Southern Asia: Book Cover Market 2025

Book Cover Market Size in Southern Asia

The South Asian book cover market fell modestly to $X in 2022, stabilizing at the previous year. Over the period under review, consumption continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 when the market value increased by 4.4% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Book Cover Production in Southern Asia

In value terms, book cover production fell modestly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of 4.6% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Book Cover Exports

Exports in Southern Asia

In 2022, overseas shipments of blotting pads and book covers increased by 21% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a mild setback. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, book cover exports surged to $X in 2022. Total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 83%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

India dominates exports structure, accounting for X tons, which was approx. 95% of total exports in 2022. Sri Lanka (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to book cover exports from India stood at -1.3%. At the same time, Sri Lanka (+10.2%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +10.2% from 2012-2022. From 2012 to 2022, the share of Sri Lanka increased by +2.9 percentage points.

In value terms, India ($X) remains the largest book cover supplier in Southern Asia, comprising 95% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a 4.4% share of total exports.

In India, book cover exports expanded at an average annual rate of +2.7% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, approximately reflecting the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, book cover export price decreased by -23.3% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 45% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Sri Lanka totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.1%).

Book Cover Imports

Imports in Southern Asia

In 2022, the amount of blotting pads and book covers imported in Southern Asia soared to X tons, growing by 60% on 2021. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 84%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, book cover imports surged to $X in 2022. Over the period under review, imports, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2015 when imports increased by 96% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) represented the main importer of blotting pads and book covers, comprising 76% of total imports. Pakistan (X tons) ranks second in terms of the total imports with an 11% share, followed by Nepal (5.9%). The following importers - Sri Lanka (X tons) and Maldives (X tons) - each recorded a 4.5% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to book cover imports into India stood at +2.3%. At the same time, Nepal (+6.2%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +6.2% from 2012-2022. Sri Lanka experienced a relatively flat trend pattern. By contrast, Pakistan (-2.2%) and Maldives (-6.4%) illustrated a downward trend over the same period. While the share of India (+14 p.p.) and Nepal (+2.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Maldives (-2 p.p.) and Pakistan (-3.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported blotting pads and book covers in Southern Asia, comprising 62% of total imports. The second position in the ranking was taken by Pakistan ($X), with an 18% share of total imports. It was followed by Maldives, with a 5.1% share.

In India, book cover imports plunged by an average annual rate of -5.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+5.8% per year) and Maldives (-4.3% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, reducing by -15.8% against the previous year. In general, the import price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2021 an increase of 21%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 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 Maldives ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+8.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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