Eastern Asia: Women’S Bathrobe Market 2024

Women’S Bathrobe Market Size in Eastern Asia

In 2021, the East Asian women’s bathrobe market increased by 3.6% to $X, rising for the third year in a row after five years of decline. Over the period under review, consumption, however, continues to indicate a mild descent. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Women’S Bathrobe Production in Eastern Asia

In value terms, women’s bathrobe production stood at $X in 2021 estimated in export price. Overall, production posted a perceptible increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 204% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Women’S Bathrobe Exports

Exports in Eastern Asia

In 2021, the amount of women’s negligees, bathrobes and dressing gowns of knitted or crocheted textiles exported in Eastern Asia skyrocketed to X units, rising by 28% against the previous year's figure. Over the period under review, exports posted a strong increase. The growth pace was the most rapid in 2018 with an increase of 640% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, women’s bathrobe exports skyrocketed to $X in 2021. Total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X units) represented the key exporter of women’s negligees, bathrobes and dressing gowns of knitted or crocheted textiles in Eastern Asia, making up 100% of total export.

China was also the fastest-growing in terms of the women’s negligees, bathrobes and dressing gowns of knitted or crocheted textiles exports, with a CAGR of +7.4% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest women’s bathrobe supplier in Eastern Asia.

In China, women’s bathrobe exports increased at an average annual rate of +8.1% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2021, surging by 14% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 309%. Over the period under review, the export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +0.6% per year.

Women’S Bathrobe Imports

Imports in Eastern Asia

In 2021, the amount of women’s negligees, bathrobes and dressing gowns of knitted or crocheted textiles imported in Eastern Asia skyrocketed to X units, increasing by 24% against the previous year's figure. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 26% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, women’s bathrobe imports soared to $X in 2021. In general, imports, however, saw a slight contraction. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Korea was the largest importing country with an import of about X units, which finished at 52% of total imports. Japan (X units) took a 20% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (20%) and China (6.4%).

From 2012 to 2021, average annual rates of growth with regard to women’s bathrobe imports into South Korea stood at +15.7%. At the same time, China (+27.0%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +27.0% from 2012-2021. By contrast, Hong Kong SAR (-1.1%) and Japan (-7.0%) illustrated a downward trend over the same period. While the share of South Korea (+35 p.p.) and China (+5.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Hong Kong SAR (-6.4 p.p.) and Japan (-26.5 p.p.) displayed negative dynamics.

In value terms, the largest women’s bathrobe importing markets in Eastern Asia were South Korea ($X), Japan ($X) and Hong Kong SAR ($X), together accounting for 92% of total imports. China lagged somewhat behind, comprising a further 6%.

China, with a CAGR of +23.5%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2021, picking up by 2.2% against the previous year. Overall, the import price, however, recorded a pronounced setback. The pace of growth was the most pronounced in 2016 an increase of 15%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform