The market for Blankets and Travelling Rugs of Synthetic Fibres in Latvia has shown a steady increase in value per capita, reaching $3.30 in 2023. The year-on-year growth from 2022 to 2023 was approximately 4.1%, marking a continuation of the upward trend observed over the past decade. This growth follows a Compound Annual Growth Rate (CAGR) of around 3.9% over the last five years, indicating a strong and consistent market performance.
Future trends to watch for in this market include:
- Increased demand for sustainable and eco-friendly synthetic fibres as consumer awareness grows.
- Technological advancements in synthetic material manufacturing could enhance product quality and market appeal.
- Economic factors affecting disposable income, which could influence consumer spending on non-essential items such as travelling rugs.
How does Latvia rank in Blankets and Travelling Rugs of Synthetic Fibres Market Size Value Per Capita?
| # | 25 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 8.66 | 2023 | View data | ||
| 2 | 2 Canada | 8 | 2023 | View data | ||
| 3 | 3 Austria | 6.81 | 2023 | View data | ||
| 4 | 4 New Zealand | 6.07 | 2023 | View data | ||
| 5 | 5 Bahrain | 5.91 | 2023 | View data | ||
| 14 | 14 Ireland | 3.53 | 2023 | View data | ||
| 15 | 15 Switzerland | 3.44 | 2023 | View data | ||
| 16 | 16 Latvia | 3.3 | 2023 | |||
| 17 | 17 Portugal | 3.21 | 2023 | View data | ||
| 18 | 18 Finland | 3 | 2023 | View data | ||
