Bedspreads: knitted or crocheted

In 2024, bedspreads: knitted or crocheted trade exhibited strong growth, with global flows reaching $172,093,528 and a three-year compound annual growth rate of +3.2% (five-year: +4.6%). The all-time peak of $192,428,914 was recorded in 2014; the current level is 11% below that high-water mark.

Over the 30-year observation window (1995–2024), 69% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+4.3% acceleration).

The World Trade Flows Characterization classifies bedspreads: knitted or crocheted as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.551). The three largest exporters — China ($127.5M), Vietnam ($15.6M), and Türkiye ($8.9M) — collectively dominate supply flows. The leading exporter has grown at +0.2% over the last three years.

On the demand side, importer concentration is moderately concentrated (HHI 0.215). The three largest import markets are United States ($77.7M), Germany ($6.9M), and Japan ($6.7M). The largest importing market sources from 40 different supplying countries.

Estimated substitution elasticity: -2.51. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is China → United States at $66.3M, representing 85.3% of the importer's total demand.

The volatility score for bedspreads: knitted or crocheted is 10 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, strong demand tailwinds create a favourable entry environment. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

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