Report Update Nov 1, 2024

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

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Kuwait: Bed-Convertible Seat Market 2024

Bed-Convertible Seat Market Size in Kuwait

The Kuwaiti bed-convertible seat market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption saw strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Bed-Convertible Seat Exports

Exports from Kuwait

In 2021, approx. X units of seats convertible into beds were exported from Kuwait; waning by -28.6% on the year before. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 5,900% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, bed-convertible seat exports expanded to $X in 2021. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 5,435% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Lebanon (X units) was the main destination for bed-convertible seat exports from Kuwait, accounting for a 60% share of total exports. Moreover, bed-convertible seat exports to Lebanon exceeded the volume sent to the second major destination, the United Arab Emirates (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to Lebanon stood at -9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and Egypt (0.0% per year).

In value terms, Lebanon ($X), the United Arab Emirates ($X) and Egypt ($X) were the largest markets for bed-convertible seat exported from Kuwait worldwide, together comprising 78% of total exports.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +5.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average bed-convertible seat export price stood at $X per unit in 2021, surging by 46% against the previous year. Overall, the export price, however, saw a deep setback. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Lebanon ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+4.6%), while the prices for the other major destinations experienced a decline.

Bed-Convertible Seat Imports

Imports into Kuwait

In 2021, after two years of decline, there was significant growth in supplies from abroad of seats convertible into beds, when their volume increased by 145% to X units. In general, imports showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, bed-convertible seat imports soared to $X in 2021. Overall, imports enjoyed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Jordan (X units) and Turkey (X units) were the main suppliers of bed-convertible seat imports to Kuwait, with a combined 55% share of total imports. The United Arab Emirates, Romania, Poland, Bulgaria and Portugal lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +62.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bed-convertible seat suppliers to Kuwait were China ($X), Jordan ($X) and Turkey ($X), together comprising 51% of total imports.

Jordan, with a CAGR of +68.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average bed-convertible seat import price amounted to $X per unit, waning by -4.8% against the previous year. Overall, the import price, however, posted perceptible growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 57% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Portugal ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of bed-convertible seat consumption, comprising approx. 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, comprising approx. 34% of total volume. Moreover, bed-convertible seat production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. The third position in this ranking was occupied by Poland, with a 7.7% share.

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

In value terms, China constituted the largest supplier of bed-convertible seat to Kuwait, comprising 48% of total imports. The second position in the ranking was occupied by Romania, with a 20% share of total imports. It was followed by Poland, with an 8.6% share.

What are the leading importers of seats convertible into beds from Kuwait?

In value terms, the United Arab Emirates emerged as the key foreign market for bed-convertible seat exports from Kuwait, comprising 76% of total exports. The second position in the ranking was occupied by Saudi Arabia, with a 24% share of total exports.

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

The average bed-convertible seat export price stood at $1,174 per unit in 2020, with an increase of 1,091% against the previous year.

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

The average bed-convertible seat import price stood at $227 per unit in 2020, increasing by 55% against the previous year.

This report provides an in-depth analysis of the bed-convertible seat market in Kuwait. 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:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
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
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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