ASEAN: Pantyhose Market 2025

Pantyhose Market Size in ASEAN

The ASEAN pantyhose market shrank to $X in 2022, dropping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Pantyhose Production in ASEAN

In value terms, pantyhose production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Pantyhose Exports

Exports in ASEAN

In 2022, overseas shipments of pantyhose and tights decreased by X% to X pairs, falling for the fifth consecutive year after two years of growth. Overall, exports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X pairs. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, pantyhose exports rose notably to $X in 2022. Over the period under review, exports, however, posted a notable expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Vietnam (X pairs), distantly followed by Cambodia (X pairs), the Philippines (X pairs), Indonesia (X pairs), Thailand (X pairs) and Myanmar (X pairs) represented the key exporters of pantyhose and tights, together creating X% of total exports. Malaysia (X pairs) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) emerged as the largest pantyhose supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by the Philippines ($X), with a X% share of total exports. It was followed by Cambodia, with a X% share.

In Vietnam, pantyhose exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Philippines (X% per year) and Cambodia (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per pair in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per pair), while Cambodia ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Pantyhose Imports

Imports in ASEAN

In 2022, after three years of decline, there was significant growth in purchases abroad of pantyhose and tights, when their volume increased by X% to X pairs. In general, imports posted a modest increase. Over the period under review, imports reached the peak figure at X pairs in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, pantyhose imports soared to $X in 2022. Over the period under review, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Vietnam represented the main importing country with an import of around X pairs, which finished at X% of total imports. Thailand (X pairs) held the second position in the ranking, followed by Malaysia (X pairs), Indonesia (X pairs) and Singapore (X pairs). All these countries together held approx. X% share of total imports. The following importers - the Philippines (X pairs) and Myanmar (X pairs) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to pantyhose imports into Vietnam stood at X%. At the same time, Myanmar (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. By contrast, Malaysia (X%), the Philippines (X%) and Thailand (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.), Indonesia (X p.p.), the Philippines (X p.p.) and Myanmar (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Singapore (X p.p.), Malaysia (X p.p.) and Thailand (X p.p.) displayed negative dynamics.

In value terms, the largest pantyhose importing markets in ASEAN were Vietnam ($X), Malaysia ($X) and Singapore ($X), with a combined X% share of total imports.

In terms of the main importing countries, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per pair in 2022, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per pair, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per pair), while Myanmar ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform