U.S. Textile Bag And Canvas Market. Analysis And Forecast to 2025
Update: COVID-19 Impact
Vietnam Continues Growing Its Share of Textile Bag And Canvas Exports Into the U.S.
The U.S. ranks first in imports of textile bags and canvas, accounting for a X% share of global imports (based on USD). It was followed by Japan (X%) and Germany (X%). In 2015, U.S. textile bag and canvas imports totaled X million USD, which was X million USD (X%) higher than the year before.
The U.S. textile bag and canvas imports showed steady growth from 2007 to 2015, with the exception of the X% drop of 2009. Imports displayed an annual increase of +X% throughout the analysed period.
Despite fierce competition, the U.S. continues to be one of the most attractive destinations for overseas suppliers.
China was the main supplier of textile bags and canvas into the U.S., accounting for a X% share of total U.S. imports in 2015. It was followed by Vietnam (X%), India (X%), Bangladesh (X%), and Mexico (X%). From 2007 to 2015, Vietnam (+X% per year) and Bangladesh (+X% per year) were the fastest growing suppliers. Vietnam strengthened its position in the U.S. import structure. By contrast, China saw its share reduced.
From 2007 to 2015, the U.S. was a net importer of textile bags and canvas. Net US imports of textile bags and canvas showed a downward trend over the period under review. In 2015, this industry ran a colossal trade deficit of X billion USD, which amounted to approximately X% of gross imports.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the market for textile bag and canvas in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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