| Product Code: ETC4905330 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cyprus continues to see a strong influx of decorative rugs from top exporting countries such as Greece, Italy, India, Netherlands, and Denmark in 2024. Despite a negative CAGR of -17.76% from 2020-24, there was a remarkable growth rate of 132.81% in 2024 alone. The high Herfindahl-Hirschman Index (HHI) indicates a concentration of imports among a few key players, suggesting potential market dominance. Overall, the market for decorative rugs in Cyprus appears to be dynamic and experiencing significant fluctuations in recent years.

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 Cyprus Decorative Rugs Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Decorative Rugs Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Decorative Rugs Market - Industry Life Cycle |
3.4 Cyprus Decorative Rugs Market - Porter's Five Forces |
3.5 Cyprus Decorative Rugs Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cyprus Decorative Rugs Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Cyprus Decorative Rugs Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Cyprus Decorative Rugs Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cyprus Decorative Rugs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Decorative Rugs Market Trends |
6 Cyprus Decorative Rugs Market Segmentations |
6.1 Cyprus Decorative Rugs Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Decorative Rugs Market Revenues & Volume, By Hand-knotted Rugs, 2021-2031F |
6.1.3 Cyprus Decorative Rugs Market Revenues & Volume, By Hand-tufted Rugs, 2021-2031F |
6.1.4 Cyprus Decorative Rugs Market Revenues & Volume, By Machine-made Rugs, 2021-2031F |
6.1.5 Cyprus Decorative Rugs Market Revenues & Volume, By Flatweave Rugs, 2021-2031F |
6.1.6 Cyprus Decorative Rugs Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cyprus Decorative Rugs Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Decorative Rugs Market Revenues & Volume, By Wool, 2021-2031F |
6.2.3 Cyprus Decorative Rugs Market Revenues & Volume, By Nylon, 2021-2031F |
6.2.4 Cyprus Decorative Rugs Market Revenues & Volume, By Cotton, 2021-2031F |
6.2.5 Cyprus Decorative Rugs Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.6 Cyprus Decorative Rugs Market Revenues & Volume, By Jute, 2021-2031F |
6.2.7 Cyprus Decorative Rugs Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cyprus Decorative Rugs Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Decorative Rugs Market Revenues & Volume, By Wholesalers/Distributors, 2021-2031F |
6.3.3 Cyprus Decorative Rugs Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021-2031F |
6.3.4 Cyprus Decorative Rugs Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.5 Cyprus Decorative Rugs Market Revenues & Volume, By Online Retailers, 2021-2031F |
6.3.6 Cyprus Decorative Rugs Market Revenues & Volume, By Others, 2021-2031F |
6.4 Cyprus Decorative Rugs Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Decorative Rugs Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Cyprus Decorative Rugs Market Revenues & Volume, By Commercial, 2021-2031F |
7 Cyprus Decorative Rugs Market Import-Export Trade Statistics |
7.1 Cyprus Decorative Rugs Market Export to Major Countries |
7.2 Cyprus Decorative Rugs Market Imports from Major Countries |
8 Cyprus Decorative Rugs Market Key Performance Indicators |
9 Cyprus Decorative Rugs Market - Opportunity Assessment |
9.1 Cyprus Decorative Rugs Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cyprus Decorative Rugs Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Cyprus Decorative Rugs Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Cyprus Decorative Rugs Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cyprus Decorative Rugs Market - Competitive Landscape |
10.1 Cyprus Decorative Rugs Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Decorative 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.
To discover high-growth global markets and optimize your business strategy:
Click Here