South-Eastern Asia - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth-Eastern Asia: Household Sewing Machine Market 2024
Household Sewing Machine Market Size in South-Eastern Asia
The Southeast Asian household sewing machine market fell dramatically to $X in 2023, declining by X% against the previous year. In general, consumption, however, saw a resilient expansion. As a result, consumption attained the peak level of $X, and then shrank rapidly in the following year.
Household Sewing Machine Production in South-Eastern Asia
In value terms, household sewing machine production shrank modestly to $X in 2023 estimated in export price. The total production indicated a strong increase from 2012 to 2023: its value 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 2023 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2023, production growth failed to regain momentum.
Household Sewing Machine Exports
Exports in South-Eastern Asia
In 2023, after two years of decline, there was significant growth in overseas shipments of household sewing machines, when their volume increased by X% to X units. Total exports indicated a tangible expansion from 2012 to 2023: 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 2023 figures, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports reached the peak of X units. From 2021 to 2023, the growth of the exports failed to regain momentum.
In value terms, household sewing machine exports rose markedly to $X in 2023. In general, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Vietnam represented the key exporting country with an export of around X units, which resulted at X% of total exports. It was distantly followed by Thailand (X units), making up an X% share of total exports.
Vietnam was also the fastest-growing in terms of the household sewing machines exports, with a CAGR of X% from 2012 to 2023. Thailand (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Thailand (X p.p.) displayed negative dynamics.
In value terms, Vietnam ($X) remains the largest household sewing machine supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports.
In Vietnam, household sewing machine exports expanded at an average annual rate of X% over the period from 2012-2023.
Export Prices by Country
The export price in South-Eastern Asia stood at $X per unit in 2023, shrinking by X% against the previous year. Export price indicated a noticeable increase from 2012 to 2023: its price 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 2023 figures, household sewing machine export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Vietnam stood at $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%).
Household Sewing Machine Imports
Imports in South-Eastern Asia
For the sixth consecutive year, South-Eastern Asia recorded decline in purchases abroad of household sewing machines, which decreased by X% to X units in 2023. Over the period under review, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of X units. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, household sewing machine imports fell dramatically to $X in 2023. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports remained at a lower figure.
Imports by Country
The purchases of the four major importers of household sewing machines, namely Myanmar, Indonesia, Thailand and the Philippines, represented more than two-thirds of total import. It was distantly followed by Singapore (X units), Cambodia (X units) and Malaysia (X units), together constituting a X% share of total imports.
From 2012 to 2023, the biggest increases were recorded for the Philippines (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Indonesia ($X) constitutes the largest market for imported household sewing machines in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Myanmar, with an X% share.
From 2012 to 2023, the average annual growth rate of value in Indonesia was relatively modest. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Myanmar (X% per year).
Import Prices by Country
In 2023, the import price in South-Eastern Asia amounted to $X per unit, reducing by X% against the previous year. Overall, the import price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Indonesia ($X per unit), while Myanmar ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the household sewing machine market in South-Eastern 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 28944000 - Domestic sewing machines (excluding furniture, bases and covers)
Country coverage:
- Brunei Darussalam
- Cambodia
- Indonesia
- Lao People's Democratic Republic
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Timor-Leste
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in South-Eastern Asia, split by region and country
- Trade (exports and imports) in South-Eastern 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Timor-Leste
- Vietnam
- Lao People's Democratic Republic
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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