Asia: Bed Linen Market 2023

Bed Linen Market Size in Asia

In 2021, the Asian bed linen market decreased by -11.8% to $X, falling for the second consecutive year after eight years of growth. The total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -17.0% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Bed Linen Production in Asia

In value terms, bed linen production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 8.3%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Bed Linen Exports

Exports in Asia

In 2021, approx. X tons of bed linen were exported in Asia; rising by 36% compared with the previous year's figure. Total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, bed linen exports surged to $X in 2021. The total export value increased at an average annual rate of +4.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the key exporter of bed linen in Asia, with the volume of exports recording X tons, which was near 51% of total exports in 2021. Pakistan (X tons) took a 33% share (based on physical terms) of total exports, which put it in second place, followed by India (6.6%) and Turkey (5%). Bangladesh (X tons) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Pakistan (with a CAGR of +8.5%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Pakistan ($X) and India ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 88% of total exports.

India, with a CAGR of +9.2%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, increasing by 1.8% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the export price increased by 9.7% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.1%), while the other leaders experienced mixed trends in the export price figures.

Bed Linen Imports

Imports in Asia

In 2021, after three years of decline, there was significant growth in overseas purchases of bed linen, when their volume increased by 15% to X tons. In general, imports recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, bed linen imports soared to $X in 2021. The total import value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan was the largest importing country with an import of about X tons, which resulted at 29% of total imports. The United Arab Emirates (X tons) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (7.9%), Israel (7.1%), Iraq (5.4%), South Korea (5.1%) and Kazakhstan (5%). Hong Kong SAR (X tons), Taiwan (Chinese) (X tons), Thailand (X tons), Singapore (X tons) and Kuwait (X tons) took a little share of total imports.

Japan experienced a relatively flat trend pattern with regard to volume of imports of bed linen. At the same time, South Korea (+18.0%), Israel (+11.1%), Iraq (+7.3%), Kuwait (+5.7%), Taiwan (Chinese) (+5.7%), Malaysia (+3.7%) and Kazakhstan (+3.1%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Asia, with a CAGR of +18.0% from 2012-2021. Hong Kong SAR experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-1.3%), Singapore (-2.6%) and Thailand (-3.2%) illustrated a downward trend over the same period. Israel (+4.1 p.p.), South Korea (+3.8 p.p.), Iraq (+2.3 p.p.) and Malaysia (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates and Japan saw its share reduced by -2.5% and -2.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported bed linen in Asia, comprising 32% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 9.6% share of total imports. It was followed by Israel, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value in Japan was relatively modest. In the other countries, the average annual rates were as follows: the United Arab Emirates (-1.4% per year) and Israel (+13.7% per year).

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, surging by 7.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 9.2% against the previous year. Over the period under review, import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Hong Kong SAR ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+7.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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