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Malaysia - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights
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Malaysia: Hat Market Overview 2020

Hat Market Size in Malaysia

The revenue of the hat market in Malaysia amounted to $X in 2018, dropping by -X% against the previous year. Overall, hat consumption continues to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Hat consumption peaked at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Hat Production in Malaysia

In value terms, hat production totaled $X in 2018 estimated in export prices. Over the period under review, hat production continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, hat production reached its maximum level at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Hat Exports

Exports from Malaysia

Hat exports from Malaysia stood at X units in 2018, going up by X% against the previous year. Overall, the total exports indicated a resilient increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hat exports increased by +X% against 2015 indices. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. Exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, hat exports amounted to $X in 2018. In general, hat exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, hat exports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

Australia (X units), Singapore (X units) and Indonesia (X units) were the main destinations of hat exports from Malaysia, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Australia, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hat exported from Malaysia were Singapore ($X), Australia ($X) and Japan ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Australia recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average hat export price amounted to $X per unit, going up by X% against the previous year. Overall, the hat export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per unit), while the average price for exports to Nigeria ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Singapore, while the prices for the other major destinations experienced more modest paces of growth.

Hat Imports

Imports into Malaysia

In 2018, the amount of hats and other headgear imported into Malaysia stood at X units, going up by X% against the previous year. Overall, hat imports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

In value terms, hat imports stood at $X in 2018. Over the period under review, hat imports continue to indicate outstanding growth. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, hat imports reached their maximum at $X in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X units) constituted the largest supplier of hat to Malaysia, with a X% share of total imports. Moreover, hat imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), more than tenfold. China, Hong Kong SAR (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and China, Hong Kong SAR (+X% per year).

In value terms, China ($X) constituted the largest supplier of hat to Malaysia, comprising X% of total hat imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of total imports. It was followed by Viet Nam, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China, Hong Kong SAR (+X% per year) and Viet Nam (+X% per year).

Import Prices by Country

The average hat import price stood at $X per unit in 2018, picking up by X% against the previous year. In general, the hat import price continues to indicate a mild expansion. The growth pace was the most rapid in 2008 an increase of X% year-to-year. In that year, the average import prices for hats and other headgear reached their peak level of $X per unit. From 2009 to 2018, the growth in terms of the average import prices for hats and other headgear remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Viet Nam ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 14194230 - Felt hats and other felt headgear, made from hat bodies or hoods and plateaux
• Prodcom 14194250 - Hats and other headgear, plaited or made by assembling strips of any material
• Prodcom 14194270 - Hats and other headgear, knitted or crocheted or made-up from lace, felt or other textile fabric in the piece (but not in strips), hair-nets of any material
• Prodcom 14194300 - Other headgear (except headgear of rubber or of plastics, s afety headgear and asbestos headgear), headbands, l inings, covers, hat foundations, hat frames, peaks and chinstraps, for headgear

This report provides an in-depth analysis of the hat market 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.


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:
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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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