South-Eastern Asia: Electric Blanket Market 2025

Electric Blanket Market Size in South-Eastern Asia

After two years of growth, the Southeast Asian electric blanket market decreased by -27.6% to $X in 2021. Overall, consumption continues to indicate a perceptible curtailment. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Electric Blanket Production in South-Eastern Asia

In value terms, electric blanket production totaled $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 9.2% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Electric Blanket Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of electric blankets increased by 29% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports recorded a resilient increase. The growth pace was the most rapid in 2017 when exports increased by 60%. The volume of export peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, electric blanket exports soared to $X in 2021. Total exports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 36%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Indonesia represented the largest exporting country with an export of around X units, which recorded 64% of total exports. It was distantly followed by Vietnam (X units), creating a 36% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Vietnam (with a CAGR of +53.0%).

In value terms, Indonesia ($X) and Vietnam ($X) constituted the countries with the highest levels of exports in 2021.

Vietnam, with a CAGR of +60.5%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per unit, with an increase of 1.8% against the previous year. Overall, the export price, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2019 when the export price increased by 18% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Vietnam totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+4.9%).

Electric Blanket Imports

Imports in South-Eastern Asia

In 2021, the amount of electric blankets imported in South-Eastern Asia expanded markedly to X units, with an increase of 13% compared with the year before. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 453% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, electric blanket imports skyrocketed to $X in 2021. In general, imports recorded a slight increase. The growth pace was the most rapid in 2017 with an increase of 152% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Malaysia (X units) and Vietnam (X units) prevails in imports structure, together comprising 75% of total imports. The Philippines (X units) took the next position in the ranking, followed by Indonesia (X units) and Thailand (X units). All these countries together took near 21% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Malaysia (with a CAGR of +21.8%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest electric blanket importing markets in South-Eastern Asia were Malaysia ($X), Vietnam ($X) and the Philippines ($X), together accounting for 83% of total imports.

Malaysia, with a CAGR of +18.7%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per unit, increasing by 14% against the previous year. Overall, the import price enjoyed a slight increase. The most prominent rate of growth was recorded in 2020 when the import price increased by 108% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+21.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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