From 2013 to 2023, Lithuania's market for curtains and interior blinds, specifically non-woven materials, expanded from 0.06 to 0.11 square meters per capita. Between 2018 and 2023, per capita consumption increased significantly, marking a Compound Annual Growth Rate (CAGR) of 3.78%. However, analyzing year-on-year, there was a plateau around 2017 and 2019, with more dynamic growth resuming in 2020. In 2023, the value stood at 0.11 square meters per capita, indicating a healthy market size.
Looking ahead, watch for:
- Growing consumer preference for eco-friendly materials.
- Technological advances leading to versatile design solutions.
- Potential economic changes that could impact consumer spending.