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U.S. Textile Bag and Canvas Market Analysis and Forecast to 2025

  • ID: 3497996
  • Report
  • Region: United States
  • IndexBox Inc.
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China's Imports Bounces Back after Two Years of Decline

FEATURED COMPANIES

  • Adco Products
  • Anchor Industries
  • C. R. Daniels
  • Duluth Trading Company
  • Holland Awning
  • MPC Group
  • MORE

The revenue of the textile bag and canvas market in the U.S. amounted to $7B in 2018, increasing by 7.8% against 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). The market value increased at an average annual rate of +6.4% over the period from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 18% against the previous year. Over the period under review, the textile bag and canvas market attained its maximum level in 2018 and is expected to retain its growth in the near future.

Production of Textile Bags and Canvases in the U.S.

In value terms, textile bag and canvas production amounted to $4B in 2018. The total output value increased at an average annual rate of +8.3% from 2013 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2014 when production volume increased by 20% against the previous year. Textile bag and canvas production peaked in 2018 and is expected to retain its growth in the immediate term.

Exports from the U.S.

In 2018, the amount of textile bags and canvases exported from the U.S. stood at 6.5K tonnes, growing by 51% against the previous year. Over the period under review, textile bag and canvas exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 51% y-o-y. Over the period under review, textile bag and canvas exports reached their peak figure at 7K tonnes in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

In value terms, textile bag and canvas exports totaled $47M (estimates) in 2018. Overall, textile bag and canvas exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 36% against the previous year. Exports peaked at $59M in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

Thailand (578 tonnes), Australia (567 tonnes) and Trinidad and Tobago (464 tonnes) were the main destinations of textile bag and canvas exports from the U.S., with a combined 25% share of total exports. These countries were followed by Viet Nam, Poland, China, India, Russia, Malaysia, Nicaragua, the Dominican Republic and Costa Rica, which together accounted for a further 46%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Viet Nam (+1,030.1% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for textile bag and canvas exported from the U.S. were Poland ($7.6M), Australia ($6.7M) and the Dominican Republic ($4.4M), with a combined 40% share of total exports. Costa Rica, China, Trinidad and Tobago, India, Nicaragua, Viet Nam, Thailand, Malaysia and Russia lagged somewhat behind, together comprising a further 18%.

In terms of the main countries of destination, Viet Nam (+393.6% per year) recorded the highest rates of growth with regard to exports, over the last five years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average textile bag and canvas export price stood at $7,219 per tonne in 2018, waning by -45.8% against the previous year. Overall, the export price indicated a slight increase from 2013 to 2018: its price increased at an average annual rate of +1.3% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average export price increased by 52% against the previous year. In that year, the average export prices for textile bags and canvases reached their peak level of $13,329 per tonne, and then declined slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Poland ($17,736 per tonne), while the average price for exports to Russia ($272 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+55.6% per year), while the prices for the other major destinations experienced more modest paces of growth.

Imports into the U.S.

In 2018, the textile bag and canvas imports into the U.S. totaled 351K tonnes, rising by 8% against the previous year. The total import volume increased at an average annual rate of +2.1% over the period from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 8% against the previous year. Over the period under review, textile bag and canvas imports attained their maximum at 360K tonnes in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, textile bag and canvas imports totaled $1.5B (estimates) in 2018. Overall, textile bag and canvas imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 8.9% against the previous year. Imports peaked at $1.6B in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (197K tonnes) constituted the largest supplier of textile bag and canvas to the U.S., with a 56% share of total imports. Moreover, textile bag and canvas imports from China exceeded the figures recorded by the second-largest supplier, India (83K tonnes), twofold. The third position in this ranking was occupied by Bangladesh (25K tonnes), with a 7.1% share.

From 2013 to 2018, the average annual growth rate of volume from China amounted to -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+13.0% per year) and Bangladesh (+7.4% per year).

