The market size for blankets and traveling rugs of cotton in Luxembourg reached 548.46 thousand US dollars in 2023. Observing the year-on-year growth, there was consistent yet moderate growth of approximately 2.55% from the previous year. This aligns with the steady compound annual growth rate (CAGR) of 5.46% over the past five years. Historically, the market fluctuated with both declines and significant increases, peaking significantly in 2020 before observing steadier growth post-2020.
Future trends to watch for include increasing demand for sustainable and eco-friendly cotton products, potentially driving further market expansion. Additionally, potential changes in consumer behavior and preference shifts towards luxury and comfort items could stimulate further growth in this market segment.
| # | 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% | View data |
| 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 |
| 11 | 11 Singapore | 1,994,200 | 2023 | -3.98% | -5.07% | View data |
| 12 | 12 Morocco | 876,570 | 2023 | +2.47% | +2.34% | View data |
| 13 | 13 Luxembourg | 548,460 | 2023 | +2.55% | +5.46% | |
