The household linen market in New Zealand has experienced fluctuations over the past decade, recording a market size value of 418.77 million USD in 2023. Notable fluctuations include a peak in 2014 and a decline during 2019 and 2020. Recent years show a slight recovery with positive growth in 2021, 2022, and 2023.
Year-on-year growth for the last two years remains modest with increases of 0.98% in 2022 and 0.95% in 2023. Over the last five years, the market’s Compound Annual Growth Rate (CAGR) exhibited a gentle upward trend of 0.35%.
Future trends to watch for include increasing consumer preferences for sustainable and eco-friendly linens and potential impacts from changing economic conditions or import/export regulations. The market may also benefit from innovations in materials and design, catering to evolving consumer tastes and demands.
How does New Zealand rank in Household Linen Market Size Value?
| # | 46 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 14,808,000,000 | 2023 | -6.34% | -5.54% | View data |
| 2 | 2 Japan | 5,580,800,000 | 2023 | +1.17% | -1.02% | View data |
| 3 | 3 Germany | 4,755,900,000 | 2023 | +0.013% | -0.25% | View data |
| 4 | 4 United Kingdom | 3,893,300,000 | 2023 | -0.54% | -0.1% | View data |
| 5 | 5 France | 3,873,000,000 | 2023 | -0.46% | -1.41% | View data |
| 15 | 15 Israel | 513,730,000 | 2023 | +3.82% | +3.89% | View data |
| 16 | 16 Denmark | 447,360,000 | 2023 | +0.3% | -0.35% | View data |
| 17 | 17 New Zealand | 418,770,000 | 2023 | +0.95% | +0.35% | |
| 18 | 18 Belgium | 408,570,000 | 2023 | -0.68% | -2.43% | View data |
| 19 | 19 Brazil | 394,190,000 | 2023 | -2.76% | -3.72% | View data |