The market size volume per capita for blankets and travelling rugs of synthetic fibres in Portugal remained constant from 2013 to 2023, with minor fluctuations reaching a peak in 2018. From 2013's initial value, it increased marginally until it plateaued and eventually decreased back to the starting point by 2023. This demonstrates a saturation or stabilized demand over this period. The compounded annual growth rate (CAGR) over the last five years reflects a negative trend, indicating a slight decline or stabilization of the market.
Future trends to watch for include:
- Potential impact of consumer preferences shifting towards eco-friendly materials.
- The influence of economic factors such as inflation on disposable income and purchasing habits.
- Technological advancements in synthetic fibre production and how they might impact market dynamics.
