Report Update Nov 1, 2024

Thailand - Seats Convertible Into Beds - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Bed-Convertible Seat Market 2024

Bed-Convertible Seat Market Size in Thailand

The Thai bed-convertible seat market reduced sharply to $X in 2021, falling by -17.7% against the previous year. In general, consumption continues to indicate a noticeable curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Bed-Convertible Seat Production in Thailand

In value terms, bed-convertible seat production declined to $X in 2021 estimated in export price. Over the period under review, production saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by 39%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Bed-Convertible Seat Exports

Exports from Thailand

In 2021, overseas shipments of seats convertible into beds increased by 139% to X units, rising for the second year in a row after two years of decline. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 4,074% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, bed-convertible seat exports skyrocketed to $X in 2021. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 4,007% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for bed-convertible seat exports from Thailand, with a 99% share of total exports. It was followed by Myanmar (X units), with a 0.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +58.2%.

In value terms, the United States ($X) remains the key foreign market for seats convertible into beds exports from Thailand, comprising 99% of total exports. The second position in the ranking was held by Myanmar ($X), with a 0.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +34.2%.

Export Prices by Country

In 2021, the average bed-convertible seat export price amounted to $X per unit, shrinking by -3.8% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2014 a decrease of -0.8%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Myanmar stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+21.5%).

Bed-Convertible Seat Imports

Imports into Thailand

In 2021, supplies from abroad of seats convertible into beds increased by 70% to X units, rising for the fourth consecutive year after three years of decline. In general, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 75%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, bed-convertible seat imports skyrocketed to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +109.3% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main supplier of bed-convertible seat to Thailand, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +16.1%.

In value terms, China ($X) constituted the largest supplier of seats convertible into beds to Thailand.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +6.4%.

Import Prices by Country

The average bed-convertible seat import price stood at $X per unit in 2021, waning by -1.9% against the previous year. Overall, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 12%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -8.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for seats convertible into beds in the world?

China constituted the country with the largest volume of bed-convertible seat consumption, accounting for 28% of total volume. Moreover, bed-convertible seat consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by Russia, with a 6.2% share.

What are the largest producers of seats convertible into beds in the world?

The country with the largest volume of bed-convertible seat production was China, accounting for 34% of total volume. Moreover, bed-convertible seat production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. The third position in this ranking was occupied by Poland, with a 7.7% share.

What are the leading suppliers of seats convertible into beds to Thailand?

In value terms, China constituted the largest supplier of bed-convertible seat to Thailand, comprising 92% of total imports. The second position in the ranking was occupied by Vietnam, with a 2.4% share of total imports.

What are the leading importers of seats convertible into beds from Thailand?

In value terms, the United States remains the key foreign market for bed-convertible seat exports from Thailand.

What is the average export price for seats convertible into beds in Thailand?

The average bed-convertible seat export price stood at $95 per unit in 2020, picking up by 5.5% against the previous year.

What is the average import price for seats convertible into beds in Thailand?

The average bed-convertible seat import price stood at $84 per unit in 2020, declining by -8% against the previous year.

This report provides an in-depth analysis of the bed-convertible seat market in Thailand. 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 31001210 - Seats convertible into beds (excluding garden seats or camping equipment)

Country coverage:

Thailand

Data coverage:

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