The household linen market in Cyprus demonstrated a fluctuating growth trend from 2013 to 2023, with values peaking in 2018 at $37.378 million, followed by a decline and a relatively stable performance from 2021 to 2023 around $35 million. The market showed a slow recovery post-2020 with marginal growth observed in the last two years of 0.07% each. The five-year compound annual growth rate leading up to 2023 was -1.09%, indicating overall contraction.
Future trends to watch for include potential influences of sustainability and eco-friendliness in product preferences, increased e-commerce penetration affecting purchasing behavior, and economic conditions impacting consumer spending power on non-essential items.
| # | 46 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 14,808,000,000 | 2023 | -6.34% | -5.54% | View data |
| 2 | 2 Japan | 5,580,800,000 | 2023 | +1.17% | -1.02% | View data |
| 3 | 3 Germany | 4,755,900,000 | 2023 | +0.013% | -0.25% | View data |
| 4 | 4 United Kingdom | 3,893,300,000 | 2023 | -0.54% | -0.1% | View data |
| 5 | 5 France | 3,873,000,000 | 2023 | -0.46% | -1.41% | View data |
| 37 | 37 El Salvador | 44,668,000 | 2023 | +0.6% | +1.45% | View data |
| 38 | 38 Bosnia and Herzegovina | 38,533,000 | 2023 | +2.51% | +3.45% | View data |
| 39 | 39 Cyprus | 35,386,000 | 2023 | +0.072% | -1.09% | |
| 40 | 40 Kenya | 31,006,000 | 2023 | +1.63% | +1.89% | View data |
| 41 | 41 Honduras | 21,280,000 | 2023 | +0.3% | +0.65% | View data |
