The market size for blankets and traveling rugs of synthetic fibers in Denmark experienced fluctuations from 2013 to 2023, closing at a value of 21.829 million USD in 2023. Throughout this period, there were both growth and decline phases, with significant declines in 2020 followed by partial recovery in 2021. The last five years showed an average compound annual growth rate (CAGR) of -1.27%, indicating an overall shrinking trend.
Future trends to watch for include:
- Increased focus on sustainable materials could shift consumer preferences away from synthetic fibers.
- Developments in eco-friendly synthetic fibers may provide growth opportunities.
- Changes in travel behavior post-pandemic may impact market demand.
How does Denmark rank in Blankets and Travelling Rugs of Synthetic Fibres Market Size Value?
| # | 25 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 679,800,000 | 2023 | -3.21% | -3.97% | View data |
| 2 | 2 United Kingdom | 358,910,000 | 2023 | +2.32% | +2.89% | View data |
| 3 | 3 Canada | 303,720,000 | 2023 | +1.83% | +1.13% | View data |
| 4 | 4 France | 283,320,000 | 2023 | +1.1% | +0.00092% | View data |
| 5 | 5 Australia | 242,370,000 | 2023 | +3.99% | +3.67% | View data |
| 14 | 14 Switzerland | 31,251,000 | 2023 | -1.76% | -1.44% | View data |
| 15 | 15 New Zealand | 31,134,000 | 2023 | +0.96% | +2.22% | View data |
| 16 | 16 Denmark | 21,829,000 | 2023 | -0.79% | -1.27% | |
| 17 | 17 Ireland | 18,383,000 | 2023 | +4.62% | +3.24% | View data |
| 18 | 18 Finland | 16,672,000 | 2023 | -0.9% | -1.43% | View data |
