The market size for blankets and travelling rugs of synthetic fibers in Denmark exhibited fluctuations from 2013 to 2023. In 2023, the market value stood at €7.1701 million. While early years such as 2014 saw robust growth, subsequent years experienced volatility with both declines and modest gains. Over the last two years, there was minimal growth with just over a 1% increase year-on-year. The 5-year compound annual growth rate (CAGR) reflects a slight decline of 0.14%, indicating a stagnant market environment.
Looking forward, key trends to watch include advancements in synthetic fiber technology, sustainable production practices, and shifts in consumer preferences toward eco-friendly products. These factors could potentially stimulate growth and alter the market dynamics in Denmark.
How does Denmark rank in Blankets and Travelling Rugs of Synthetic Fibres Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 134,210,000 | 2023 | +1.65% | +1.33% | View data |
| 2 | 2 France | 111,490,000 | 2023 | +3.67% | +4.07% | View data |
| 3 | 3 United Kingdom | 98,083,000 | 2023 | +2.74% | +3.44% | View data |
| 4 | 4 Estonia | 60,571,000 | 2023 | -3.83% | -5.13% | View data |
| 5 | 5 Italy | 53,488,000 | 2023 | -0.064% | -5.8% | View data |
| 9 | 9 Sweden | 14,862,000 | 2023 | -2.48% | -1.14% | View data |
| 10 | 10 Greece | 14,839,000 | 2023 | +6.19% | +5.23% | View data |
| 11 | 11 Denmark | 7,170,100 | 2023 | +1.02% | -0.14% | |
| 12 | 12 Finland | 6,077,800 | 2023 | +0.55% | -2.26% | View data |