Report Update Nov 1, 2024

Bangladesh - Seats Convertible Into Beds - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Bed-Convertible Seat Market 2024

Bed-Convertible Seat Market Size in Bangladesh

The Bangladeshi bed-convertible seat market rose sharply to $X in 2021, with an increase of 12% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a perceptible setback. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Bed-Convertible Seat Exports

Exports from Bangladesh

After three years of growth, overseas shipments of seats convertible into beds decreased by -81.8% to X units in 2021. Over the period under review, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 200%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, bed-convertible seat exports contracted remarkably to $X in 2021. In general, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 135% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Costa Rica (X units) was the main destination for bed-convertible seat exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Costa Rica was relatively modest.

In value terms, Costa Rica ($X) emerged as the key foreign market for seats convertible into beds exports from Bangladesh.

From 2012 to 2021, the average annual rate of growth in terms of value to Costa Rica was relatively modest.

Export Prices by Country

The average bed-convertible seat export price stood at $X per unit in 2021, increasing by 123% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 200% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2012 to 2021, the rate of growth in terms of prices for Norway amounted to -5.6% per year.

Bed-Convertible Seat Imports

Imports into Bangladesh

For the third year in a row, Bangladesh recorded growth in purchases abroad of seats convertible into beds, which increased by 14% to X units in 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 2,296%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, bed-convertible seat imports stood at $X in 2021. In general, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2014 with an increase of 2,238%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of bed-convertible seat to Bangladesh, accounting for a 79% share of total imports. Moreover, bed-convertible seat imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-3.6% per year) and the Netherlands (+4.6% per year).

In value terms, China ($X) constituted the largest supplier of seats convertible into beds to Bangladesh, comprising 60% of total imports. The second position in the ranking was taken by Turkey ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-17.8% per year) and the Netherlands (+10.9% per year).

Import Prices by Country

In 2021, the average bed-convertible seat import price amounted to $X per unit, shrinking by -10.2% against the previous year. Overall, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 33%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for seats convertible into beds in the world?

China remains the largest bed-convertible seat consuming country worldwide, accounting for 28% of total volume. Moreover, bed-convertible seat consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Russia ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of seats convertible into beds in the world?

China constituted the country with the largest volume of bed-convertible seat production, accounting for 34% of total volume. Moreover, bed-convertible seat production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. Poland ranked third in terms of total production with a 7.7% share.

What are the leading suppliers of seats convertible into beds to Bangladesh?

In value terms, China, Turkey and the Netherlands constituted the largest bed-convertible seat suppliers to Bangladesh, together accounting for 96% of total imports.

What is the average export price for seats convertible into beds in Bangladesh?

The average bed-convertible seat export price stood at $159 per unit in 2020, reducing by -13.1% against the previous year.

What is the average import price for seats convertible into beds in Bangladesh?

The average bed-convertible seat import price stood at $92 per unit in 2020, with a decrease of -30.9% against the previous year.

This report provides an in-depth analysis of the bed-convertible seat market in Bangladesh. 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 31001210 - Seats convertible into beds (excluding garden seats or camping equipment)

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023