In value terms, China ($905M) constituted the largest supplier of textile bag and canvas to the U.S., comprising 62% of total textile bag and canvas imports. The second position in the ranking was occupied by India ($218M), with a 15% share of total imports. It was followed by Bangladesh, with a 8.4% share.

From 2013 to 2018, the average annual rate of growth in terms of value from China stood at -3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+11.5% per year) and Bangladesh (+5.9% per year).

After two years of decline, Chinese imports of textile bag and canvas into the U.S. rebounded in 2018, with an increase of 8.5% y-o-y.

Import Prices by Country

In 2018, the average textile bag and canvas import price amounted to $4,139 per tonne, standing approx. at the previous year. In general, the textile bag and canvas import price, however, continues to indicate a temperate descent. The growth pace was the most rapid in 2018 an increase of 0.8% against the previous year. Over the period under review, the average import prices for textile bags and canvases attained their maximum at $4,572 per tonne in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Bangladesh ($4,877 per tonne), while the price for India ($2,627 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced a decline.

The report provides on an in-depth study of the U.S. textile bag market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains existing data on the biggest players in the industry.

Companies mentioned:

  • DHS Systems
  • Rainier Industries
  • Covercraft Industries
  • Duluth Trading Company
  • North Sails Group
  • J & M Industries
  • Anchor Industries
  • Thomas Sign and Awning Company
  • Holland Awning
  • Outdoor Research
  • HDT Expeditionary Systems
  • Veada Industries
  • C. R. Daniels
  • Bestop
  • Starr Aircraft Products
  • ADM Corporation
  • Kenneth Fox Supply Company
  • Polytex Fibers
  • Adco Products
  • Marine Accessories Corporation
  • Gleason Corporation
  • Webasto-Edscha Cabrio USA
  • Outdoor Venture Corporation
  • Magna Car Top Systems of America
  • MPC Group
  • AJR Enterprises
  • Targus Group International
  • Bluewater Defense
  • Mondi Bags USA

Data coverage:

  • Textile bag market size;
  • Textile bag production, value of shipments;
  • Key market players and their profiles;
  • Exports, imports and trade balance;
  • Import and export prices;
  • Forecast of the market dynamics in the medium term;
  • Key industry statistics;
  • Life cycle of the textile bag industry;
  • Number of establishments and their locations;
  • Employment data;
  • Textile bag industry productivity.

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

1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Adco Products
  • Anchor Industries
  • C. R. Daniels
  • Duluth Trading Company
  • Holland Awning
  • MPC Group
  • MORE

1. Introduction
Making Data-Driven Decisions To Grow Your Business
1.1 Report Description
1.2 Research Methodology And Ai Platform
1.3 Data-Driven Decisions For Your Business
1.4 Glossary And Specific Terms

2. Executive Summary
A Quick Overview Of Market Performance
2.1 Key Findings
2.2 Market Trends

3. Market Overview
Understanding The Current State Of The Market And Its Prospects
3.1 Market Size
3.2 Market Structure
3.3 Trade Balance
3.4 Per Capita Consumption
3.5 Market Forecast To 2025

4. Most Promising Products
Finding New Products To Diversify Your Business
4.1 Top Products To Diversify Your Business
4.2 Best-Selling Products Worldwide
4.3 Most Consumed Product Worldwide
4.4 Most Traded Product
4.5 Most Profitable Product For Export

5. Most Promising Supplying Countries
Choosing The Best Countries To Establish Your Sustainable Supply Chain
5.1 Top Countries To Source Your Product
5.2 Top Producing Countries
5.3 Top Exporting Countries
5.4 Low-Cost Exporting Countries

6. Most Promising Overseas Markets
Choosing The Best Countries To Boost Your Exports
6.1 Top Overseas Markets For Exporting Your Product
6.2 Top Consuming Markets
6.3 Unsaturated Markets
6.4 Top Importing Markets
6.5 Most Profitable Markets

