India: Bedspread Market 2024

Bedspread Market Size in India

In 2023, the Indian bedspread market decreased by X% to $X for the first time since 2016, thus ending a six-year rising trend. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Bedspread consumption peaked at $X in 2022, and then declined significantly in the following year.

Bedspread Production in India

In value terms, bedspread production dropped slightly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

Bedspread Exports

Exports from India

In 2023, overseas shipments of bedspreads (excluding eiderdowns) increased by X% to X units for the first time since 2019, thus ending a three-year declining trend. Overall, total exports indicated notable growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at X units in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, bedspread exports skyrocketed to $X in 2023. In general, total exports indicated slight growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for bedspread exports from India, with a X% share of total exports. Moreover, bedspread exports to the United States exceeded the volume sent to the second major destination, Canada (X units), more than tenfold. The UK (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the UK (X% per year).

In value terms, the United States ($X) remains the key foreign market for bedspreads (excluding eiderdowns) exports from India, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the UK (X% per year).

Export Prices by Country

The average bedspread export price stood at $X per unit in 2023, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked at $X per unit in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and Canada ($X per unit), while the average price for exports to Israel ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Bedspread Imports

Imports into India

Bedspread imports into India declined rapidly to X units in 2023, falling by X% on the previous year's figure. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2023, the growth of imports remained at a lower figure.

In value terms, bedspread imports contracted notably to $X in 2023. Over the period under review, imports continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, China (X units) was the main bedspread supplier to India, with a X% share of total imports. It was followed by the United States (X units), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of bedspreads (excluding eiderdowns) to India, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from China totaled X%.

Import Prices by Country

In 2023, the average bedspread import price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price saw a slight curtailment. The growth pace was the most rapid in 2022 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($X per unit), while the price for the United States stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform