The market for blankets and traveling rugs of synthetic fibers in Mexico showed resilience with fluctuations over the past decade. In 2023, the market value stood at $52.635 million, showing a modest growth from the previous year. The average annual growth over the last five years (CAGR) was 2.27%, indicating a recovery from earlier contractions. Despite a significant dip in 2020 due to global disruptions, the market has shown resilience, rebounding in the years following.
Future trends to observe include:
- Increasing demand for eco-friendly synthetic fibers as sustainability becomes a focal consumer preference.
- Potential growth driven by tourism and travel resurgence, boosting demand for both seasonal and travel-related products.
- Technological advancements in materials leading to more innovative and appealing blanket options.
How does Mexico 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 |
| 10 | 10 Sweden | 55,791,000 | 2023 | +4% | -0.58% | View data |
| 11 | 11 Belgium | 55,625,000 | 2023 | +1.1% | +1.94% | View data |
| 12 | 12 Mexico | 52,635,000 | 2023 | +1.54% | +2.27% | |
| 13 | 13 Portugal | 32,822,000 | 2023 | +1.1% | -0.092% | View data |
| 14 | 14 Switzerland | 31,251,000 | 2023 | -1.76% | -1.44% | View data |
