Report Update Apr 1, 2024

Puerto Rico - Blankets and Traveling Rugs (Except Electric Blankets) - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Blanket Market 2024

Blanket Market Size in Puerto Rico

The Puerto Rican blanket market dropped to $X in 2021, with a decrease of -7.7% against the previous year. Overall, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +9.1% against 2019 indices. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Blanket Production in Puerto Rico

In value terms, blanket production shrank to $X in 2021 estimated in export price. In general, the total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +9.8% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 84%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

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Blanket Exports

Exports by Country

China dominates exports structure, amounting to X units, which was approx. 81% of total exports in 2021. India (X units) took a minor share of total exports.

Exports from China increased at an average annual rate of +3.5% from 2012 to 2021. At the same time, India (+4.4%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +4.4% from 2012-2021. China (+1.9 p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest blanket supplier from Puerto Rico, comprising 74% of global exports. The second position in the ranking was taken by India ($X), with a 3.8% share of global exports.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +3.3%.

Blanket Imports

Imports by Country

The United States represented the major importing country with an import of about X units, which amounted to 38% of total imports. The following importers - Germany (X units), the United Arab Emirates (X units), Canada (X units), the UK (X units), Japan (X units), the Netherlands (X units), Poland (X units), France (X units), Greece (X units), Australia (X units), Spain (X units) and Libya (X units) - together made up 28% of total imports.

Imports into the United States increased at an average annual rate of +13.3% from 2012 to 2021. At the same time, Greece (+20.7%), Poland (+18.1%), the Netherlands (+13.9%), Canada (+11.6%), France (+7.5%), Germany (+7.0%), the UK (+6.9%) and Australia (+5.1%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in the world, with a CAGR of +20.7% from 2012-2021. By contrast, the United Arab Emirates (-3.5%), Spain (-3.9%), Japan (-4.2%) and Libya (-11.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +19 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported blankets and traveling rugs (except electric blankets) into Puerto Rico, comprising 36% of global imports. The second position in the ranking was taken by Germany ($X), with a 4.5% share of global imports. It was followed by Japan, with a 4.2% share.

In the United States, blanket imports increased at an average annual rate of +9.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+3.3% per year) and Japan (-4.1% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for blankets and traveling rugs (except electric blankets) in the world?

The country with the largest volume of blanket consumption was the United States, accounting for 23% of total volume. Moreover, blanket consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fourfold. The third position in this ranking was taken by India, with a 3.1% share.

What are the largest producers of blankets and traveling rugs (except electric blankets) in the world?

China constituted the country with the largest volume of blanket production, comprising approx. 57% of total volume. Moreover, blanket production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. Pakistan ranked third in terms of total production with a 3% share.

What are the leading suppliers of blankets and traveling rugs (except electric blankets) to Puerto Rico?

In value terms, the United States constitutes the largest market for imported blankets and traveling rugs except electric blankets) into Puerto Rico, comprising 36% of global imports. The second position in the ranking was held by Germany, with a 4.5% share of global imports. It was followed by Japan, with a 4.2% share.

What are the leading importers of blankets and traveling rugs (except electric blankets) from Puerto Rico?

In value terms, China remains the largest blanket supplier from Puerto Rico, comprising 74% of global exports. The second position in the ranking was taken by India, with a 3.8% share of global exports.

This report provides an in-depth analysis of the blanket market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13921130 - Blankets and travelling rugs of wool or fine animal hair (excluding electric blankets)
Prodcom 13921150 - Blankets and travelling rugs of synthetic fibres (excluding electric blankets)
Prodcom 13921190 - Blankets (excluding electric blankets) and travelling rugs of textile materials (excluding of wool or fine animal hair, of synthetic fibres)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023