The market size for blankets and traveling rugs of synthetic fibers in Finland stood at 6.0778 million euros in 2023. Observing a decade-long trend, the market experienced fluctuations with noticeable drops between 2016 and 2021, bottoming out in 2021. The market showed signs of recovery starting from 2022 with a modest increase continuing into 2023. The compound annual growth rate (CAGR) over the last five years reflects a downturn of -2.26%.
Future trends to watch for include:
- Emerging sustainability trends could shift consumer preferences towards eco-friendlier options, impacting synthetic fiber demand.
- Technological advancements in manufacturing may enhance the quality and appeal of synthetic products.
- Potential economic fluctuations could either boost or impede market growth.
How does Finland rank in Blankets and Travelling Rugs of Synthetic Fibres Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 134,210,000 | 2023 | +1.65% | +1.33% | View data |
| 2 | 2 France | 111,490,000 | 2023 | +3.67% | +4.07% | View data |
| 3 | 3 United Kingdom | 98,083,000 | 2023 | +2.74% | +3.44% | View data |
| 4 | 4 Estonia | 60,571,000 | 2023 | -3.83% | -5.13% | View data |
| 5 | 5 Italy | 53,488,000 | 2023 | -0.064% | -5.8% | View data |
| 10 | 10 Greece | 14,839,000 | 2023 | +6.19% | +5.23% | View data |
| 11 | 11 Denmark | 7,170,100 | 2023 | +1.02% | -0.14% | View data |
| 12 | 12 Finland | 6,077,800 | 2023 | +0.55% | -2.26% | |