In 2023, the market size volume for blankets and travelling rugs of synthetic fibers in Estonia was valued at 4.3641 million. Over the years, the market experienced fluctuations, starting with growth until 2015. Thereafter, a declining trend emerged, seeing year-on-year decreases almost steadily until 2023. The five-year CAGR from 2018 to 2023 indicates an average annual decrease of 6.3%. The most substantial drop occurred between 2016 and 2017, while the decline slowed significantly between 2021 and 2023.
Future trends to watch include technological advancements in synthetic fiber production and shifts in consumer preferences towards sustainable materials, potentially impacting market volumes and trends.
