ASEAN - Quilted Textile Products in the Piece (Excluding Embroidery) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingASEAN: Quilted Textile Products Market 2024
Quilted Textile Products Market Size in ASEAN
In 2021, the ASEAN quilted textile products market decreased by -0.2% to $X, falling for the second year in a row after six years of growth. In general, consumption posted resilient growth. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.
Quilted Textile Products Production in ASEAN
In value terms, quilted textile products production stood at $X in 2021 estimated in export price. In general, production recorded a prominent expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by 35% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.
Quilted Textile Products Exports
Exports in ASEAN
In 2021, overseas shipments of quilted textile products in the piece (excluding embroidery) were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports posted resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by 140%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.
In value terms, quilted textile products exports soared to $X in 2021. Overall, exports showed a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of 77% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Malaysia was the main exporting country with an export of about X tons, which accounted for 60% of total exports. It was distantly followed by Thailand (X tons) and Vietnam (X tons), together generating a 35% share of total exports. The following exporters - Lao People's Democratic Republic (X tons) and Myanmar (X tons) - each amounted to a 3.5% share of total exports.
Exports from Malaysia increased at an average annual rate of +6.7% from 2012 to 2021. At the same time, Lao People's Democratic Republic (+233.7%), Myanmar (+24.7%), Vietnam (+20.7%) and Thailand (+9.6%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +233.7% from 2012-2021. While the share of Vietnam (+7 p.p.), Thailand (+6.1 p.p.), Malaysia (+2.5 p.p.) and Lao People's Democratic Republic (+1.9 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Malaysia ($X) remains the largest quilted textile products supplier in ASEAN, comprising 66% of total exports. The second position in the ranking was held by Thailand ($X), with an 18% share of total exports. It was followed by Vietnam, with an 11% share.
In Malaysia, quilted textile products exports increased at an average annual rate of +11.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+5.9% per year) and Vietnam (+27.4% per year).
Export Prices by Country
In 2021, the export price in ASEAN amounted to $X per ton, shrinking by -20% against the previous year. Export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the export price increased by 31% against the previous year. The level of export peaked at $X per ton in 2020, and then dropped sharply in the following year.
Prices varied noticeably country of origin: the country with the highest price was Malaysia ($X per ton), while Myanmar ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+12.5%), while the other leaders experienced more modest paces of growth.
Quilted Textile Products Imports
Imports in ASEAN
In 2021, quilted textile products imports in ASEAN contracted to X tons, which is down by -8.1% against 2020. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 40%. 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, quilted textile products imports rose significantly to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 39% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2021, Vietnam (X tons), distantly followed by Thailand (X tons), Singapore (X tons), Indonesia (X tons) and Malaysia (X tons) represented the major importers of quilted textile products in the piece (excluding embroidery), together creating 92% of total imports. The following importers - the Philippines (X tons) and Cambodia (X tons) - each recorded a 6.5% share of total imports.
From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of +69.5%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Vietnam ($X), Thailand ($X) and Singapore ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 77% of total imports. Indonesia, Malaysia, the Philippines and Cambodia lagged somewhat behind, together comprising a further 20%.
Among the main importing countries, the Philippines, with a CAGR of +52.0%, recorded the highest growth rate of 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
In 2021, the import price in ASEAN amounted to $X per ton, with an increase of 15% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Thailand ($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 Thailand (+4.3%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the quilted textile products market in ASEAN. 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 13991600 - Quilted textile products in the piece (excluding embroidery)
Country coverage:
- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
- Lao People's Democratic Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ASEAN, split by region and country
- Trade (exports and imports) in ASEAN
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
-
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
- Vietnam
- Lao People's Democratic Republic
-
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
-
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
Recommended reports
This report provides an in-depth analysis of the quilted textile products market in Asia.
This report provides an in-depth analysis of the global quilted textile products market.
This report provides an in-depth analysis of the quilted textile products market in the EU.
This report provides an in-depth analysis of the quilted textile products market in the U.S..
This report provides an in-depth analysis of the quilted textile products market in China.