| Label | Foam | Flocked | Cotton |
|---|---|---|---|
| 2015 | 4.94 USD Mn | 3.69 USD Mn | 3 USD Mn |
| 2016 | 5.28 USD Mn | 3.98 USD Mn | 3.24 USD Mn |
| 2017 | 5.65 USD Mn | 4.29 USD Mn | 3.5 USD Mn |
| 2018 | 6.04 USD Mn | 4.62 USD Mn | 3.77 USD Mn |
| 2019 | 6.44 USD Mn | 4.96 USD Mn | 4.05 USD Mn |
| 2020 | 6.81 USD Mn | 5.29 USD Mn | 4.32 USD Mn |
| 2021 | 7.18 USD Mn | 5.62 USD Mn | 4.6 USD Mn |
| 2022 | 7.53 USD Mn | 5.94 USD Mn | 4.86 USD Mn |
| 2023 | 7.89 USD Mn | 6.27 USD Mn | 5.14 USD Mn |
Data Source: Wantstats Repository
foam segment accounted for the largest market share in 2017, this market is expected to reach USD 7.89 Million in 2023 from USD 5.65 Million in 2017. This market is projected to grow at a CAGR of 5.49% during the forecast period from 2018 - 2023. However, cotton segment is the fastest growing market, which is expected to grow at a CAGR of 6.40% during the forecast period 2018 - 2023.
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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