South-Eastern Asia: Bed Linen Market 2023

Bed Linen Market Size in South-Eastern Asia

After two years of decline, the Southeast Asian bed linen market increased by 0.2% to $X in 2021. The total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.1% 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 -10.0% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Bed Linen Production in South-Eastern Asia

In value terms, bed linen production reached $X in 2021 estimated in export price. The total production indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -9.3% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 24%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Bed Linen Exports

Exports in South-Eastern Asia

In 2021, overseas shipments of bed linen increased by 9.8% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 30% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, bed linen exports rose markedly to $X in 2021. The total export value increased at an average annual rate of +1.9% 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 2020 with an increase of 31% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Vietnam (X tons) and Cambodia (X tons) dominates exports structure, together creating 80% of total exports. It was distantly followed by Malaysia (X tons) and Thailand (X tons), together generating an 11% share of total exports. The following exporters - the Philippines (X tons), Indonesia (X tons) and Singapore (X tons) - together made up 7.6% 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 Vietnam (with a CAGR of +11.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest bed linen supplying countries in South-Eastern Asia were Vietnam ($X), Cambodia ($X) and Thailand ($X), with a combined 86% share of total exports.

In terms of the main exporting countries, Vietnam, with a CAGR of +12.0%, recorded 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

The export price in South-Eastern Asia stood at $X per ton in 2021, picking up by 3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2017 an increase of 16%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+4.3%), while the other leaders experienced more modest paces of growth.

Bed Linen Imports

Imports in South-Eastern Asia

In 2021, overseas purchases of bed linen increased by 10% to X tons for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 25%. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, bed linen imports totaled $X in 2021. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 20% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Malaysia (X tons) and Thailand (X tons) prevails in imports structure, together achieving 74% of total imports. Singapore (X tons) ranks next in terms of the total imports with a 9.5% share, followed by Indonesia (5.2%). The following importers - Vietnam (X tons), the Philippines (X tons) and Myanmar (X tons) - together made up 9.8% of total imports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +9.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) constitutes the largest market for imported bed linen in South-Eastern Asia, comprising 53% of total imports. The second position in the ranking was taken by Singapore ($X), with a 16% share of total imports. It was followed by Thailand, with an 11% share.

In Malaysia, bed linen imports expanded at an average annual rate of +6.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Singapore (-5.5% per year) and Thailand (+4.1% per year).

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per ton, picking up by 3.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 58%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+33.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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