Report Update: May 1, 2024

Malaysia - Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Bedding and Furnishing Article in Malaysia - 2021

Price for Bedding and Furnishing Article in Malaysia (CIF) - 2021

The average bedding and furnishing article import price stood at $3,177 per ton in December 2021, falling by -14% against the previous month. Overall, the import price continues to indicate a mild setback. The growth pace was the most rapid in November 2021 when the average import price increased by 48% against the previous month. The import price peaked at $4,431 per ton in January 2021; however, from February 2021 to December 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was India ($6,961 per ton), while the price for Thailand ($1,668 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by India (+2.0%), while the prices for the other major suppliers experienced a decline.

Price for Bedding and Furnishing Article in Malaysia (FOB) - 2021

In December 2021, the average bedding and furnishing article export price amounted to $5,708 per ton, dropping by -17.2% against the previous month. In general, the export price continues to indicate a slight reduction. The most prominent rate of growth was recorded in November 2021 an increase of 87% month-to-month. The export price peaked at $9,224 per ton in February 2021; however, from March 2021 to December 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was the United States ($19,942 per ton), while the average price for exports to Myanmar ($736 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedding and Furnishing Article in Malaysia

In 2022, the amount of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) imported into Malaysia shrank remarkably to 11K tons, dropping by -19.2% compared with 2021 figures. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 64% against the previous year. As a result, imports attained the peak of 13K tons, and then contracted rapidly in the following year.

In value terms, bedding and furnishing article imports dropped to $44M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year. As a result, imports reached the peak of $47M, and then reduced in the following year.

Import of Bedding and Furnishing Article in Malaysia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	35.4	34.7	37.9	38.0	2.4%
Thailand	1.4	2.2	3.0	2.5	21.3%
India	2.2	2.3	2.6	1.1	-20.6%
Others	3.8	2.6	3.2	2.6	-11.9%
Total	42.8	41.8	46.6	44.2	1.1%

Top Suppliers of Bedding and Furnishing Article to Malaysia in 2022:

China (9.2K tons)
Thailand (1.1K tons)
India (0.2K tons)

Exports of Bedding and Furnishing Article in Malaysia

Bedding and furnishing article exports from Malaysia fell to 1.7K tons in 2022, with a decrease of -15% on the previous year. In general, exports showed a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of 2K tons, and then fell in the following year.

In value terms, bedding and furnishing article exports declined to $11M in 2022. Overall, exports recorded a slight curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 40%. As a result, the exports attained the peak of $13M, and then contracted in the following year.

Export of Bedding and Furnishing Article in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	567	1,995	4,278	3,596	85.1%
Singapore	1,578	1,722	2,722	2,285	13.1%
Vietnam	992	407	625	572	-16.8%
Thailand	264	323	673	566	28.9%
Australia	1,117	435	326	489	-24.1%
Philippines	254	340	442	396	16.0%
Cambodia	457	437	414	375	-6.4%
Brunei Darussalam	72.5	141	150	369	72.0%
Japan	931	860	567	247	-35.7%
United States	303	485	424	235	-8.1%
China	2,875	476	288	180	-60.3%
Hong Kong SAR	254	214	280	151	-15.9%
Indonesia	274	80.7	162	145	-19.1%
Others	1,821	1,520	1,866	1,721	-1.9%
Total	11,761	9,435	13,217	11,326	-1.2%

Top Export Markets for Bedding and Furnishing Article from Malaysia in 2022:

Taiwan (Chinese) (794.4 tons)
Singapore (296.3 tons)
Vietnam (75.6 tons)
Thailand (64.5 tons)
Brunei Darussalam (53.0 tons)
United States (50.0 tons)
Cambodia (49.0 tons)
Australia (41.7 tons)
Philippines (33.8 tons)
China (26.4 tons)
Indonesia (21.4 tons)
Hong Kong SAR (19.4 tons)
Japan (18.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for bedding and furnishing article in Malaysia. 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 2030.

Product coverage:

Prodcom 13922493 - Articles of bedding of feathers or down (including quilts and eiderdowns, cushions, pouffes, pillows) (excluding mattresses, sleeping bags)
Prodcom 13922499 - Articles of bedding filled other than with feathers or down (including quilts and eiderdowns, cushions, pouffes, pillows) (excluding mattresses, sleeping bags)

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023