Blankets (other than electric blankets) and travelling rugs: of wool or fine animal hair

In 2024, blankets (other than electric blankets) and travelling rugs: of wool or fine animal hair trade exhibited strong growth, with global flows reaching $328,858,595 and a three-year compound annual growth rate of +4.9% (five-year: +10.5%). The all-time peak of $328,858,595 was recorded in 2024.

Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (-0.3% acceleration).

The World Trade Flows Characterization classifies blankets (other than electric blankets) and travelling rugs: of wool or fine animal hair as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.154). The three largest exporters — China ($109.6M), Italy ($46.0M), and France ($34.2M) — collectively dominate supply flows. The leading exporter has grown at +27.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.062). The three largest import markets are United States ($58.1M), France ($26.3M), and Singapore ($25.2M). The largest importing market sources from 76 different supplying countries.

Estimated substitution elasticity: -6.65. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → Malaysia at $23.2M, representing 98.5% of the importer's total demand.

The volatility score for blankets (other than electric blankets) and travelling rugs: of wool or fine animal hair is 4 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.