Between 2013 and 2023, Sweden's market size for cotton blankets and travelling rugs showed fluctuations, with a general growth trend. By 2023, the market value per capita reached $1.52. The most recent two years experienced marginal growths with a 0.66% increase in 2022 and no increase in 2023. The compound annual growth rate (CAGR) over the last five years stood at 1.34%, indicating steady yet modest growth.
Future trends to monitor:
- Potential shifts in consumer preferences towards sustainable and organic cotton products.
- Impacts of economic conditions on consumer spending.
- Possible influence of technological advancements in textile manufacturing.