World - Button Blanks & Button Moulds - Market Analysis, Forecast, Size, Trends And Insights
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The global button blanks and moulds market is expected to see a decline in consumption over the next eight years, with a forecasted decrease in market performance and volume. The market is anticipated to experience a slight contraction in value terms, reaching $1.1B by 2030. In 2022, worldwide consumption increased by 5.3% compared to the previous year, with China, the Philippines, and the United States leading in consumption volume. Production of button blanks and moulds reached 41K tons in 2022, with China being the largest producer. Imports surged to 16K tons in 2022, while exports rose notably to $154M. China emerged as the main exporter, accounting for 43% of total exports.
Market Forecast
The button blanks and moulds market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.1% for the eight-year period from 2022 to 2030, which is projected to depress the market volume to 48K tons by the end of 2030.
In value terms, the market is forecast to contract with an anticipated CAGR of +2.6% for the period from 2022 to 2030, which is projected to bring the market value to $1.1B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Button Blanks & Button Moulds
In 2022, approx. 49K tons of button blanks & button moulds were consumed worldwide; with an increase of 5.3% on 2021. The total consumption volume increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked in 2022 and is likely to see gradual growth in the near future.
The global button blanks and moulds market value contracted slightly to $858M in 2022, which is down by -1.6% 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 +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $911M in 2020; however, from 2021 to 2022, consumption remained at a lower figure.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (7.8K tons), the Philippines (5.1K tons) and the United States (4.5K tons), together comprising 35% of global consumption. India, Myanmar, Japan, Brazil, Turkey, Free Zones, Indonesia, France, the UK and Bangladesh lagged somewhat behind, together accounting for a further 34%.
From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +71.7%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($123M), China ($89M) and Japan ($87M) constituted the countries with the highest levels of market value in 2022, with a combined 35% share of the global market. India, France, the UK, Indonesia, Brazil, the Philippines, Turkey, Bangladesh, Myanmar and Free Zones lagged somewhat behind, together accounting for a further 27%.
Myanmar, with a CAGR of +43.0%, saw the highest rates of growth with regard to market size in terms of the main consuming countries 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 button blanks and moulds per capita consumption in 2022 were Myanmar (51 kg per 1000 persons), the Philippines (45 kg per 1000 persons) and France (18 kg per 1000 persons).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Myanmar (with a CAGR of +70.6%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Button Blanks & Button Moulds
In 2022, global production of button blanks & button moulds contracted to 41K tons, waning by -7.4% against 2021 figures. The total output volume increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 26% against the previous year. Global production peaked at 45K tons in 2021, and then shrank in the following year.
In value terms, button blanks and moulds production totaled $847M in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by 29%. Over the period under review, global production reached the maximum level at $889M in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.
Production By Country
China (9.7K tons) constituted the country with the largest volume of button blanks and moulds production, accounting for 23% of total volume. Moreover, button blanks and moulds production in China exceeded the figures recorded by the second-largest producer, the United States (4.4K tons), twofold. The third position in this ranking was held by India (4.1K tons), with a 9.8% share.
In China, button blanks and moulds production remained relatively stable over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: the United States (-0.4% per year) and India (-2.4% per year).
Imports
World Imports of Button Blanks & Button Moulds
In 2022, the amount of button blanks & button moulds imported worldwide surged to 16K tons, growing by 60% on the previous year's figure. In general, total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +4.4% 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 +63.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, button blanks and moulds imports shrank modestly to $98M in 2022. Overall, imports, however, saw a slight downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 15% against the previous year. As a result, imports attained the peak of $114M. From 2019 to 2022, the growth of global imports remained at a somewhat lower figure.
Imports By Country
In 2022, the Philippines (4.7K tons), distantly followed by Myanmar (2.8K tons), China (1.6K tons), Free Zones (1.3K tons) and Bangladesh (1K tons) represented the major importers of button blanks & button moulds, together generating 73% of total imports. Turkey (573 tons), Hong Kong SAR (373 tons), Spain (345 tons), Indonesia (287 tons), Italy (284 tons), India (268 tons) and South Korea (255 tons) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Myanmar (with a CAGR of +71.7%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest button blanks and moulds importing markets worldwide were Bangladesh ($12M), Italy ($11M) and China ($9.6M), together comprising 32% of global imports. Myanmar, the Philippines, South Korea, Hong Kong SAR, Free Zones, Spain, Indonesia, Turkey and India lagged somewhat behind, together comprising a further 38%.
In terms of the main importing countries, Myanmar, with a CAGR of +43.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2022, the average button blanks and moulds import price amounted to $6,268 per ton, reducing by -38.4% against the previous year. In general, the import price recorded a deep reduction. The pace of growth was the most pronounced in 2021 an increase of 35%. Over the period under review, average import prices reached the peak figure at $11,163 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($36,926 per ton), while the Philippines ($1,148 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.6%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Button Blanks & Button Moulds
In 2022, shipments abroad of button blanks & button moulds increased by 1.4% to 8.1K tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. The global exports peaked at 9.2K tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.
In value terms, button blanks and moulds exports rose notably to $154M in 2022. Overall, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.7% 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 +59.4% against 2020 indices. The growth pace was the most rapid in 2013 when exports increased by 49% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the immediate term.
Exports By Country
In 2022, China (3.5K tons) represented the main exporter of button blanks & button moulds, committing 43% of total exports. It was distantly followed by Hong Kong SAR (1.2K tons), India (0.9K tons) and Ecuador (0.9K tons), together mixing up a 37% share of total exports. The following exporters - Italy (234 tons), Indonesia (220 tons) and Spain (201 tons) - together made up 8.1% of total exports.
Exports from China increased at an average annual rate of +5.4% from 2012 to 2022. At the same time, Spain (+12.9%), Italy (+4.7%), Indonesia (+3.7%) and Hong Kong SAR (+2.4%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the world, with a CAGR of +12.9% from 2012-2022. Ecuador experienced a relatively flat trend pattern. By contrast, India (-3.5%) illustrated a downward trend over the same period. China (+13 p.p.) and Spain (+1.6 p.p.) significantly strengthened its position in terms of the global exports, while India saw its share reduced by -8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest button blanks and moulds supplying countries worldwide were China ($49M), Hong Kong SAR ($44M) and India ($17M), with a combined 72% share of global exports. Ecuador, Italy, Indonesia and Spain lagged somewhat behind, together comprising a further 13%.
Spain, with a CAGR of +13.0%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average button blanks and moulds export price amounted to $18,923 per ton, growing by 8.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2020 an increase of 15%. The global export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($35,643 per ton), while Ecuador ($9,508 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.7%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global market for button blanks and moulds. 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 32992430 - Button blanks, button moulds and other parts of buttons
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
This report provides an in-depth analysis of the global market for button blanks and moulds.
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