The market for blankets and traveling rugs of cotton in Morocco has shown a consistent increase, reaching 876.57 thousand USD in 2023. Over the past decade, the market experienced a healthy growth trajectory with significant jumps in 2016 and steady increments thereafter. In recent years, from 2021 to 2023, the market grew annually by approximately 2.47% to 2.71%, indicating stable demand. The average compound annual growth rate over the last five years stands at 2.34%, reflecting modest but consistent expansion.
Future trends to watch for include:
- Potential shifts in consumer preference towards sustainable and organic cotton products could drive market dynamics.
- Economic factors and changes in disposable income levels as global markets recover from pandemic impacts might influence purchasing power and demand.
- Technological advancements in textile production could improve product quality and market competitiveness.
| # | 13 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 91,715,000 | 2023 | +3.23% | +3.09% | View data |
| 2 | 2 United Kingdom | 84,612,000 | 2023 | +2.67% | +3.16% | View data |
| 3 | 3 France | 40,565,000 | 2023 | +2.47% | +1.33% | View data |
| 4 | 4 Sweden | 16,885,000 | 2023 | +3.28% | +2.01% | View data |
| 5 | 5 Switzerland | 12,814,000 | 2023 | -0.0049% | +0.98% | View data |
| 10 | 10 Norway | 4,899,400 | 2023 | -0.17% | -0.13% | View data |
| 11 | 11 Singapore | 1,994,200 | 2023 | -3.98% | -5.07% | View data |
| 12 | 12 Morocco | 876,570 | 2023 | +2.47% | +2.34% | |
| 13 | 13 Luxembourg | 548,460 | 2023 | +2.55% | +5.46% | View data |
