The market size for Blankets and Travelling Rugs of Synthetic Fibres in Switzerland was $31.56 million in 2023. Despite moderate growth in the early years from 2013 to 2015, a significant decline has been observed since 2016. From 2018 onward, the market faced fluctuations, struggling to recover fully. The year-on-year variation was negative (-1.76%) in 2023, aligning with a five-year CAGR of -1.44%. This indicates a steady long-term contraction in the market.
Future trends to watch for include:
- Potential shifts towards eco-friendly and natural fibers, impacting synthetic options.
- Technological advancements that could spur product innovation and market revival.
- Consumer demand fluctuations post-pandemic, possibly leading to market stabilization or further decline.
How does Switzerland 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 |
| 12 | 12 Mexico | 52,635,000 | 2023 | +1.54% | +2.27% | View data |
| 13 | 13 Portugal | 32,822,000 | 2023 | +1.1% | -0.092% | View data |
| 14 | 14 Switzerland | 31,251,000 | 2023 | -1.76% | -1.44% | |
| 15 | 15 New Zealand | 31,134,000 | 2023 | +0.96% | +2.22% | View data |
| 16 | 16 Denmark | 21,829,000 | 2023 | -0.79% | -1.27% | View data |
