HS Code:
Bedspreads, classified under HS Code 6304.19, encompass a variety of textile products used for covering beds, including bed covers, quilts, and duvet covers not stuffed or internally fitted. These products are primarily made from cotton, synthetic fibers, or blends and are traded globally for both household and commercial use. The category excludes bed linen like sheets and pillowcases, focusing on decorative and protective outer coverings. The global trade of bedspreads reflects consumer preferences for home decor, seasonal trends, and the influence of textile manufacturing hubs.
Total Trade Volume
USD 2.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 1.2 billion
48% of total trade of total trade
Increasing
USD 500 million
20% of total trade of total trade
Increasing
USD 300 million
12% of total trade of total trade
Stable
USD 200 million
8% of total trade of total trade
Increasing
USD 150 million
6% of total trade of total trade
Increasing
Average Rate
8.5%
Highest Rate
20% (applied by certain developing countries to protect local textile industries)
Lowest Rate
0% (under free trade agreements like EU-India or USMCA)
Rising demand for sustainable and organic bedspreads
Increased market share for eco-friendly products, pushing manufacturers to adopt organic cotton and low-impact dyes
2021-2023
Growth in e-commerce sales channels
Direct-to-consumer brands and online marketplaces like Amazon have boosted global access, benefiting exporters from Asia
2020-2022
Shift toward minimalist and customizable designs
Manufacturers are focusing on neutral tones and personalized options, influencing production in major exporting countries
2022-2023
The European Union introduced stricter sustainability standards for imported bedspreads, requiring proof of eco-friendly production processes.
June 2023
Exporters from developing countries may face higher compliance costs, potentially reducing trade volumes to the EU in the short term.
A partial reduction in tariffs on Chinese textile products, including bedspreads, was agreed upon as part of ongoing trade negotiations.
March 2023
This is expected to boost Chinese exports to the US, maintaining its dominance in the market.
The Indian government introduced subsidies for textile exporters to enhance competitiveness in the global market.
January 2023
Indian bedspread exports are projected to grow by 10-15% in 2023, challenging other major exporters.