Asia-Pacific: Pantyhose Market 2024

Pantyhose Market Size in Asia-Pacific

The Asia-Pacific pantyhose market declined slightly to $X in 2022, reducing by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Pantyhose Production in Asia-Pacific

In value terms, pantyhose production shrank modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Pantyhose Exports

Exports in Asia-Pacific

In 2022, overseas shipments of pantyhose and tights increased by X% to X pairs, rising for the second year in a row after two years of decline. Over the period under review, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X pairs in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, pantyhose exports shrank slightly to $X in 2022. Overall, exports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

China dominates exports structure, finishing at X pairs, which was approx. X% of total exports in 2022. It was distantly followed by India (X pairs), making up a X% share of total exports. The following exporters - Vietnam (X pairs) and Bangladesh (X pairs) - each resulted at a X% share of total exports.

Exports from China decreased at an average annual rate of X% from 2012 to 2022. At the same time, India (X%), Vietnam (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. India (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pantyhose supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

In China, pantyhose exports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per pair, waning by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked at $X per pair in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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 ($X per pair), while China ($X per pair) was amongst the lowest.

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

Pantyhose Imports

Imports in Asia-Pacific

In 2022, after three years of decline, there was significant growth in supplies from abroad of pantyhose and tights, when their volume increased by X% to X pairs. In general, imports, however, showed a abrupt downturn. The volume of import peaked at X pairs in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, pantyhose imports surged to $X in 2022. Over the period under review, imports, however, saw a perceptible contraction. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Japan prevails in imports structure, finishing at X pairs, which was approx. X% of total imports in 2022. It was distantly followed by Australia (X pairs), South Korea (X pairs) and Vietnam (X pairs), together constituting a X% share of total imports. India (X pairs), China (X pairs) and Thailand (X pairs) held a little share of total imports.

Imports into Japan decreased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%), India (X%) and China (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%), Thailand (X%) and Australia (X%) illustrated a downward trend over the same period. Vietnam (X p.p.), India (X p.p.), China (X p.p.) and Japan (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported pantyhose and tights in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Japan amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Australia (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per pair, with an increase of X% against the previous year. Over the period from 2012 to 2022, 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%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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