In 2023, China dominated the global knitted or crocheted bedspreads market, holding a remarkable 93.54% share by value. Most other countries maintained minor market shares, with Portugal, the United Arab Emirates, and Germany leading this group. Portugal and Belgium saw significant growth, with year-on-year increases of 5.09% and 6.08% respectively, while India and the United States experienced notable declines, with India's share dropping by 13.53% and the U.S. by 10.8%. Eastern European countries like the Czech Republic showed a strong surge, with a 46.46% increase, reflecting a notable shift in regional production capabilities.
Future trends to watch include China's continued dominance in this market and its potential implications on global competition. Rising shares in emerging markets such as Egypt and Morocco signal an opportunity for diversification. Additionally, European markets, such as the Czech Republic and Belgium, may further develop as production hubs, potentially adding pressure on traditional producers and encouraging innovation and efficiency improvements within the global supply chain.
Top countries in Export of Knitted or Crocheted Bedspreads Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 93.54 | 2023 | +1.05% | +1.24% | View data |
| 2 | 2 Portugal | 1.43 | 2023 | +4.44% | +5.09% | View data |
| 3 | 3 United Arab Emirates | 1.05 | 2023 | +4.02% | +0.11% | View data |
| 4 | 4 Germany | 0.96 | 2023 | +5.55% | +1.27% | View data |
| 5 | 5 Poland | 0.71 | 2023 | +5.25% | +0.79% | View data |
| 6 | 6 Belgium | 0.5 | 2023 | +3.92% | +6.08% | View data |
| 7 | 7 Sweden | 0.49 | 2023 | +5.41% | +1.86% | View data |
| 8 | 8 Slovakia | 0.44 | 2023 | +5.67% | +4.23% | View data |
| 9 | 9 India | 0.4 | 2023 | -14.3% | -13.53% | View data |
| 10 | 10 United Kingdom | 0.37 | 2023 | +3.9% | +1.49% | View data |
