The market for Blankets and Travelling Rugs of Cotton in Singapore has depicted a fluctuating trend over the years. From 2012 to 2015, the market showed a steady positive growth. However, post-2015, it has seen significant variability with key declines in 2016 and 2019. The most recent years (2021-2022) have reflected slight declines. As of 2023, the market size value indicates subtle stabilization with concerns over slow growth.
Key market characteristics observed:
- From 2012 to 2015, there was consistently positive growth, peaking at a year-on-year increase of 3.95% in 2013.
- Post-2015, the market faced fluctuations, with a notable decline of 9.85% in 2016 and a sharp decline of 16.76% in 2019.
- The CAGR for the last five years has been negative at -2.27%, highlighting a general contraction trend in recent years.
- Year-on-year variations in the last two years were -0.72% in 2022 and 0.32% in 2021.
Future trends to watch for:
- Potential market recovery driven by global economic stabilization post-pandemic.
- Impact of sustainability trends in consumer preferences for cotton textiles.
- Technological advancements in textile manufacturing impacting market dynamics.
How does Singapore rank in Blankets and Travelling Rugs of Cotton Market Size Value?
| # | 13 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 91,715,000 | 2023 | +3.23% | +3.09% | View data |
| 2 | 2 United Kingdom | 84,612,000 | 2023 | +2.67% | +3.16% | View data |
| 3 | 3 France | 40,565,000 | 2023 | +2.47% | +1.33% | View data |
| 4 | 4 Sweden | 16,885,000 | 2023 | +3.28% | +2.01% | View data |
| 5 | 5 Switzerland | 12,814,000 | 2023 | -0.0049% | +0.98% | View data |
| 9 | 9 Ireland | 4,931,500 | 2023 | +6.71% | +8.01% | View data |
| 10 | 10 Norway | 4,899,400 | 2023 | -0.17% | -0.13% | View data |
| 11 | 11 Singapore | 1,994,200 | 2023 | -3.98% | -5.07% | |
| 12 | 12 Morocco | 876,570 | 2023 | +2.47% | +2.34% | View data |
| 13 | 13 Luxembourg | 548,460 | 2023 | +2.55% | +5.46% | View data |