The Australian market for blankets and traveling rugs of synthetic fibers reached a value of 242.37 million USD in 2023. Between 2013 and 2023, the market exhibited fluctuating growth, with notable increases in 2016 (15.99%) and 2017 (21.22%) and a decline in 2018 (-5.04%). Recent trends show stable growth, with a 3.99% increase in 2023 and a compound annual growth rate (CAGR) of 3.67% over the past five years.
Future trends to watch include the impact of sustainability initiatives on material preferences, technological advancements in synthetic fiber production, and shifting consumer preferences towards eco-friendly products, which could drive innovation and market differentiation.
How does Australia rank in Blankets and Travelling Rugs of Synthetic Fibres Market Size Value?
| # | 25 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 679,800,000 | 2023 | -3.21% | -3.97% | View data |
| 2 | 2 United Kingdom | 358,910,000 | 2023 | +2.32% | +2.89% | View data |
| 3 | 3 Canada | 303,720,000 | 2023 | +1.83% | +1.13% | View data |
| 4 | 4 France | 283,320,000 | 2023 | +1.1% | +0.00092% | View data |
| 5 | 5 Australia | 242,370,000 | 2023 | +3.99% | +3.67% | |
| 6 | 6 Italy | 136,940,000 | 2023 | -1.77% | -3.12% | View data |
| 7 | 7 Netherlands | 88,411,000 | 2023 | +1.74% | +0.76% | View data |
