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Asian manufacturers control rise in bed linens trade

12
Feb '20
Pic: Shutterstock
Pic: Shutterstock
The global trade of bed linen has been moving up with high growth rate. Total trade increased by 18.27 per cent from 2016 to 2018, according to data from TexPro. The global trade of bed linen was $2,620.07 million in 2016, which increased to $3,098.80 million in 2018. Pakistan, China and Turkey collectively exported 71.83 per cent of total export in 2018.
 
The total trade of bed linen has risen by 7.60 per cent in 2018 over the previous year and is anticipated to reach $3,986.25 million in 2021 with a CAGR of 8.76 per cent from 2018, according to Fibre2Fashion's market analysis tool TexPro.
 
The global export of bed linen was $1,474.83 million in 2016, which increased by 19.10 per cent to $1,756.47 million in 2018. Total exports moved up by 8.07 per cent in 2018 over the previous year and is expected to reach $2,282.93 million in 2021 with a CAGR of 9.13 per cent from 2018.
 
The global import value of bed linen was $1,145.24 million in 2016, which increased by 17.21 per cent to $1,342.32 million in 2018. Total imports surged by 6.98 per cent in 2018 over the previous year and is expected to reach $1,703.32 million in 2021 with a CAGR of 8.26 per cent from 2018.
 
Pakistan ($690.53 million), China ($458.71 million) and Turkey ($112.44 million) were the key exporters of bed linen across the globe in 2018. These were followed by Germany ($63.38 million), Spain ($58.36 million) and Poland ($52.49 million).
 
From 2013 to 2018, the most notable rate of growth in terms of export value, amongst the main exporting countries, was attained by China (261.81 per cent) and Pakistan (3.56 per cent).
 
US ($318.17 million), Germany ($276.71 million), Japan ($109.26 million) and Netherlands ($83.66 million) were the key importers of bed linen across the globe in 2018, together comprising 58.69 per cent of total import. These were followed by UK ($59.14 million), Austria ($58.88 million), Poland ($58.01 million) and France ($46.85 million).
 
From 2013 to 2018, the most notable rate of growth in terms of export volume, amongst the main importing countries, was attained by US (61.79 per cent) and Japan (30.76 per cent).

Fibre2Fashion News Desk (JL)


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