Quilted textile products: in the piece, composed of one or more layers of textile materials assembled with padding by stitching or otherwise (excluding embroidery of heading no. 5810)

In 2024, quilted textile products: in the piece, composed of one or more layers of textile materials assembled with padding by stitching or otherwise (excluding embroidery of heading no. 5810) trade exhibited significant decline, with global flows reaching $242,784,578 and a three-year compound annual growth rate of -2.2% (five-year: -1.1%). The all-time peak of $321,391,096 was recorded in 2000; the current level is 24% below that high-water mark.

Over the 30-year observation window (1995–2024), 55% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (-0.5% acceleration).

The World Trade Flows Characterization classifies quilted textile products: in the piece, composed of one or more layers of textile materials assembled with padding by stitching or otherwise (excluding embroidery of heading no. 5810) as "Two-way vertical trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.182). The three largest exporters — China ($97.7M), Italy ($20.4M), and Canada ($16.1M) — collectively dominate supply flows. The leading exporter has grown at -1.0% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.030). The three largest import markets are United States ($26.5M), Vietnam ($12.5M), and Mexico ($11.0M). The largest importing market sources from 42 different supplying countries.

Estimated substitution elasticity: -7.37. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Canada → United States at $15.3M, representing 57.8% of the importer's total demand.

The volatility score for quilted textile products: in the piece, composed of one or more layers of textile materials assembled with padding by stitching or otherwise (excluding embroidery of heading no. 5810) is 4 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.