The market size of blankets and travelling rugs made of synthetic fibers in Italy has seen fluctuations over the years. In 2023, the market size stood at 53.488 million euros. A significant decline began in 2019, with a notable decrease of over 21%. The trend continued with successive annual decreases, reaching a -0.064% change in 2023. The compound annual growth rate (CAGR) over the past five years is -5.8%, reflecting a shrinking market.
Future trends to watch for include:
- Recovery potential post-economic stabilization post-pandemic adaptations.
- Increased demand for sustainable and eco-friendly materials as consumer preferences evolve.
- Advancements in synthetic fiber technology improving product appeal and utility.
- Shifts in travel patterns affecting demand for travelling rugs.
How does Italy 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% | View data |
| 5 | 5 Italy | 53,488,000 | 2023 | -0.064% | -5.8% | |
| 6 | 6 Poland | 53,338,000 | 2023 | +5.11% | +6.85% | View data |
| 7 | 7 Spain | 52,846,000 | 2023 | +0.37% | -0.9% | View data |
