According to Fibre2Fashion's market insight tool TexPro, bed products contributed $4.367 billion (21.49 per cent) in total home textiles of China during January-June 2022. The exports of other major home textile products were window $2.459 billion (12.10 per cent), bathroom & kitchen $1.809 billion (8.9 per cent), camping $1.696 billion (8.35 per cent), floor $1.2 billion (5.91 per cent) and furnishing articles $0.911 billion (4.48 per cent).
China's exports of made ups, however, are registering downtrend since 2020 when home textiles segment across the world saw unprecedented rise in demand. The sales of home textiles soared in 2020 as consumers were stuck in their homes due to COVID-19. The exports of made ups fell to $7.706 billion in January-June 2021 and to $6.174 billion in January-June 2022 from $33.340 billion in the corresponding period of 2020.
However, exports of bed articles recorded contradictory trend, as its exports dropped to $2.627 billion in January-June 2020, but recovered to $4.318 billion in the first half of 2021 and $4.367 billion in 2022, as per TexPro.
China's home textile exports soared to $78.624 billion in 2020 from $32.578 billion in 2019. But they dropped to $45.555 billion in 2021. China has exported $27.703 billion of home textiles in the first eight months of this year.
Fibre2Fashion News Desk (KUL)