Textile Wall Covering Market Overview in Ireland
Market Overview
The Irish textile wall covering market dropped dramatically to $
in 2019, declining by -
% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the market value increased by
% against the previous year. As a result, consumption reached the peak level of $
. From 2018 to 2019, the growth of the market failed to regain the momentum.
In value terms, textile wall covering production stood at $
in 2019 estimated in export prices. Overall, production recorded a noticeable increase. The pace of growth appeared the most rapid in 2009 with an increase of
% year-to-year. As a result, production reached the peak level of $
. From 2010 to 2019, production growth failed to regain the momentum.




In value terms, textile wall covering production stood at $



Consumption
In 2019, approx.
square meters of textile wall coverings were consumed in Ireland; remaining relatively unchanged against 2018. Overall, consumption continues to indicate slight growth. The pace of growth appeared the most rapid in 2017 with an increase of
% against the previous year. As a result, consumption attained the peak volume of
square meters. From 2018 to 2019, the growth of the consumption remained at a lower figure.
The size of the textile wall covering market in Ireland shrank rapidly to $
in 2019, dropping by -
% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of
% year-to-year. As a result, consumption reached the peak level of $
. From 2018 to 2019, the growth of the market remained at a lower figure.



The size of the textile wall covering market in Ireland shrank rapidly to $




Market Forecast
Driven by increasing demand for textile wall covering in Ireland, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +
% for the period from 2019 to
, which is projected to bring the market volume to
square meters by the end of
.




Market Structure
Driven by a growing demand, the share of imports in total supply in Ireland increased significantly over the last twelve years (from
% to
%).


Trade Balance
Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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