Metal Frame Non-Upholstered Seat Market

The article analyzes the global market trends for non-upholstered seats with metal frames, projecting an increase in both volume and value over the next eight years. Key consuming countries such as the United States, China, and India are identified, along with trends in production, imports, and exports. From 2012 to 2022, consumption and production showed steady growth rates, with noticeable fluctuations. Imports and exports also experienced growth, with China dominating the export market. The average import and export prices also saw increases, with the Netherlands having the highest prices. Overall, the global market for non-upholstered seats with metal frames is expected to continue its upward trajectory in the near future.

Market Forecast

Driven by increasing demand for non-upholstered seats with metal frames worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.8% for the period from 2022 to 2030, which is projected to bring the market volume to 698M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.0% for the period from 2022 to 2030, which is projected to bring the market value to $22.2B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Non-Upholstered Seats With Metal Frames

In 2022, consumption of non-upholstered seats with metal frames increased by 5.4% to 653M units, rising for the sixth year in a row after four years of decline. The total consumption volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Global consumption peaked in 2022 and is expected to retain growth in the immediate term.

The global metal frame non-upholstered seat market revenue amounted to $17.5B in 2022, increasing by 8.4% 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 +2.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked in 2022 and is likely to continue growth in the immediate term.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were the United States (137M units), China (109M units) and India (57M units), with a combined 46% share of global consumption. Pakistan, Belgium, Brazil, Bangladesh, Indonesia, Mexico, Germany, the UK, Canada and Spain lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Belgium (with a CAGR of +17.5%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($3.2B), China ($1.9B) and India ($1.5B) constituted the countries with the highest levels of market value in 2022, together comprising 37% of the global market. Indonesia, Mexico, Pakistan, Germany, Belgium, the UK, Canada, Bangladesh, Spain and Brazil lagged somewhat behind, together comprising a further 32%.

Belgium, with a CAGR of +16.0%, recorded the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of metal frame non-upholstered seat per capita consumption was registered in Belgium (2,066 units per 1000 persons), followed by Canada (416 units per 1000 persons), the United States (408 units per 1000 persons) and Spain (293 units per 1000 persons), while the world average per capita consumption of metal frame non-upholstered seat was estimated at 83 units per 1000 persons.

In Belgium, metal frame non-upholstered seat per capita consumption increased at an average annual rate of +16.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Canada (+2.2% per year) and the United States (+4.3% per year).

Production

World Production of Non-Upholstered Seats With Metal Frames

In 2022, production of non-upholstered seats with metal frames increased by 0.3% to 624M units, rising for the fifth consecutive year after three years of decline. In general, the total production indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +71.2% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 61%. Over the period under review, global production hit record highs in 2022 and is expected to retain growth in the immediate term.

In value terms, metal frame non-upholstered seat production totaled $15B in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by 20%. Over the period under review, global production attained the maximum level at $15.4B in 2019; however, from 2020 to 2022, production remained at a lower figure.

Production By Country

The country with the largest volume of metal frame non-upholstered seat production was China (371M units), accounting for 59% of total volume. Moreover, metal frame non-upholstered seat production in China exceeded the figures recorded by the second-largest producer, India (57M units), sevenfold. The third position in this ranking was taken by Pakistan (29M units), with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume in China amounted to +1.8%. In the other countries, the average annual rates were as follows: India (+1.8% per year) and Pakistan (+1.7% per year).

Imports

World Imports of Non-Upholstered Seats With Metal Frames

In 2022, overseas purchases of non-upholstered seats with metal frames increased by 3.1% to 360M units, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +3.7% 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 +31.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Global imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, metal frame non-upholstered seat imports rose significantly to $9.5B in 2022. In general, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.1% 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 +53.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports By Country

The United States represented the major importing country with an import of around 139M units, which recorded 39% of total imports. It was distantly followed by Belgium (27M units), Germany (19M units) and the UK (17M units), together making up an 18% share of total imports. Canada (13M units), Spain (13M units), France (12M units), the Netherlands (11M units), South Korea (8.8M units), Australia (6.8M units), Italy (6.4M units), Japan (6.1M units) and Sweden (5.7M units) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +4.9% from 2012 to 2022. At the same time, Belgium (+15.0%), South Korea (+9.5%), the UK (+9.5%), Spain (+9.2%), Canada (+3.8%), Japan (+2.6%), Sweden (+2.1%) and Australia (+1.6%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in the world, with a CAGR of +15.0% from 2012-2022. Italy, the Netherlands and France experienced a relatively flat trend pattern. By contrast, Germany (-1.4%) illustrated a downward trend over the same period. While the share of Belgium (+4.8 p.p.), the United States (+4.2 p.p.) and the UK (+2 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of France (-1.9 p.p.) and Germany (-3.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($3.3B) constitutes the largest market for imported non-upholstered seats with metal frames worldwide, comprising 34% of global imports. The second position in the ranking was taken by Germany ($825M), with an 8.7% share of global imports. It was followed by the Netherlands, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled +5.1%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+6.4% per year) and the Netherlands (+9.1% per year).

Import Prices By Country

The average metal frame non-upholstered seat import price stood at $26 per unit in 2022, picking up by 5.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2017 an increase of 15%. As a result, import price reached the peak level of $27 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($49 per unit), while Belgium ($8.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.2%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Non-Upholstered Seats With Metal Frames

In 2022, approx. 331M units of non-upholstered seats with metal frames were exported worldwide; which is down by -5.9% against 2021 figures. In general, exports, however, enjoyed temperate growth. The pace of growth appeared the most rapid in 2018 when exports increased by 240% against the previous year. The global exports peaked at 352M units in 2021, and then dropped in the following year.

In value terms, metal frame non-upholstered seat exports amounted to $7.1B in 2022. Over the period under review, total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.3% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. The global exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports By Country

China dominates exports structure, finishing at 263M units, which was near 79% of total exports in 2022. It was distantly followed by Vietnam (17M units), comprising a 5.2% share of total exports. The Netherlands (6.3M units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to metal frame non-upholstered seat exports from China stood at +2.6%. At the same time, Vietnam (+23.4%) and the Netherlands (+9.7%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +23.4% from 2012-2022. While the share of Vietnam (+4.4 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of China (-4.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($4.3B) remains the largest metal frame non-upholstered seat supplier worldwide, comprising 61% of global exports. The second position in the ranking was held by Vietnam ($394M), with a 5.5% share of global exports.

In China, metal frame non-upholstered seat exports expanded at an average annual rate of +3.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+15.6% per year) and the Netherlands (+11.6% per year).

Export Prices By Country

The average metal frame non-upholstered seat export price stood at $22 per unit in 2022, surging by 11% against the previous year. Over the period under review, the export price showed mild growth. The most prominent rate of growth was recorded in 2017 an increase of 118%. As a result, the export price attained the peak level of $57 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($48 per unit), while China ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.8%), while the other global leaders experienced mixed trends in the export price figures.

Source: IndexBox Market Intelligence Platform