7. Production
The Latest Trends And Insights Into The Industry
7.1 Production Volume And Value

8. Imports
The Largest Importers On The Market And How They Succeed
8.1 Imports From 2007-2017
8.2 Imports By Country
8.3 Import Prices By Country

9. Exports
The Largest Exporters On The Market And How They Succeed
9.1 Exports From 2007-2017
9.2 Exports By Country
9.3 Export Prices By Country

10. Profiles Of Major Producers
The Largest Producers On The Market And Their Profiles

List Of Tables
Table 1: Key Findings In 2017
Table 2: Market Volume, In Physical Terms, 2007-2017
Table 3: Market Value, 2007-2017
Table 4: Per Capita Consumption In 2007-2017
Table 5: Imports, In Physical Terms, By Country, 2007-2017
Table 6: Imports, In Value Terms, By Country, 2007-2017
Table 7: Import Prices, By Country Of Origin, 2007-2017
Table 8: Exports, In Physical Terms, By Country, 2007-2017
Table 9: Exports, In Value Terms, By Country, 2007-2017
Table 10: Export Prices, By Country Of Destination, 2007-2017

List Of Figures
Figure 1: Market Volume, In Physical Terms, 2007-2017
Figure 2: Market Value, 2007-2017
Figure 3: Market Structure - Domestic Supply Vs. Imports, In Physical Terms, 2007-2017
Figure 4: Market Structure - Domestic Supply Vs. Imports, In Value Terms, 2007-2017
Figure 5: Trade Balance, In Physical Terms, 2007-2017
Figure 6: Trade Balance, In Value Terms, 2007-2017
Figure 7: Per Capita Consumption, 2007-2017
Figure 8: Market Forecast To 2025
Figure 9: Products: Market Size And Growth, By Type
Figure 10: Products: Average Per Capita Consumption, By Type
Figure 11: Products: Exports And Growth, By Type
Figure 12: Products: Export Prices And Growth, By Type
Figure 13: Production Volume And Growth
Figure 14: Exports And Growth
Figure 15: Export Prices And Growth
Figure 16: Market Size And Growth
Figure 17: Per Capita Consumption
Figure 18: Imports And Growth
Figure 19: Import Prices
Figure 20: Production, In Physical Terms, 2007-2017
Figure 21: Production, In Value Terms, 2007-2017
Figure 22: Imports, In Physical Terms, 2007-2017
Figure 23: Imports, In Value Terms, 2007-2017
Figure 24: Imports, In Physical Terms, By Country, 2017
Figure 25: Imports, In Physical Terms, By Country, 2007-2017
Figure 26: Imports, In Value Terms, By Country, 2007-2017
Figure 27: Import Prices, By Country Of Origin, 2007-2017
Figure 28: Exports, In Physical Terms, 2007-2017
Figure 29: Exports, In Value Terms, 2007-2017
Figure 30: Exports, In Physical Terms, By Country, 2017
Figure 31: Exports, In Physical Terms, By Country, 2007-2017
Figure 32: Exports, In Value Terms, By Country, 2007-2017
Figure 33: Export Prices, By Country Of Destination, 2007-2017

Note: Product cover images may vary from those shown
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  • ADM Corporation
  • AJR Enterprises
  • Adco Products
  • Anchor Industries
  • Bestop
  • Bluewater Defense
  • C. R. Daniels
  • Covercraft Industries
  • DHS Systems
  • Duluth Trading Company
  • Gleason Corporation
  • HDT Expeditionary Systems
  • Holland Awning
  • J & M Industries
  • Kenneth Fox Supply Company
  • MPC Group
  • Magna Car Top Systems of America
  • Marine Accessories Corporation
  • Mondi Bags USA
  • North Sails Group
  • Outdoor Research
  • Outdoor Venture Corporation
  • Polytex Fibers
  • Rainier Industries
  • Starr Aircraft Products
  • Targus Group International
  • Thomas Sign and Awning Company
  • Veada Industries
  • Webasto-Edscha Cabrio USA
Note: Product cover images may vary from those shown
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