Malaysia: Market for Brassieres, Girdles And Corsets 2025

Market Size for Brassieres, Girdles And Corsets in Malaysia

The Malaysian brassiere, girdle and corset market declined modestly to $X in 2021, dropping by -1.8% against the previous year. In general, consumption, however, showed a mild setback. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Production of Brassieres, Girdles And Corsets in Malaysia

In value terms, brassiere, girdle and corset production declined notably to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with a decrease of -27.2%. Brassiere, girdle and corset production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Brassieres, Girdles And Corsets

Exports from Malaysia

In 2021, overseas shipments of brassieres, girdles and corsets increased by 36% to X tons, rising for the second year in a row after four years of decline. Over the period under review, exports, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2015 when exports increased by 53%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, brassiere, girdle and corset exports surged to $X in 2021. In general, exports, however, showed a perceptible decrease. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Germany (X tons) and Turkey (X tons) were the main destinations of brassiere, girdle and corset exports from Malaysia, together accounting for 52% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +88.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Hong Kong SAR ($X) constituted the largest markets for brassiere, girdle and corset exported from Malaysia worldwide, with a combined 46% share of total exports. Turkey, Canada, the Philippines, the Netherlands, France, Singapore, Brunei Darussalam, Mexico, Denmark and the United Arab Emirates lagged somewhat behind, together comprising a further 18%.

Turkey, with a CAGR of +67.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average brassiere, girdle and corset export price stood at $X per ton in 2021, rising by 6.6% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 17%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brassieres, Girdles And Corsets

Imports into Malaysia

In 2021, the amount of brassieres, girdles and corsets imported into Malaysia soared to X tons, growing by 22% compared with 2020. Overall, imports, however, recorded a mild reduction. The pace of growth was the most pronounced in 2015 with an increase of 305% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, brassiere, girdle and corset imports rose markedly to $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2015 with an increase of 287%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main brassiere, girdle and corset supplier to Malaysia, with a 91% share of total imports. It was followed by Singapore (X tons), with a 3% share of total imports. Indonesia (X tons) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+14.3% per year) and Indonesia (+6.3% per year).

In value terms, China ($X) constituted the largest supplier of brassieres, girdles and corsets to Malaysia, comprising 73% of total imports. The second position in the ranking was held by Singapore ($X), with a 9.5% share of total imports. It was followed by Vietnam, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+12.4% per year) and Vietnam (+0.3% per year).

Import Prices by Country

In 2021, the average brassiere, girdle and corset import price amounted to $X per ton, which is down by -8.4% against the previous year. In general, the import price saw a slight decrease. The most prominent rate of growth was recorded in 2020 an increase of 14% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Singapore ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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