Japan: Blanket Market 2025

Blanket Market Size in Japan

The Japanese blanket market expanded rapidly to $X in 2022, with an increase of 6% against the previous year. In general, consumption, however, saw a pronounced reduction. Blanket consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Blanket Production in Japan

In value terms, blanket production reduced slightly to $X in 2022 estimated in export price. In general, production, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when the production volume increased by 2.6% against the previous year. Blanket production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Blanket Exports

Exports from Japan

In 2022, overseas shipments of blankets and traveling rugs (except electric blankets) were finally on the rise to reach X tons after three years of decline. Over the period under review, exports saw a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, blanket exports fell remarkably to $X in 2022. Overall, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by 21%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X tons), Malaysia (X tons) and Hong Kong SAR (X tons) were the main destinations of blanket exports from Japan, with a combined 33% share of total exports. Thailand, Singapore, Vietnam and China lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +33.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Malaysia ($X) and Hong Kong SAR ($X) constituted the largest markets for blanket exported from Japan worldwide, with a combined 94% share of total exports. Singapore, China, Thailand and Vietnam lagged somewhat behind, together comprising a further 16%.

Among the main countries of destination, China, with a CAGR of +6.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average blanket export price amounted to $X per ton, waning by -76.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-1.8%), while the prices for the other major destinations experienced a decline.

Blanket Imports

Imports into Japan

In 2022, approx. X tons of blankets and traveling rugs (except electric blankets) were imported into Japan; with an increase of 30% against the year before. In general, imports, however, saw a slight curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 34%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, blanket imports reduced slightly to $X in 2022. Over the period under review, imports, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2018 when imports increased by 7.7%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main blanket supplier to Japan, accounting for a 103% share of total imports. It was followed by Vietnam (X tons), with a 3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -4.1%.

In value terms, China ($X) constituted the largest supplier of blankets and traveling rugs (except electric blankets) to Japan, comprising 94% of total imports. The second position in the ranking was held by Vietnam ($X), with a 4.4% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to -4.0%.

Import Prices by Country

In 2022, the average blanket import price amounted to $X per ton, declining by -25.4% against the previous year. Over the period under review, the import price continues to indicate a perceptible decrease. The growth pace was the most rapid in 2021 when the average import price increased by 34%. As a result, import price attained the peak level of $X per ton, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :