The market for blankets and travelling rugs of synthetic fibres in New Zealand reached a size of $31.134 million in 2023, showing resilience with nearly 1% year-on-year growth for the last two years. Over the past decade, the market experienced fluctuations, notably a significant decline in 2020 due to external factors. However, it rebounded with positive momentum, achieving an overall CAGR of 2.22% from 2018 to 2023.
Future trends to watch for include:
- Increased demand for sustainable and eco-friendly products.
- Technological advancements in synthetic fibre production.
- Potential impact of economic changes on consumer spending.
- Expanding e-commerce channels improving product accessibility.
How does New Zealand 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 |
| 13 | 13 Portugal | 32,822,000 | 2023 | +1.1% | -0.092% | View data |
| 14 | 14 Switzerland | 31,251,000 | 2023 | -1.76% | -1.44% | View data |
| 15 | 15 New Zealand | 31,134,000 | 2023 | +0.96% | +2.22% | |
| 16 | 16 Denmark | 21,829,000 | 2023 | -0.79% | -1.27% | View data |
| 17 | 17 Ireland | 18,383,000 | 2023 | +4.62% | +3.24% | View data |
