The Estonian market for Quilts, Eiderdowns, Cushions, Pouffes, Pillows, and Sleeping Bags exhibited a downward trend in volume per capita from 2013 to 2023. The year-on-year variations show a significant decline, especially from 2017 onwards, with only minor fluctuations. In 2023, the per capita volume was lower than in any of the previous years since 2013, indicating a sustained decrease over the decade. Over the last five years, the compound annual growth rate (CAGR) was negative, reflecting an average annual decline in volume per capita.
Future trends to watch:
- The impact of evolving consumer preferences towards sustainable and eco-friendly products could alter market dynamics.
- Potential recovery in market demand as the economy stabilizes post-pandemic and consumer spending power potentially increases.
- Technological advancements in manufacturing processes that might lead to cost-effective and innovative product offerings.