Report Asia - Seats Convertible Into Beds - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Oct 21, 2022

Asia - Seats Convertible Into Beds - Market Analysis, Forecast, Size, Trends and Insights

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Asia: Bed-Convertible Seat Market 2022

Bed-Convertible Seat Market Size in Asia

In 2021, after two years of growth, there was decline in the Asian bed-convertible seat market, when its value decreased by -4.4% to $X. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020, and then contracted in the following year.

Bed-Convertible Seat Production in Asia

In value terms, bed-convertible seat production dropped modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 15% against the previous year. The level of production peaked at $X in 2020, and then contracted in the following year.

Bed-Convertible Seat Exports

Exports in Asia

In 2021, bed-convertible seat exports in Asia amounted to X units, increasing by 10% compared with 2020 figures. Total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +114.5% against 2016 indices. The pace of growth was the most pronounced in 2018 when exports increased by 36% against the previous year. The volume of export peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, bed-convertible seat exports stood at $X in 2021. Total exports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +63.6% against 2017 indices. The growth pace was the most rapid in 2020 with an increase of 26% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Exports by Country

China represented the major exporter of seats convertible into beds in Asia, with the volume of exports amounting to X units, which was approx. 78% of total exports in 2021. Turkey (1,060K units) held a 12% share (based on physical terms) of total exports, which put it in second place, followed by Vietnam (5.7%). Thailand (229K units) and India (164K units) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to bed-convertible seat exports from China stood at +4.3%. At the same time, India (+61.5%), Vietnam (+46.6%), Thailand (+27.4%) and Turkey (+4.3%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of +61.5% from 2012-2021. From 2012 to 2021, the share of Vietnam, Thailand and India increased by +5.4, +2.1 and +1.8 percentage points, respectively. China (-5.8 p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest bed-convertible seat supplier in Asia, comprising 69% of total exports. The second position in the ranking was taken by Turkey ($X), with an 18% share of total exports. It was followed by Vietnam, with a 7.7% share.

In China, bed-convertible seat exports increased at an average annual rate of +2.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Turkey (+2.7% per year) and Vietnam (+32.4% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2021, approximately reflecting the previous year. Overall, the export price, however, recorded a mild descent. The pace of growth was the most pronounced in 2016 when the export price increased by 14%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+2.5%), while the other leaders experienced a decline in the export price figures.

Bed-Convertible Seat Imports

Imports in Asia

In 2021, the amount of seats convertible into beds imported in Asia soared to X units, with an increase of 19% compared with the previous year's figure. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 21%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, bed-convertible seat imports rose notably to $X in 2021. In general, imports, however, showed a mild decrease. The most prominent rate of growth was recorded in 2018 with an increase of 20%. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of bed-convertible seat imports in 2021 were the Philippines (310K units), Thailand (294K units) and Japan (278K units), together amounting to 51% of total import. It was distantly followed by South Korea (174K units) and Iraq (94K units), together constituting a 16% share of total imports. The United Arab Emirates (70K units), Kazakhstan (63K units), Israel (55K units), Turkey (46K units), Qatar (39K units), Indonesia (38K units), Malaysia (36K units) and Georgia (35K units) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Philippines (with a CAGR of +47.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Iraq ($X) and South Korea ($X) were the countries with the highest levels of imports in 2021, with a combined 42% share of total imports. Kazakhstan, the United Arab Emirates, Israel, Thailand, Turkey, Qatar, Indonesia, the Philippines, Malaysia and Georgia lagged somewhat behind, together accounting for a further 34%.

The Philippines, with a CAGR of +33.9%, 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 leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia amounted to $X per unit, with a decrease of -8.4% against the previous year. Over the period under review, the import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2016 an increase of 7%. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Iraq ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+10.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for seats convertible into beds in Asia?
+
China constituted the country with the largest volume of bed-convertible seat consumption, comprising approx. 53% of total volume. Moreover, bed-convertible seat consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was taken by Thailand, with a 4.1% share.
What are the largest producers of seats convertible into beds in Asia?
+
China remains the largest bed-convertible seat producing country in Asia, comprising approx. 60% of total volume. Moreover, bed-convertible seat production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was taken by Turkey, with a 4.6% share.
What are the leading exporters of seats convertible into beds in Asia?
+
In value terms, China remains the largest bed-convertible seat supplier in Asia, comprising 69% of total exports. The second position in the ranking was held by Turkey, with an 18% share of total exports. It was followed by Vietnam, with a 7.7% share.
What are the leading importers of seats convertible into beds in Asia?
+
In value terms, Japan, Iraq and South Korea were the countries with the highest levels of imports in 2021, with a combined 42% share of total imports. These countries were followed by Kazakhstan, the United Arab Emirates, Israel, Thailand, Turkey, Qatar, Indonesia, the Philippines, Malaysia and Georgia, which together accounted for a further 34%.
What is the average export price for seats convertible into beds in Asia?
+
In 2021, the export price in Asia amounted to $110 per unit, therefore, remained relatively stable against the previous year.
What is the average import price for seats convertible into beds in Asia?
+
The import price in Asia stood at $125 per unit in 2021, reducing by -8.4% against the previous year.

This report provides an in-depth analysis of the bed-convertible seat market in Asia. 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 31001210 - Seats convertible into beds (excluding garden seats or camping equipment)
Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Vietnam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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