The market for blankets and traveling rugs of synthetic fibers in Estonia showed variability from 2013 to 2023, reaching a value of 60.571 million euros in 2023. After a period of decline from 2014 to 2021, a slight recovery was observed in 2022 with a growth of 15.92%. However, the market contracted again by 3.83% in 2023. The five-year compound annual growth rate (CAGR) indicated a 5.13% annual decline. Notable trends include fluctuations with short-term growth spurts not sustained over longer periods.
Future market trends to watch for include:
- Adoption of eco-friendly and sustainable materials.
- Potential economic impacts on consumer spending habits.
- Advancements in synthetic fiber technology.
- Increased demand for versatile, travel-friendly products.
How does Estonia 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% | |
| 5 | 5 Italy | 53,488,000 | 2023 | -0.064% | -5.8% | View data |
| 6 | 6 Poland | 53,338,000 | 2023 | +5.11% | +6.85% | View data |
