The market value for blankets and travelling rugs of cotton in the UK demonstrated fluctuations from 2013 to 2023, peaking in 2023 at $84.612 million. The period from 2013 to 2017 saw a general decline, followed by recovery and growth from 2018 onwards. The last two years observed moderate year-on-year growth rates of 2.78% (2022) and 2.67% (2023), signaling steadiness after a significant rebound in 2021. The compound annual growth rate (CAGR) over the latest five-year span registered at 3.16%, indicating a positive upward trend.
Future trends to monitor include:
- The impact of economic fluctuations on consumer spending.
- Supply chain dynamics affecting manufacturing and distribution.
- Evolving consumer preferences towards sustainable and organic cotton products.
| # | 13 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 91,715,000 | 2023 | +3.23% | +3.09% | View data |
| 2 | 2 United Kingdom | 84,612,000 | 2023 | +2.67% | +3.16% | |
| 3 | 3 France | 40,565,000 | 2023 | +2.47% | +1.33% | View data |
| 4 | 4 Sweden | 16,885,000 | 2023 | +3.28% | +2.01% | View data |
| 5 | 5 Switzerland | 12,814,000 | 2023 | -0.0049% | +0.98% | View data |
