| Product Code: ETC5516699 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Bulgaria saw a more diverse range of countries exporting carpets & rugs, with India, Turkey, Metropolitan France, Italy, and Pakistan leading the way. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis previously exhibited high concentration in 2023, but this has since shifted to a more moderate level in 2024. Despite a notable decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period remains strong at 8.25%. This suggests a stable and growing Market Top 5 Importing Countries and Market Competition (HHI) Analysis for carpets & rugs in Bulgaria, with a more balanced distribution of imports among various exporting countries.

In the Europe region, the Carpets & Rugs market in Bulgaria is projected to expand at a negative growth rate of -0.00% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Carpets & Rugs Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Carpets & Rugs Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Carpets & Rugs Market - Industry Life Cycle |
3.4 Bulgaria Carpets & Rugs Market - Porter's Five Forces |
3.5 Bulgaria Carpets & Rugs Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Bulgaria Carpets & Rugs Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Bulgaria Carpets & Rugs Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Bulgaria Carpets & Rugs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for home décor and interior design solutions |
4.2.2 Growth in the real estate sector leading to higher demand for carpets and rugs |
4.2.3 Rising disposable income and changing consumer lifestyles |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Competition from alternative flooring options such as hardwood or vinyl |
4.3.3 Economic uncertainty impacting consumer spending behavior |
5 Bulgaria Carpets & Rugs Market Trends |
6 Bulgaria Carpets & Rugs Market Segmentations |
6.1 Bulgaria Carpets & Rugs Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Carpets & Rugs Market Revenues & Volume, By Nylon, 2021-2031F |
6.1.3 Bulgaria Carpets & Rugs Market Revenues & Volume, By Polyester, 2021-2031F |
6.1.4 Bulgaria Carpets & Rugs Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.5 Bulgaria Carpets & Rugs Market Revenues & Volume, By Cotton, 2021-2031F |
6.1.6 Bulgaria Carpets & Rugs Market Revenues & Volume, By Wool, 2021-2031F |
6.1.7 Bulgaria Carpets & Rugs Market Revenues & Volume, By Silk, 2021-2031F |
6.2 Bulgaria Carpets & Rugs Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Carpets & Rugs Market Revenues & Volume, By Woven, 2021-2031F |
6.2.3 Bulgaria Carpets & Rugs Market Revenues & Volume, By Tufted, 2021-2031F |
6.2.4 Bulgaria Carpets & Rugs Market Revenues & Volume, By Knotted, 2021-2031F |
6.2.5 Bulgaria Carpets & Rugs Market Revenues & Volume, By Needle-Punched, 2021-2031F |
6.2.6 Bulgaria Carpets & Rugs Market Revenues & Volume, By Others, 2021-2031F |
6.3 Bulgaria Carpets & Rugs Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Carpets & Rugs Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Bulgaria Carpets & Rugs Market Revenues & Volume, By Commercial, 2021-2031F |
7 Bulgaria Carpets & Rugs Market Import-Export Trade Statistics |
7.1 Bulgaria Carpets & Rugs Market Export to Major Countries |
7.2 Bulgaria Carpets & Rugs Market Imports from Major Countries |
8 Bulgaria Carpets & Rugs Market Key Performance Indicators |
8.1 Average selling price of carpets and rugs |
8.2 Number of new housing projects or renovations |
8.3 Consumer sentiment towards luxury home furnishings |
8.4 Export/import volume of carpets and rugs |
8.5 Number of carpet and rug manufacturers entering or exiting the market |
9 Bulgaria Carpets & Rugs Market - Opportunity Assessment |
9.1 Bulgaria Carpets & Rugs Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Bulgaria Carpets & Rugs Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Bulgaria Carpets & Rugs Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Bulgaria Carpets & Rugs Market - Competitive Landscape |
10.1 Bulgaria Carpets & Rugs Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Carpets & Rugs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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