The Blankets and Traveling Rugs of Synthetic Fibres market in Bahrain displayed a noteworthy growth trajectory from 2013 to 2023. The value per capita steadily increased from 2013's $4.8, culminating at $5.91 in 2023. Significant expansions in 2018 and 2021 were evident, despite a dip to $4.7 in 2020, likely due to the pandemic’s economic impact. In recent years, growth has resumed with a 3.0% increase in 2022 and 1.4% in 2023. Reviewing the past five years, the compound annual growth rate (CAGR) was 1.2%, indicating modest yet consistent growth.
Looking ahead, future trends to watch include increased demand due to population growth, innovations in synthetic fibre technology enhancing product quality, and potential environmental regulations influencing synthetic materials' production and market dynamics.
| # | 25 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 8.66 | 2023 | View data | ||
| 2 | 2 Canada | 8 | 2023 | View data | ||
| 3 | 3 Austria | 6.81 | 2023 | View data | ||
| 4 | 4 New Zealand | 6.07 | 2023 | View data | ||
| 5 | 5 Bahrain | 5.91 | 2023 | |||
| 6 | 6 Japan | 5.55 | 2023 | View data | ||
| 7 | 7 United Kingdom | 5.32 | 2023 | View data | ||
