The market size volume per capita for blankets and travelling rugs made of synthetic fibers in Estonia decreased significantly from 5.03 in 2013 to 3.09 in 2023. Notably, from its peak in 2015 at 6.22, a downtrend persisted, with a 2023 value of 3.09, marking a steady decline over the past decade.

Key trends:

2013-2015: Initial growth, peaking in 2015 before a downturn.
2015-2023: Consistent year-over-year decline in volume per capita.
Past two years showed a successive decrease, reflecting ongoing weak market demand.
The five-year CAGR reflects negative growth, indicating declining market engagement.

Future trends to watch for:

Potential market stabilization or revival driven by increased interest in sustainable and innovative synthetic materials.
Impact of economic fluctuations and consumer purchasing power on market dynamics.
Technological advancements potentially driving new product developments.