Report Update: Nov 1, 2024

World - Braces, Suspenders And Garters - Market Analysis, Forecast, Size, Trends And Insights

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Braces and garters market

Braces and garters market: get access to the most recent info powered by an Ai-driven business intelligence platform. Data contain imports, market size, exports, production, companies, consumption, market prices, and trade. There is a split by region, including the Middle East, the U.S., Russia, EU, Latin America, China, the U.K., and Africa. Market insights and forecast to 2030 are also featured in the snapshots.

Braces and Garters - World's Largest Markets

Rating	Country
1	India
2	Japan
3	China
4	Pakistan
5	Indonesia

In value terms, India, Japan and China constituted the countries with the highest levels of market value in 2020, with a combined 28% share of the global market. Pakistan, Indonesia, the United States, Germany, Brazil, Mexico, Russia, Nigeria, Thailand and Italy lagged somewhat behind, together comprising a further 28%.

Indonesia recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while braces and garters market for the other global leaders experienced more modest paces of growth.

Braces And Garters Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
China	28807	19900	14345	-29.4%
Turkey	21310	25090	14607	-17.2%
United States	24462	24932	25663	2.4%
Hong Kong SAR	26303	34530	26552	0.5%
Thailand	31134	33609	27910	-5.3%
Italy	49256	32215	33504	-17.5%
Netherlands	38111	34615	35103	-4.0%
Bangladesh	39791	39742	42238	3.0%
Czech Republic	43076	44355	48901	6.5%
France	54393	51868	50225	-3.9%
Vietnam	41814	42725	53000	12.6%
Germany	42229	50866	67329	26.3%
Morocco	92296	87253	74813	-10.0%
Average	32751	38258	35796	4.5%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Morocco ($74,813 per ton), while China ($14,345 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Germany	47793	41925	42318	-5.9%
United Kingdom	34924	40100	41938	9.6%
France	50788	52180	38281	-13.2%
Sri Lanka	69486	37624	35997	-28.0%
Japan	36447	36138	35847	-0.8%
Netherlands	31098	29637	26043	-8.5%
Thailand	32363	33996	25224	-11.7%
South Korea	30801	23947	23364	-12.9%
United States	25745	20364	17182	-18.3%
Indonesia	19770	17250	13667	-16.9%
Canada	28201	19366	10317	-39.5%
Saudi Arabia	n/a	8178	4200	0.0%
Average	35240	32205	28275	-10.4%

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($42,318 per ton), while Saudi Arabia ($4,200 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the other global leaders experienced a decline in the import price figures.

Braces and Garters - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Japan	304	227	212	-16.6%
United States	136	144	101	-13.9%
Germany	73	70	64	-5.7%
Thailand	40	45	38	-3.1%
France	34	36	34	-0.8%

In value terms, Japan ($212M) constitutes the largest market for imported braces, suspenders and garters worldwide, comprising 26% of global imports. The second position in the ranking was occupied by the United States ($101M), with a 12% share of global imports. It was followed by Germany, with a 7.8% share.

From 2018 to 2020, the average annual growth rate of value in Japan totaled -16.6%. In the other countries, the average annual rates were as follows: the United States (-13.9% per year) and Germany (-5.7% per year).

Braces and Garters - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Morocco	21	31	65	74.6%
Hong Kong SAR	38	60	43	6.0%
China	594	43	38	-74.5%
Germany	45	36	35	-11.3%
United States	16	14	33	45.1%

In value terms, the largest braces and garters supplying countries worldwide were Morocco ($65M), Hong Kong SAR ($43M) and China ($39M), together accounting for 29% of global exports. Germany, the United States, the Netherlands, Italy, the Czech Republic, France, Vietnam, Bangladesh, Thailand and Turkey lagged somewhat behind, together comprising a further 37%.

The Netherlands (+132.5% per year) recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Braces and Garters - Market Forecast

Driven by rising demand for braces and garters worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Braces and Garters - Product Coverage

HS 621290 - Braces, suspenders, garters and similar articles; whether or not knitted or crocheted, n.e.s. in heading no. 6212

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global braces and garters market. 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 14142570 - Braces, suspenders, garters and similar articles and parts thereof

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023