South-Eastern Asia: Textile Wall Covering Market 2025

Textile Wall Covering Market Size in South-Eastern Asia

In 2022, the Southeast Asian textile wall covering market decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, enjoyed a pronounced increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Textile Wall Covering Production in South-Eastern Asia

In value terms, textile wall covering production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a significant contraction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Textile Wall Covering Exports

Exports in South-Eastern Asia

Textile wall covering exports expanded to X square meters in 2022, with an increase of X% against 2021. Overall, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X square meters in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, textile wall covering exports stood at $X in 2022. In general, exports posted buoyant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Singapore (X square meters) represented the key exporter of textile wall coverings, generating X% of total exports. Indonesia (X square meters) ranks second in terms of the total exports with an X% share, followed by Thailand (X%).

Exports from Singapore increased at an average annual rate of X% from 2012 to 2022. At the same time, Indonesia (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. While the share of Singapore (X p.p.), Indonesia (X p.p.) and Thailand (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest textile wall covering supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per square meter in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per square meter), while Thailand ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced mixed trends in the export price figures.

Textile Wall Covering Imports

Imports in South-Eastern Asia

In 2022, purchases abroad of textile wall coverings decreased by X% to X square meters, falling for the third consecutive year after two years of growth. In general, imports, however, posted strong growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The volume of import peaked at X square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, textile wall covering imports contracted rapidly to $X in 2022. Overall, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Thailand represented the largest importer of textile wall coverings in South-Eastern Asia, with the volume of imports recording X square meters, which was approx. X% of total imports in 2022. Malaysia (X square meters) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (X%), Vietnam (X%) and Indonesia (X%). The Philippines (X square meters) followed a long way behind the leaders.

Thailand was also the fastest-growing in terms of the textile wall coverings imports, with a CAGR of X% from 2012 to 2022. At the same time, Indonesia (X%), the Philippines (X%) and Vietnam (X%) displayed positive paces of growth. By contrast, Malaysia (X%) and Singapore (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Vietnam (X p.p.), Malaysia (X p.p.) and Singapore (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest textile wall covering importing markets in South-Eastern Asia were Thailand ($X), Singapore ($X) and Vietnam ($X), with a combined X% share of total imports. Indonesia, Malaysia and the Philippines lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per square meter, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The level of import peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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