Expansion of the Global Blanket Industry is Forecast to Reach 1.9% P.A.

Date: 2015-10-13

The expansion of the global blanket industry is forecast to reach 1.9% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 5.1%. Currently, blankets of synth fibres account for 77.4% of the global demand while the remaining market share is divided between blankets of cotton (12.7%), blankets of wool or fine animal hair (5.1%) and blankets of other materials (4.7%).

China, Japan, South Korea, Spain and the United States represent the largest blanket markets while the strongest annual growth is forecast to occur in Jordan (19.7%), Poland (10.4%), China (3.9%), Chile (3.6%) and Mexico (3.5%).

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