The Blankets and Travelling Rugs of Synthetic Fibres market in Italy saw fluctuating values from 2013 to 2023, with a peak in 2014 at 199.24 million USD. By 2023, the market size had declined to 136.94 million USD, reflecting a sustained downward trend. Over the last two years, the market contracted slightly with declines of 1.78% in 2022 and 1.77% in 2023. The average compound annual growth rate over the past five years was -3.12%, highlighting a consistent decrease in market value during this period.
Future trends to watch for include:
- Potential recovery post-2023 as market dynamics adjust to new consumer behaviors.
- Innovations in synthetic fiber technologies that could reignite demand.
- Impact of sustainability initiatives on market structure and consumer preferences.
How does Italy 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 |
| 6 | 6 Italy | 136,940,000 | 2023 | -1.77% | -3.12% | |
| 7 | 7 Netherlands | 88,411,000 | 2023 | +1.74% | +0.76% | View data |
| 8 | 8 Austria | 61,226,000 | 2023 | +0.78% | +0.36% | View data |