The market for Blankets and Travelling Rugs of Synthetic Fibres in Morocco reached a size of 14.102 million USD in 2023. Over the past two years, it showed positive growth with a year-on-year increase of 23.29% in 2021, followed by moderate growth of 2.23% in 2022, and 2.14% in 2023. The Compound Annual Growth Rate (CAGR) indicates a steady expansion averaging 1.88% annually over the last five years.
Future trends worth watching include:
- Potential impacts of sustainable and eco-friendly material innovations on market preferences.
- Influence of economic recovery post-COVID-19 on consumer spending patterns in Morocco.
- Expansion of e-commerce, which may drive demand as online shopping becomes more prevalent.
- Developing export opportunities as manufacturers seek to diversify markets.
How does Morocco 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% | View data |
| 19 | 19 Norway | 16,272,000 | 2023 | -5.15% | -5.65% | View data |
| 20 | 20 Croatia | 15,323,000 | 2023 | +1.48% | +0.86% | View data |
| 21 | 21 Morocco | 14,102,000 | 2023 | +2.14% | +1.88% | |
| 22 | 22 Slovakia | 10,300,000 | 2023 | +0.75% | +0.018% | View data |
| 23 | 23 Costa Rica | 10,160,000 | 2023 | +1.44% | +0.71% | View data |
