Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres Market

The article discusses the rising demand for bed linen and other woven textiles and non-woven man-made fibers globally, with market performance expected to continue growing. Key points include forecasts for market volume and value, consumption trends, production trends, import and export trends, as well as insights into major consuming and producing countries. The data covers the period from 2012 to 2022 and includes detailed analysis of market fluctuations, growth rates, and average prices for these textile products.

Market Forecast

Driven by increasing demand for bed linen of other woven textiles and non-woven man-made fibres worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +4.3% for the period from 2022 to 2030, which is projected to bring the market volume to 1.4M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +5.7% for the period from 2022 to 2030, which is projected to bring the market value to $11B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

In 2022, consumption of bed linen of other woven textiles and non-woven man-made fibres decreased by -4.7% to 1M tons for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +107.6% against 2012 indices. As a result, consumption attained the peak volume of 1.1M tons, and then declined slightly in the following year.

The size of the market for bed linen of other woven textiles and non-woven man-made fibres worldwide amounted to $7.1B in 2022, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +101.1% against 2012 indices. Over the period under review, the global market hit record highs in 2022 and is expected to retain growth in the near future.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were the United States (203K tons), China (174K tons) and India (52K tons), together comprising 43% of global consumption.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +14.4%), while fibres for the other global leaders experienced more modest paces of growth.

In value terms, the largest bed linen of other woven textiles and non-woven man-made fibres markets worldwide were China ($1.2B), the United States ($1.1B) and India ($410M), together accounting for 39% of the global market. The UK, Turkey, Germany, Brazil, Mexico, France, Australia, Bangladesh, Indonesia and Spain lagged somewhat behind, together comprising a further 29%.

Turkey, with a CAGR of +16.5%, recorded the highest rates of growth with regard to market size in terms of the main consuming countries over the period under review, while fibres for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of bed linen of other woven textiles and non-woven man-made fibres per capita consumption in 2022 were Australia (799 kg per 1000 persons), the United States (606 kg per 1000 persons) and the UK (590 kg per 1000 persons).

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +14.0%), while fibres for the other global leaders experienced more modest paces of growth.

Production

World Production of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

After seven years of growth, production of bed linen of other woven textiles and non-woven man-made fibres decreased by -4.9% to 1.1M tons in 2022. In general, the total production indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +85.5% against 2012 indices. The growth pace was the most rapid in 2015 with an increase of 24%. Global production peaked at 1.2M tons in 2021, and then dropped slightly in the following year.

In value terms, production of bed linen of other woven textiles and non-woven man-made fibres declined to $8B in 2022 estimated in export price. Overall, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +23.0% against 2016 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by 28% against the previous year. Global production peaked at $8.7B in 2021, and then reduced in the following year.

Production By Country

The country with the largest volume of production of bed linen of other woven textiles and non-woven man-made fibres was China (606K tons), comprising approx. 53% of total volume. Moreover, production of bed linen of other woven textiles and non-woven man-made fibres in China exceeded the figures recorded by the second-largest producer, Pakistan (191K tons), threefold. India (60K tons) ranked third in terms of total production with a 5.3% share.

In China, production of bed linen of other woven textiles and non-woven man-made fibres increased at an average annual rate of +4.8% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Pakistan (+7.0% per year) and India (+8.4% per year).

Imports

World Imports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

In 2022, after three years of growth, there was significant decline in purchases abroad of bed linen of other woven textiles and non-woven man-made fibres, when their volume decreased by -13.5% to 577K tons. In general, total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.4% against 2012 indices. The growth pace was the most rapid in 2021 when imports increased by 29% against the previous year. As a result, imports reached the peak of 667K tons, and then contracted in the following year.

In value terms, imports of bed linen of other woven textiles and non-woven man-made fibres shrank slightly to $3.6B in 2022. The total import value increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 30%. As a result, imports reached the peak of $3.8B, and then contracted in the following year.

Imports By Country

The United States was the major importing country with an import of about 206K tons, which reached 36% of total imports. It was distantly followed by the UK (42K tons), achieving a 7.2% share of total imports. France (25K tons), Australia (21K tons), Spain (19K tons), Germany (17K tons), Chile (16K tons), Canada (12K tons), Japan (11K tons), the United Arab Emirates (10K tons), Italy (9.8K tons), Russia (9.7K tons) and Romania (8.7K tons) held a relatively small share of total imports.

Imports into the United States increased at an average annual rate of +11.8% from 2012 to 2022. At the same time, Romania (+13.5%), Chile (+9.9%), Italy (+8.0%), France (+6.4%), Spain (+6.1%), Canada (+5.5%) and Australia (+4.7%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in the world, with a CAGR of +13.5% from 2012-2022. Germany, Russia and the United Arab Emirates experienced a relatively flat trend pattern. By contrast, the UK (-1.7%) and Japan (-4.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by +18 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($1.1B) constitutes the largest market for imported bed linen of other woven textiles and non-woven man-made fibres worldwide, comprising 31% of global imports. The second position in the ranking was taken by the UK ($310M), with an 8.6% share of global imports. It was followed by Australia, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +10.1%. The remaining importing countries recorded the following average annual rates of imports growth: the UK (-1.4% per year) and Australia (+5.7% per year).

Import Prices By Country

The average import price for bed linen of other woven textiles and non-woven man-made fibres stood at $6,263 per ton in 2022, with an increase of 11% against the previous year. Over the period under review, the import price, however, showed a slight downturn. Over the period under review, average import prices reached the maximum at $7,286 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($9,404 per ton), while Romania ($3,161 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+5.5%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

In 2022, shipments abroad of bed linen of other woven textiles and non-woven man-made fibres decreased by -12.3% to 701K tons for the first time since 2014, thus ending a seven-year rising trend. The total export volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 24%. As a result, the exports reached the peak of 799K tons, and then shrank in the following year.

In value terms, exports of bed linen of other woven textiles and non-woven man-made fibres shrank to $5B in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $5.3B, and then contracted in the following year.

Exports By Country

China was the key exporting country with an export of around 432K tons, which accounted for 62% of total exports. It was distantly followed by Pakistan (175K tons), generating a 25% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to bed linen of other woven textiles and non-woven man-made fibres exports from China stood at +2.5%. At the same time, Pakistan (+7.3%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in the world, with a CAGR of +7.3% from 2012-2022. From 2012 to 2022, the share of Pakistan increased by +7.8 percentage points.

In value terms, China ($3.1B) remains the largest bed linen of other woven textiles and non-woven man-made fibres supplier worldwide, comprising 61% of global exports. The second position in the ranking was taken by Pakistan ($1.1B), with a 21% share of global exports.

In China, exports of bed linen of other woven textiles and non-woven man-made fibres expanded at an average annual rate of +2.9% over the period from 2012-2022.

Export Prices By Country

The average export price for bed linen of other woven textiles and non-woven man-made fibres stood at $7,189 per ton in 2022, surging by 7.6% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 16% against the previous year. As a result, the export price attained the peak level of $8,709 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($7,060 per ton), while Pakistan amounted to $6,104 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.3%).

Source: IndexBox Market Intelligence Platform