The market is dominated by domestic suppliers, as imports account for 12.6% of total market size in 2023. Households drive market demand, with household spending representing 69.6% of total demand in 2023. Brazil has the largest market size for carpets and rugs regionally, with demand reaching USD572 million in 2023. Formtap Indústria e Comércio SA is the largest company in Brazil, generating 18.8% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 45.3% of total production value in 2023. The total number of companies increases in 2023, to 7,833 units. The costs of the industry increase by 4.2% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 0.5% of production value in 2023, the 13th highest regionally. The industry’s exports share decreases in 2023 to 3.6% of total production output. With production value of USD418 million, Brazil accounts for 29.4% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Carpets and Rugs in Brazil: ISIC 1722. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Carpets and Rugs in Brazil: ISIC 1722 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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