Top Exporters (2016-22) for Blankets and Travelling Rugs (HS Code 6301)

Global Export (2016-22) Growth Rate for Blankets and Travelling Rugs (HS Code 6301)

Global Market Share (2022) of Exporters of Blankets and Travelling Rugs (HS CODE 6301)

Overview:

The global market for blankets and travelling rugs has experienced a robust growth rate of 4.7% from 2016 to 2022. The total export value increased from $4,491.6 million in 2016 to $5,931.2 million in 2022. This growth underscores the rising global demand for these textile products. Despite a dip in 2020, likely due to the pandemic, the market quickly recovered and saw substantial increases in 2021 and 2022. The consistent growth trend highlights the resilience and expanding nature of the global textile export market, with countries like China, India, France, and Germany playing significant roles in this upward trajectory.

China: China’s exports have seen a growth rate of 4.7%, with export values rising from $3,358.9 million in 2016 to $4,436.4 million in 2022. This steady growth reaffirms China’s leading position in the global textile market, reflecting its strong manufacturing capabilities and competitive edge.

France: France has achieved an outstanding growth rate of 23.8%, with export values skyrocketing from $24.5 million in 2016 to $88.3 million in 2022. This remarkable growth highlights France’s increasing influence and expanding footprint in the global market for blankets and travelling rugs.

Germany: Germany’s exports have grown by 6.0%, with export values rising from $65.5 million in 2016 to $93.1 million in 2022. This consistent growth indicates Germany’s solid position in the textile export market, known for its high-quality products and reliable supply chain.

India’s Position:

The blankets and travelling rugs export market has experienced a commendable growth trajectory from $157.4 million in 2016 to $203.6 million in 2022. This steady increase indicates a market share of approximately 3.43% of the global export market in 2022, solidifying India's position as a significant player in this sector. Despite encountering various challenges, the resilience shown in this market highlights the potential for further expansion and enhanced competitiveness on the global stage.