Southern Asia: Market for Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) 2025

Market Size for Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) in Southern Asia

The South Asian bedding and furnishing article market surged to $X in 2022, with an increase of 220% against the previous year. Over the period under review, consumption, however, continues to indicate a perceptible setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) in Southern Asia

In value terms, bedding and furnishing article production rose sharply to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by 16%. The level of production peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Exports in Southern Asia

Bedding and furnishing article exports fell dramatically to X tons in 2022, waning by -37.2% against 2021 figures. In general, exports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 56%. As a result, the exports reached the peak of X tons, and then declined markedly in the following year.

In value terms, bedding and furnishing article exports shrank rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. As a result, the exports attained the peak of $X, and then dropped remarkably in the following year.

Exports by Country

India represented the key exporter of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) in Southern Asia, with the volume of exports reaching X tons, which was approx. 77% of total exports in 2022. It was distantly followed by Pakistan (X tons), comprising a 19% share of total exports. Bangladesh (X tons) held a minor share of total exports.

Exports from India increased at an average annual rate of +8.4% from 2012 to 2022. At the same time, Bangladesh (+13.2%) and Pakistan (+6.4%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +13.2% from 2012-2022. While the share of India (+2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Pakistan (-3.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest bedding and furnishing article supplier in Southern Asia, comprising 66% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at +9.1%. In the other countries, the average annual rates were as follows: Pakistan (+9.5% per year) and Bangladesh (+7.8% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, picking up by 10% against the previous year. Overall, the export price showed a slight expansion. The most prominent rate of growth was recorded in 2020 when the export price increased by 14% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+3.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Imports in Southern Asia

Bedding and furnishing article imports reduced dramatically to X tons in 2022, falling by -30.3% compared with the previous year's figure. Over the period under review, imports showed a perceptible decrease. The growth pace was the most rapid in 2018 when imports increased by 60% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, bedding and furnishing article imports dropped dramatically to $X in 2022. In general, imports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2018 with an increase of 57%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

India (X tons), Bangladesh (X tons), Nepal (X tons) and Maldives (X tons) represented roughly 92% of total imports in 2022. The following importers - Pakistan (X tons), Sri Lanka (X tons) and Afghanistan (X tons) - together made up 6.9% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bangladesh (with a CAGR of +27.7%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest bedding and furnishing article importing markets in Southern Asia were India ($X), Bangladesh ($X) and Maldives ($X), together comprising 71% of total imports.

Among the main importing countries, Bangladesh, with a CAGR of +45.1%, recorded the highest growth rate of 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 Southern Asia amounted to $X per ton, picking up by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+13.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform