Report Update Nov 1, 2024

Singapore - Plastic Shutters and Blinds - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Singapore

In 2022, the Singaporean plastic shutters and blinds market increased by 49% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a mild setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Plastic Shutters And Blinds

Exports from Singapore

In 2022, plastic shutters and blinds exports from Singapore reduced sharply to X units, falling by -20% against 2021 figures. In general, exports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by 58%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plastic shutters and blinds exports reduced to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 54%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia (X units), Australia (X units) and China (X units) were the main destinations of plastic shutters and blinds exports from Singapore, together comprising 52% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +98.6%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Australia ($X) and Slovenia ($X) were the largest markets for plastic shutters and blinds exported from Singapore worldwide, with a combined 44% share of total exports.

In terms of the main countries of destination, Australia, with a CAGR of +100.5%, recorded the highest growth rate of 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

The average plastic shutters and blinds export price stood at $X per unit in 2022, surging by 8.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2013 when the average export price increased by 13%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Shutters And Blinds

Imports into Singapore

In 2022, imports of plastic shutters and blinds into Singapore surged to X units, with an increase of 30% against the previous year's figure. Over the period under review, imports, however, continue to indicate a slight downturn. The pace of growth was the most pronounced in 2014 when imports increased by 57% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, plastic shutters and blinds imports reduced to $X in 2022. In general, imports, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In value terms, China ($X), Malaysia ($X) and South Korea ($X) appeared to be the largest plastic shutters and blinds suppliers to Singapore, together comprising 65% of total imports.

Malaysia, with a CAGR of +30.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic shutters and blinds import price stood at $X per unit in 2022, with a decrease of -29.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 12%. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then reduced dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.8%), 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 plastic shutters and blinds in the world?

The countries with the highest volumes of plastic shutters and blinds consumption in 2020 were China, the U.S. and Germany, with a combined 51% share of global consumption. These countries were followed by France, Mexico, Iran, Canada, Spain, Vietnam, South Korea, the UK, Saudi Arabia and Poland, which together accounted for a further 25%.

What are the largest producers of plastic shutters and blinds in the world?

China constituted the country with the largest volume of plastic shutters and blinds production, accounting for 39% of total volume. Moreover, plastic shutters and blinds production in China exceeded the figures recorded by the second-largest producer, the U.S., fivefold. The third position in this ranking was occupied by Germany, with a 6.2% share.

What are the leading suppliers of plastic shutters and blinds to Singapore?

In value terms, China constituted the largest supplier of plastic shutters and blinds to Singapore, comprising 39% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 18% share of total imports. It was followed by South Korea, with a 12% share.

What are the leading importers of plastic shutters and blinds from Singapore?

In value terms, China, Slovenia and Australia were the largest markets for plastic shutters and blinds exported from Singapore worldwide, together comprising 71% of total exports.

What is the average export price for plastic shutters and blinds in Singapore?

In 2020, the average plastic shutters and blinds export price amounted to $12 per unit, with a decrease of -5.6% against the previous year.

What is the average import price for plastic shutters and blinds in Singapore?

In 2020, the average plastic shutters and blinds import price amounted to $9.9 per unit, with an increase of 30% against the previous year.

This report provides an in-depth analysis of the market for plastic shutters and blinds in Singapore. 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 22231470 - Plastic shutters, blinds and similar articles and parts thereof

Country coverage:

Singapore

Data coverage:

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