World - Swivel Seats With Variable Height Adjustments - Market Analysis, Forecast, Size, Trends And Insights
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The article highlights the global swivel seat market trends, including consumption, production, imports, and exports from 2012 to 2022, with forecasts up to 2030. The market is expected to grow steadily in both volume and value terms, driven by demand for swivel seats with variable height adjustments. Key insights include leading consuming and producing countries, growth rates, and price trends in the market.
Market Forecast
Driven by increasing demand for swivel seats with variable height adjustments worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.9% for the period from 2022 to 2030, which is projected to bring the market volume to 171M units by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +5.3% for the period from 2022 to 2030, which is projected to bring the market value to $19.4B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Swivel Seats With Variable Height Adjustments
In 2022, consumption of swivel seats with variable height adjustments decreased by -1.5% to 135M units, falling for the second consecutive year after four years of growth. The total consumption volume increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak volume of 139M units. From 2021 to 2022, the growth of the global consumption remained at a somewhat lower figure.
The global swivel seat market value reduced modestly to $12.9B in 2022, with a decrease of -3.8% 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 +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at $13.4B in 2021, and then reduced in the following year.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were the United States (28M units), China (20M units) and Japan (7.9M units), together accounting for 42% of global consumption. Germany, Russia, Poland, the UK, Mexico, France, Canada, South Korea, Australia and the Philippines lagged somewhat behind, together comprising a further 28%.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by the Philippines (with a CAGR of +29.4%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest swivel seat markets worldwide were Japan ($2.2B), the United States ($1.4B) and China ($1.2B), with a combined 37% share of the global market. Germany, Russia, the UK, Poland, South Korea, France, Canada, Mexico, Australia and the Philippines lagged somewhat behind, together comprising a further 23%.
In terms of the main consuming countries, the Philippines, with a CAGR of +17.5%, recorded the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of swivel seat per capita consumption in 2022 were Poland (123 units per 1000 persons), Australia (95 units per 1000 persons) and the United States (85 units per 1000 persons).
From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +27.5%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Swivel Seats With Variable Height Adjustments
In 2022, global swivel seat production expanded modestly to 153M units, growing by 3.4% on 2021. Overall, the total production indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.2% against 2020 indices. The growth pace was the most rapid in 2018 when the production volume increased by 83% against the previous year. Global production peaked at 160M units in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.
In value terms, swivel seat production rose slightly to $13.5B in 2022 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 51%. As a result, production attained the peak level of $14.4B. From 2019 to 2022, global production growth remained at a lower figure.
Production By Country
China (109M units) remains the largest swivel seat producing country worldwide, accounting for 71% of total volume. Moreover, swivel seat production in China exceeded the figures recorded by the second-largest producer, Russia (5.1M units), more than tenfold. Japan (4.5M units) ranked third in terms of total production with a 2.9% share.
In China, swivel seat production increased at an average annual rate of +4.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (+8.7% per year) and Japan (+6.0% per year).
Imports
World Imports of Swivel Seats With Variable Height Adjustments
In 2022, after five years of growth, there was significant decline in purchases abroad of swivel seats with variable height adjustments, when their volume decreased by -14.3% to 88M units. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.5% 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 +67.0% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of 103M units, and then fell in the following year.
In value terms, swivel seat imports contracted markedly to $5.6B in 2022. Overall, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% 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 +53.0% against 2016 indices. The growth pace was the most rapid in 2021 when imports increased by 39%. As a result, imports reached the peak of $6.9B, and then contracted markedly in the following year.
Imports By Country
The United States was the main importing country with an import of around 29M units, which resulted at 33% of total imports. It was distantly followed by Germany (5.7M units), generating a 6.5% share of total imports. The following importers - Japan (3.4M units), the UK (3.1M units), the Netherlands (3M units), France (2.6M units), Canada (2.6M units), Poland (2.5M units), Australia (2.5M units), the Philippines (2.5M units), Mexico (1.9M units), Spain (1.7M units) and Thailand (1.5M units) - together made up 31% of total imports.
Imports into the United States increased at an average annual rate of +6.7% from 2012 to 2022. At the same time, the Philippines (+28.9%), Poland (+21.3%), Spain (+12.3%), Thailand (+9.4%), the UK (+8.8%), Germany (+8.5%), Australia (+7.4%), the Netherlands (+6.5%), Canada (+4.3%), Mexico (+3.6%) and France (+1.5%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in the world, with a CAGR of +28.9% from 2012-2022. Japan experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United States, the Philippines, Poland and Germany increased by +3.6, +2.4, +2.2 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($1.4B) constitutes the largest market for imported swivel seats with variable height adjustments worldwide, comprising 25% of global imports. The second position in the ranking was held by Germany ($457M), with an 8.1% share of global imports. It was followed by Japan, with a 4.9% share.
In the United States, swivel seat imports increased at an average annual rate of +4.0% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+8.2% per year) and Japan (+6.3% per year).
Import Prices By Country
The average swivel seat import price stood at $64 per unit in 2022, declining by -5.8% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 11% against the previous year. As a result, import price reached the peak level of $78 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($88 per unit), while Thailand ($1.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.7%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Swivel Seats With Variable Height Adjustments
In 2022, shipments abroad of swivel seats with variable height adjustments decreased by -6.7% to 106M units for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 341% against the previous year. Over the period under review, the global exports hit record highs at 113M units in 2021, and then contracted in the following year.
In value terms, swivel seat exports fell remarkably to $2.4B in 2022. Over the period under review, exports saw a noticeable descent. The most prominent rate of growth was recorded in 2020 when exports increased by 30%. Over the period under review, the global exports hit record highs at $7.8B in 2021, and then declined remarkably in the following year.
Exports By Country
China prevails in exports structure, amounting to 89M units, which was near 84% of total exports in 2022. The following exporters - Germany (2.4M units), Poland (1.8M units) and the Netherlands (1.7M units) - each accounted for a 5.6% share of total exports.
Exports from China increased at an average annual rate of +6.0% from 2012 to 2022. At the same time, the Netherlands (+20.9%) and Poland (+14.9%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +20.9% from 2012-2022. Germany experienced a relatively flat trend pattern. China (+2.9 p.p.) significantly strengthened its position in terms of the global exports, while Germany saw its share reduced by -1.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Germany ($435M) emerged as the largest swivel seat supplier worldwide, comprising 18% of global exports. The second position in the ranking was held by Poland ($174M), with a 7.1% share of global exports. It was followed by the Netherlands, with a 5.2% share.
From 2012 to 2022, the average annual growth rate of value in Germany totaled +2.5%. In the other countries, the average annual rates were as follows: Poland (+9.2% per year) and the Netherlands (+14.9% per year).
Export Prices By Country
In 2022, the average swivel seat export price amounted to $23 per unit, falling by -66.6% against the previous year. Over the period under review, the export price showed a abrupt slump. The growth pace was the most rapid in 2016 an increase of 84%. The global export price peaked at $251 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($180 per unit), while China (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the other global leaders experienced a decline in the export price figures.
This report provides an in-depth analysis of the global swivel seat market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 31001150 - Swivel seats with variable height adjustments (excluding medical, surgical, dental or veterinary, and barbers
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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