The South African market for blankets and traveling rugs made of synthetic fibers showcased a cyclical growth pattern from 2013 to 2023, with the market value reaching 60.332 million USD in 2023. Notable fluctuations occurred due to a sharp decrease of 15.75% in 2020, followed by recoveries in 2021 and 2022 with increases of 23.17% and 2.14%, respectively. A consistent annual growth rate of 2% over the past five years suggests a stable but slow recovery post-2020.
Future trends to watch for:
- Innovation in synthetic fibers for improved warmth and sustainability.
- Impact of economic conditions and climate on consumer preferences.
- Potential for increased exports within Africa due to favorable trade agreements.
How does South Africa 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 |
| 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 |
| 9 | 9 South Africa | 60,332,000 | 2023 | +2.05% | +2% | |
| 10 | 10 Sweden | 55,791,000 | 2023 | +4% | -0.58% | View data |
| 11 | 11 Belgium | 55,625,000 | 2023 | +1.1% | +1.94% | View data |
