| Product Code: ETC6541948 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Bulgaria continued to see a high concentration of area rugs imports, with top exporters including India, Morocco, Turkey, Nepal, and Czechia. Despite the challenging Market Top 5 Importing Countries and Market Competition (HHI) Analysis conditions, the CAGR from 2020 to 2024 was -23.17%, indicating a decline in overall import volume. The drastic growth rate decrease of -93.02% from 2023 to 2024 suggests a significant shift in the Market Top 5 Importing Countries and Market Competition (HHI) Analysis dynamics. Stakeholders in the area rugs industry should closely monitor these trends and adapt their strategies to navigate the changing landscape in Bulgaria.

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 Area Rugs Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Area Rugs Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Area Rugs Market - Industry Life Cycle |
3.4 Bulgaria Area Rugs Market - Porter's Five Forces |
3.5 Bulgaria Area Rugs Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bulgaria Area Rugs Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bulgaria Area Rugs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bulgaria Area Rugs Market Trends |
6 Bulgaria Area Rugs Market, By Types |
6.1 Bulgaria Area Rugs Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Area Rugs Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Bulgaria Area Rugs Market Revenues & Volume, By Wool Area Rug, 2021- 2031F |
6.1.4 Bulgaria Area Rugs Market Revenues & Volume, By Silk Area Rug, 2021- 2031F |
6.1.5 Bulgaria Area Rugs Market Revenues & Volume, By Cotton Area Rug, 2021- 2031F |
6.1.6 Bulgaria Area Rugs Market Revenues & Volume, By Sisal, 2021- 2031F |
6.1.7 Bulgaria Area Rugs Market Revenues & Volume, By Jute and Sea Grass Area Rug, 2021- 2031F |
6.1.8 Bulgaria Area Rugs Market Revenues & Volume, By Animal Skins Area Rug, 2021- 2031F |
6.2 Bulgaria Area Rugs Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Area Rugs Market Revenues & Volume, By Residential Use, 2021- 2031F |
6.2.3 Bulgaria Area Rugs Market Revenues & Volume, By Commercial Use, 2021- 2031F |
7 Bulgaria Area Rugs Market Import-Export Trade Statistics |
7.1 Bulgaria Area Rugs Market Export to Major Countries |
7.2 Bulgaria Area Rugs Market Imports from Major Countries |
8 Bulgaria Area Rugs Market Key Performance Indicators |
9 Bulgaria Area Rugs Market - Opportunity Assessment |
9.1 Bulgaria Area Rugs Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bulgaria Area Rugs Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bulgaria Area Rugs Market - Competitive Landscape |
10.1 Bulgaria Area Rugs Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Area 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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