Report Bangladesh - Furnishing Articles for Car Seats - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Bangladesh - Furnishing Articles for Car Seats - Market Analysis, Forecast, Size, Trends and Insights
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Bangladesh: Cushion Cover Market 2022

Cushion Cover Market Size in Bangladesh

The Bangladeshi cushion cover market shrank to $X in 2021, which is down by -8.6% against the previous year. Over the period under review, consumption continues to indicate a abrupt slump. Cushion cover consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Cushion Cover Production in Bangladesh

In value terms, cushion cover production declined to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt slump. The pace of growth appeared the most rapid in 2014 when the production volume increased by 29% against the previous year. Cushion cover production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Cushion Cover Exports

Exports from Bangladesh

In 2021, approx. X tons of furnishing articles for car seats were exported from Bangladesh; with an increase of 27% against the previous year's figure. Over the period under review, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 84% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, cushion cover exports skyrocketed to $X in 2021. In general, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 90%. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons), the United States (X tons) and Poland (X tons) were the main destinations of cushion cover exports from Bangladesh, with a combined 44% share of total exports. These countries were followed by Canada, the United Arab Emirates, Sweden, Italy, the Netherlands, India, the UK, Spain, China and Russia, which together accounted for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +142.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and the United States ($X) constituted the largest markets for cushion cover exported from Bangladesh worldwide, with a combined 58% share of total exports. These countries were followed by Sweden, the Netherlands, India, Spain, Italy, the UK, the United Arab Emirates, China, Canada and Russia, which together accounted for a further 27%.

Among the main countries of destination, the Netherlands, with a CAGR of +114.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cushion cover export price amounted to $X per ton, almost unchanged from the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2017 an increase of 28%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cushion Cover Imports

Imports into Bangladesh

In 2021, overseas purchases of furnishing articles for car seats were finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. Over the period under review, imports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 26%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, cushion cover imports amounted to $X in 2021. In general, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of 41% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest cushion cover supplier to Bangladesh, with a 69% share of total imports. Moreover, cushion cover imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by Thailand (X tons), with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-7.7% per year) and Thailand (-15.1% per year).

In value terms, the largest cushion cover suppliers to Bangladesh were China ($X), India ($X) and Thailand ($X), with a combined 98% share of total imports.

In terms of the main suppliers, China, with a CAGR of -4.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average cushion cover import price amounted to $X per ton, increasing by 5.8% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cushion cover import price increased by +59.3% against 2018 indices. The pace of growth appeared the most rapid in 2020 an increase of 37%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see gradual growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+30.8%), while the prices for the other major suppliers 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 furnishing articles for car seats in the world?
+
The country with the largest volume of cushion cover consumption was China, accounting for 19% of total volume. Moreover, cushion cover consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6.1% share.
What are the largest producers of furnishing articles for car seats in the world?
+
China remains the largest cushion cover producing country worldwide, comprising approx. 28% of total volume. Moreover, cushion cover production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was held by Russia, with a 3.8% share.
What are the leading suppliers of furnishing articles for car seats to Bangladesh?
+
In value terms, China, India and Thailand appeared to be the largest cushion cover suppliers to Bangladesh, together comprising 98% of total imports.
What are the leading importers of furnishing articles for car seats from Bangladesh?
+
In value terms, the largest markets for cushion cover exported from Bangladesh were Germany, Poland and the United States, together comprising 58% of total exports. Sweden, the Netherlands, India, Spain, Italy, the UK, the United Arab Emirates, China, Canada and Russia lagged somewhat behind, together accounting for a further 27%.
What is the average export price for furnishing articles for car seats in Bangladesh?
+
In 2021, the average cushion cover export price amounted to $12,390 per ton, stabilizing at the previous year.
What is the average import price for furnishing articles for car seats in Bangladesh?
+
The average cushion cover import price stood at $11,021 per ton in 2021, surging by 5.8% against the previous year.

This report provides an in-depth analysis of the cushion cover market in Bangladesh. 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 13921660 - Furnishing articles including furniture and cushion covers as well as cushion covers, etc. for car seats (excluding blankets, t ravelling rugs, bed linen, table linen, toilet linen, kitchen linen, curtains, blinds, valances and bedspreads)
Country coverage:
• Bangladesh

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Bangladesh
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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