The market for blankets and travelling rugs of cotton in Singapore experienced varied growth from 2013 to 2023, peaking at $0.46 per capita in 2015 and 2018. The latest data shows a slight decline to $0.38 in 2023, continuing decreases since 2019. Year-on-year variations reflect a consistent contraction over the past two years. The five-year compound annual growth rate (CAGR) indicates a gentle downturn in the market.
Future trends to watch for include potential recovery influenced by travel resumption post-pandemic, eco-conscious consumer shifts favoring sustainable cotton, and diversifying product lines enhancing market appeal among urban consumers.
| # | 13 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 1.86 | 2023 | View data | ||
| 2 | 2 Switzerland | 1.58 | 2023 | View data | ||
| 3 | 3 Sweden | 1.52 | 2023 | View data | ||
| 4 | 4 United Kingdom | 1.16 | 2023 | View data | ||
| 5 | 5 Germany | 1.11 | 2023 | View data | ||
| 9 | 9 Greece | 0.65 | 2023 | View data | ||
| 10 | 10 France | 0.6 | 2023 | View data | ||
| 11 | 11 Singapore | 0.38 | 2023 | |||
| 12 | 12 Mexico | 0.045 | 2023 | View data | ||
| 13 | 13 Morocco | 0.024 | 2023 | View data | ||
