Thailand - Washing, Bleaching or Dyeing Machines - Market Analysis, Forecast, Size, Trends and Insights
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Laundry Machine Market Size in Thailand
The Thai laundry machine market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, showed a deep setback. Laundry machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.
Laundry Machine Production in Thailand
In value terms, laundry machine production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by 17% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.
Laundry Machine Exports
Exports from Thailand
In 2021, overseas shipments of washing, bleaching or dyeing machines decreased by -37.6% to X units, falling for the third consecutive year after three years of growth. Overall, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of 693% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.
In value terms, laundry machine exports declined sharply to $X in 2021. Over the period under review, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 335%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Cambodia (X units), Pakistan (X units) and the United States (X units) were the main destinations of laundry machine exports from Thailand, together comprising 69% of total exports. These countries were followed by France, China, India, Singapore, Vietnam and Lao People's Democratic Republic, which together accounted for a further 29%.
From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +103.0%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Cambodia ($X) emerged as the key foreign market for washing, bleaching or dyeing machines exports from Thailand, comprising 32% of total exports. The second position in the ranking was held by China ($X), with a 16% share of total exports. It was followed by Pakistan, with a 16% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Cambodia totaled -22.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+155.5% per year) and Pakistan (-5.2% per year).
Export Prices by Country
In 2021, the average laundry machine export price amounted to $X per unit, with a decrease of -4.2% against the previous year. In general, the export price showed a abrupt descent. The growth pace was the most rapid in 2019 an increase of 154%. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+462,019.6%), while the prices for the other major destinations experienced more modest paces of growth.
Laundry Machine Imports
Imports into Thailand
In 2021, overseas purchases of washing, bleaching or dyeing machines were finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. Over the period under review, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of 41%. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, laundry machine imports skyrocketed to $X in 2021. Overall, imports, however, saw a abrupt decrease. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
Italy (X units), China (X units) and Turkey (X units) were the main suppliers of laundry machine imports to Thailand, together accounting for 78% of total imports.
From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +42.4%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, the largest laundry machine suppliers to Thailand were Italy ($X), Taiwan (Chinese) ($X) and China ($X), with a combined 66% share of total imports. These countries were followed by Japan, Germany, Turkey, the Czech Republic and the United States, which together accounted for a further 28%.
Turkey, with a CAGR of +39.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average laundry machine import price stood at $X per unit in 2021, growing by 23% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, laundry machine import price increased by +114.2% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 30%. The import price peaked in 2021 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the laundry machine 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 28942150 - Washing, bleaching or dyeing machines (including wringers and mangles, shaker-tumblers, excluding household or laundry-type washing machines)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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