Plastic Lavatory Seat Market

The article discusses the current and projected trends in the global market for plastic lavatory seats and covers. It highlights the forecasted growth in consumption, production, imports, and exports from 2022 to 2030. Key insights include the top consuming countries, production trends, import-export dynamics, and price variations among different countries. The data shows fluctuations in market performance over the years, with China leading in both consumption and production, while Germany and China are major players in exports.

Market Forecast

Driven by increasing demand for plastic lavatory seats and covers worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +4.4% for the period from 2022 to 2030, which is projected to bring the market volume to 948M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +6.1% for the period from 2022 to 2030, which is projected to bring the market value to $6.8B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Plastic Lavatory Seats And Covers

In 2022, consumption of plastic lavatory seats and covers decreased by -4.8% to 673M units for the first time since 2011, thus ending a ten-year rising trend. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +93.5% against 2012 indices. Global consumption peaked at 707M units in 2021, and then declined slightly in the following year.

The global plastic lavatory seat market value reached $4.2B in 2022, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a prominent expansion. Over the period under review, the global market reached the peak level at $4.6B in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Consumption By Country

The country with the largest volume of plastic lavatory seat consumption was China (175M units), comprising approx. 26% of total volume. Moreover, plastic lavatory seat consumption in China exceeded the figures recorded by the second-largest consumer, India (66M units), threefold. The third position in this ranking was taken by the United States (50M units), with a 7.5% share.

In China, plastic lavatory seat consumption increased at an average annual rate of +10.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+9.6% per year) and the United States (+5.4% per year).

In value terms, Japan ($1.2B) led the market, alone. The second position in the ranking was taken by China ($592M). It was followed by the United States.

In Japan, the plastic lavatory seat market expanded at an average annual rate of +9.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (+10.3% per year) and the United States (+8.5% per year).

The countries with the highest levels of plastic lavatory seat per capita consumption in 2022 were South Korea (308 units per 1000 persons), Germany (286 units per 1000 persons) and Japan (278 units per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Japan (with a CAGR of +11.6%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Plastic Lavatory Seats And Covers

In 2022, production of plastic lavatory seats and covers decreased by -5.4% to 683M units for the first time since 2011, thus ending a ten-year rising trend. Overall, the total production indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +81.1% against 2012 indices. The pace of growth was the most pronounced in 2017 with an increase of 20%. Over the period under review, global production attained the maximum volume at 722M units in 2021, and then shrank in the following year.

In value terms, plastic lavatory seat production reached $4.4B in 2022 estimated in export price. In general, production, however, showed strong growth. The growth pace was the most rapid in 2018 when the production volume increased by 41% against the previous year. Global production peaked at $6.1B in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Production By Country

China (292M units) remains the largest plastic lavatory seat producing country worldwide, accounting for 43% of total volume. Moreover, plastic lavatory seat production in China exceeded the figures recorded by the second-largest producer, India (65M units), fourfold. The third position in this ranking was held by the United States (38M units), with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China amounted to +6.1%. The remaining producing countries recorded the following average annual rates of production growth: India (+10.0% per year) and the United States (+5.8% per year).

Imports

World Imports of Plastic Lavatory Seats And Covers

In 2022, approx. 212M units of plastic lavatory seats and covers were imported worldwide; shrinking by -2.8% compared with the year before. The total import volume increased at an average annual rate of +4.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, imports reached the peak of 219M units, and then contracted slightly in the following year.

In value terms, plastic lavatory seat imports reduced modestly to $1.1B in 2022. In general, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.4% against 2014 indices. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of $1.1B, leveling off in the following year.

Imports By Country

In 2022, Germany (34M units), distantly followed by the UK (16M units), the United States (15M units) and France (9.8M units) were the key importers of plastic lavatory seats and covers, together generating 35% of total imports. The Netherlands (9.5M units), Italy (7.7M units), Poland (6M units), Thailand (5.8M units), Canada (4.9M units), Belgium (4.2M units), Spain (4.2M units), Mexico (4.2M units) and Chile (4M units) took a relatively small share of total imports.

Imports into Germany increased at an average annual rate of +5.9% from 2012 to 2022. At the same time, Chile (+15.1%), Italy (+11.4%), Thailand (+9.6%), the Netherlands (+9.5%), Spain (+6.2%), France (+5.8%), Belgium (+5.1%), the UK (+5.0%), Poland (+4.4%), Canada (+2.8%), Mexico (+2.6%) and the United States (+1.4%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in the world, with a CAGR of +15.1% from 2012-2022. While the share of Italy (+1.7 p.p.), Germany (+1.7 p.p.) and the Netherlands (+1.6 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of the United States (-2.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($184M), Germany ($156M) and the UK ($66M) appeared to be the countries with the highest levels of imports in 2022, with a combined 37% share of global imports. The Netherlands, France, Italy, Poland, Thailand, Canada, Spain, Belgium, Mexico and Chile lagged somewhat behind, together comprising a further 25%.

Italy, with a CAGR of +11.1%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average plastic lavatory seat import price stood at $5.2 per unit in 2022, surging by 2.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 11%. Global import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($12 per unit), while Chile ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.5%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Plastic Lavatory Seats And Covers

In 2022, after two years of growth, there was decline in overseas shipments of plastic lavatory seats and covers, when their volume decreased by -4.7% to 223M units. The total export volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 31%. Over the period under review, the global exports attained the maximum at 234M units in 2021, and then declined modestly in the following year.

In value terms, plastic lavatory seat exports dropped slightly to $1B in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $1.1B, and then dropped in the following year.

Exports By Country

China prevails in exports structure, accounting for 117M units, which was near 53% of total exports in 2022. Bulgaria (21M units) ranks second in terms of the total exports with a 9.6% share, followed by Germany (5.1%). The following exporters - Turkey (10M units), the Netherlands (6.5M units), Italy (4.4M units), Spain (4.1M units) and Austria (3.5M units) - together made up 13% of total exports.

Exports from China increased at an average annual rate of +2.1% from 2012 to 2022. At the same time, the Netherlands (+21.6%), Turkey (+8.5%), Bulgaria (+6.7%), Austria (+4.3%), Germany (+2.8%) and Spain (+2.5%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +21.6% from 2012-2022. By contrast, Italy (-3.1%) illustrated a downward trend over the same period. Bulgaria (+2.7 p.p.), the Netherlands (+2.3 p.p.) and Turkey (+1.8 p.p.) significantly strengthened its position in terms of the global exports, while Italy and China saw its share reduced by -1.7% and -5.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($441M) remains the largest plastic lavatory seat supplier worldwide, comprising 42% of global exports. The second position in the ranking was taken by Germany ($107M), with a 10% share of global exports. It was followed by Bulgaria, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value in China stood at +3.0%. In the other countries, the average annual rates were as follows: Germany (+0.4% per year) and Bulgaria (+8.0% per year).

Export Prices By Country

The average plastic lavatory seat export price stood at $4.7 per unit in 2022, picking up by 3.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 16%. As a result, the export price reached the peak level of $5.1 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($9.4 per unit), while Turkey ($3.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform