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Report Asia-Pacific - Glass Rear-View Mirrors for Vehicles - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Asia-Pacific - Glass Rear-View Mirrors for Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Market for Glass Rear-View Mirrors For Vehicles 2024

Market Size for Glass Rear-View Mirrors For Vehicles in Asia-Pacific

The Asia-Pacific glass rear-view vehicle mirror market reduced to $X in 2022, with a decrease of -9.2% against the previous year. Over the period under review, consumption, however, showed a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2021, and then fell in the following year.

Production of Glass Rear-View Mirrors For Vehicles in Asia-Pacific

In value terms, glass rear-view vehicle mirror production surged to $X in 2022 estimated in export price. Overall, production, however, enjoyed a significant increase. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Glass Rear-View Mirrors For Vehicles

Exports by Country

China was the main exporter of glass rear-view mirrors for vehicles in Asia-Pacific, with the volume of exports recording X units, which was near 48% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X units), South Korea (X units), Japan (X units) and Thailand (X units), together mixing up a 46% share of total exports. Australia (X units) and India (X units) held a relatively small share of total exports.

From 2020 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Australia (with a CAGR of +81.1%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest glass rear-view vehicle mirror supplier in Asia-Pacific, comprising 52% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 22% share of total exports. It was followed by South Korea, with a 7.9% share.

In China, glass rear-view vehicle mirror exports expanded at an average annual rate of +22.8% over the period from 2020-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (+6.4% per year) and South Korea (+2.9% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, rising by 13% against the previous year. Over the last two years, it increased at an average annual rate of +7.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in China ($X per unit) and Japan ($X per unit), while South Korea ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.8%), while the other leaders experienced more modest paces of growth.

Imports of Glass Rear-View Mirrors For Vehicles

Imports in Asia-Pacific

After four years of growth, overseas purchases of glass rear-view mirrors for vehicles decreased by -12.3% to X units in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 110%. Over the period under review, imports attained the maximum at X units in 2021, and then fell in the following year.

In value terms, glass rear-view vehicle mirror imports declined slightly to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.2% against 2012 indices. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $X, and then fell modestly in the following year.

Imports by Country

In 2022, China (X units) was the largest importer of glass rear-view mirrors for vehicles, mixing up 43% of total imports. It was distantly followed by Japan (X units) and South Korea (X units), together making up a 36% share of total imports. The following importers - Thailand (X units), India (X units), Australia (X units), Vietnam (X units) and Indonesia (X units) - together made up 16% of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +33.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 78% of total imports. Indonesia, India, Thailand, Australia and Vietnam lagged somewhat behind, together comprising a further 18%.

Vietnam, with a CAGR of +16.0%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 Asia-Pacific stood at $X per unit in 2022, rising by 8.8% against the previous year. Over the period under review, the import price, however, showed a deep contraction. The pace of growth was the most pronounced in 2017 when the import price increased by 104%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-6.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest glass rear-view vehicle mirror consuming country in Asia-Pacific, comprising approx. 54% of total volume. Moreover, glass rear-view vehicle mirror consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Japan ranked third in terms of total consumption with a 7.7% share.
The country with the largest volume of glass rear-view vehicle mirror production was China, comprising approx. 62% of total volume. Moreover, glass rear-view vehicle mirror production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Taiwan Chinese) ranked third in terms of total production with a 6.2% share.
In value terms, the largest glass rear-view vehicle mirror supplying countries in Asia-Pacific were China, Taiwan Chinese) and South Korea, together accounting for 80% of total exports.
In value terms, China, Japan and South Korea appeared to be the countries with the highest levels of imports in 2020, together comprising 82% of total imports.
The glass rear-view vehicle mirror export price in Asia-Pacific stood at $10 per unit in 2020, almost unchanged from the previous year.
In 2020, the glass rear-view vehicle mirror import price in Asia-Pacific amounted to $22 per unit, picking up by 12% against the previous year.

This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Asia-Pacific. 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 23121350 - Glass rear-view mirrors for vehicles

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Asia-Pacific, split by region and country
  • Trade (exports and imports) in Asia-Pacific
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. 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. 9. 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. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Australia
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cook Islands
    • Fiji
    • French Polynesia
    • India
    • Indonesia
    • Japan
    • Kiribati
    • Malaysia
    • Maldives
    • Marshall Islands
    • Micronesia
    • Myanmar
    • Nepal
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Pakistan
    • Palau
    • Papua New Guinea
    • Philippines
    • Samoa
    • Singapore
    • Solomon Islands
    • South Korea
    • Sri Lanka
    • Taiwan (Chinese)
    • Thailand
    • Timor-Leste
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Vietnam
    • Wallis and Futuna Islands
    • Lao People's Democratic Republic
    • American Samoa
    • Democratic People's Republic of Korea
    • Nauru
    • Niue
    • Guam

  12. 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

  13. 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

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