Asia: Book Cover Market 2025

Book Cover Market Size in Asia

The Asian book cover market shrank to $X in 2022, reducing by -6.2% against the previous year. Overall, consumption continues to indicate a deep slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Book Cover Production in Asia

In value terms, book cover production shrank modestly to $X in 2022 estimated in export price. In general, production showed a abrupt decrease. The pace of growth was the most pronounced in 2018 when the production volume increased by 18% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Book Cover Exports

Exports in Asia

In 2022, overseas shipments of blotting pads and book covers increased by 5.1% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, continue to indicate a slight descent. The growth pace was the most rapid in 2015 with an increase of 53% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, book cover exports amounted to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

China prevails in exports structure, reaching X tons, which was near 66% of total exports in 2022. India (X tons) took the second position in the ranking, followed by Malaysia (X tons). All these countries together took approx. 16% share of total exports. The following exporters - Indonesia (X tons), South Korea (X tons), the United Arab Emirates (X tons) and Turkey (X tons) - together made up 12% of total exports.

Exports from China decreased at an average annual rate of -1.2% from 2012 to 2022. At the same time, South Korea (+9.8%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia, with a CAGR of +9.8% from 2012-2022. Malaysia experienced a relatively flat trend pattern. By contrast, India (-1.3%), the United Arab Emirates (-2.4%), Indonesia (-2.8%) and Turkey (-2.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and South Korea increased by +3.9 and +2.2 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest book cover supplier in Asia, comprising 72% of total exports. The second position in the ranking was taken by India ($X), with a 6.1% share of total exports. It was followed by South Korea, with a 4.5% share.

In China, book cover exports expanded at an average annual rate of +2.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+2.7% per year) and South Korea (-0.0% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, surging by 9.2% against the previous year. Export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, book cover export price increased by +63.5% against 2017 indices. The growth pace was the most rapid in 2019 an increase of 24%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain 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 South Korea ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.1%), while the other leaders experienced mixed trends in the export price figures.

Book Cover Imports

Imports in Asia

In 2022, supplies from abroad of blotting pads and book covers increased by 17% to X tons, rising for the second year in a row after three years of decline. In general, imports, however, continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2017 with an increase of 46%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, book cover imports rose sharply to $X in 2022. Over the period under review, imports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2017 when imports increased by 14% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kyrgyzstan (X tons) and Singapore (X tons) represented the major importers of blotting pads and book covers in Asia, together accounting for approx. 29% of total imports. Thailand (X tons) took the next position in the ranking, followed by Japan (X tons) and Armenia (X tons). All these countries together held near 21% share of total imports. India (X tons), Kazakhstan (X tons), Indonesia (X tons), Malaysia (X tons), Oman (X tons), Iraq (X tons), Timor-Leste (X tons) and Vietnam (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +28.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest book cover importing markets in Asia were Japan ($X), Kyrgyzstan ($X) and Vietnam ($X), with a combined 26% share of total imports. Singapore, Thailand, Armenia, Kazakhstan, Indonesia, Malaysia, Iraq, India, Oman and Timor-Leste lagged somewhat behind, together accounting for a further 36%.

In terms of the main importing countries, Armenia, with a CAGR of +30.5%, saw 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 2022, the import price in Asia amounted to $X per ton, falling by -7.3% against the previous year. Over the period under review, the import price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 an increase of 23% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Vietnam ($X per ton), while Timor-Leste ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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