Appliance Part Brush Market

Appliance part brush market: find newly released facts and figures empowered by an Ai-driven market intelligence platform. Info contain trade, production, companies, market prices, imports, market size, exports, and consumption. Here is a split by country, including China, the Middle East, Russia, Africa, EU, the U.S., Latin America, and the U.K. Market insights and forecast to 2030 are also provided in the snapshots.

The global market for brushes used in appliances is expected to see continued growth in demand, with a forecasted CAGR of +2.4% in volume and +4.3% in value from 2022 to 2030. By the end of 2030, the market volume is projected to reach 1.3B units, with a market value of $3.2B in nominal prices. Stay informed on the latest market performance and trends in this thriving industry.

Market Forecast

Driven by increasing demand for brushes constituting parts of appliances worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.4% for the period from 2022 to 2030, which is projected to bring the market volume to 1.3B units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.3% for the period from 2022 to 2030, which is projected to bring the market value to $3.2B (in in nominal wholesale prices) by the end of 2030.

Consumption

World Consumption of Brushes Constituting Parts Of Appliances

Global appliance part brush consumption stood at 1.1B units in 2022, picking up by 5.6% against 2021 figures. The total consumption volume increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked in 2022 and is expected to retain growth in the immediate term.

The global appliance part brush market size rose modestly to $2.3B in 2022, with an increase of 3.1% 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 +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $2.3B; afterwards, it flattened through to 2022.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were Germany (369M units), China (215M units) and India (85M units), together accounting for 61% of global consumption.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +7.3%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, Japan ($421M), Germany ($318M) and India ($141M) appeared to be the countries with the highest levels of market value in 2022, together accounting for 39% of the global market.

In terms of the main consuming countries, India, with a CAGR of +5.8%, recorded the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of appliance part brush per capita consumption was registered in Germany (4,445 units per 1000 persons), followed by Canada (509 units per 1000 persons), the UK (376 units per 1000 persons) and Japan (284 units per 1000 persons), while the world average per capita consumption of appliance part brush was estimated at 1.9 units per 1000 persons.

In Germany, appliance part brush per capita consumption expanded at an average annual rate of +7.0% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Canada (+3.8% per year) and the UK (-0.6% per year).

Production

World Production of Brushes Constituting Parts Of Appliances

In 2022, global appliance part brush production rose slightly to 1.4B units, picking up by 3.1% on 2021. Overall, the total production indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +2.3% 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 +58.0% against 2017 indices. The growth pace was the most rapid in 2018 with an increase of 46% against the previous year. Global production peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, appliance part brush production amounted to $2.3B in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 41% against the previous year. As a result, production reached the peak level of $2.9B. From 2014 to 2022, global production growth remained at a lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were China (648M units), Germany (376M units) and India (71M units), together comprising 78% of global production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Germany (with a CAGR of +5.6%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Brushes Constituting Parts Of Appliances

In 2022, supplies from abroad of brushes constituting parts of appliances decreased by -3.8% to 409M units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +4.8% 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 +58.4% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of 425M units, and then dropped slightly in the following year.

In value terms, appliance part brush imports declined modestly to $1.1B in 2022. Overall, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 +25.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, imports attained the peak of $1.1B, and then fell in the following year.

Imports By Country

In 2022, China (76M units) and the United States (71M units) represented the largest importers of brushes constituting parts of appliancesacross the globe, together creating 36% of total imports. Russia (22M units) held a 5.4% share (based on physical terms) of total imports, which put it in second place, followed by Mexico (5%) and Germany (4.6%). India (16M units), Canada (12M units), Malaysia (9.6M units), Thailand (8.5M units), France (7.5M units), Belarus (7.4M units), Japan (7.3M units) and the Philippines (6.8M units) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Philippines (with a CAGR of +26.1%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest appliance part brush importing markets worldwide were the United States ($121M), Germany ($86M) and China ($79M), together accounting for 27% of global imports. Mexico, Canada, France, Japan, Malaysia, Russia, Thailand, India, Belarus and the Philippines lagged somewhat behind, together comprising a further 24%.

Among the main importing countries, the Philippines, with a CAGR of +30.0%, saw 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

The average appliance part brush import price stood at $2.6 per unit in 2022, surging by 2.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 13%. Global import price peaked at $2.7 per unit in 2017; however, from 2018 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 France ($5.7 per unit), while India ($0.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+7.9%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Brushes Constituting Parts Of Appliances

After two years of growth, overseas shipments of brushes constituting parts of appliances decreased by -4.4% to 709M units in 2022. Over the period under review, exports, however, continue to indicate tangible growth. The pace of growth appeared the most rapid in 2018 when exports increased by 103% against the previous year. Over the period under review, the global exports attained the peak figure at 741M units in 2021, and then fell modestly in the following year.

In value terms, appliance part brush exports fell to $1.1B in 2022. In general, total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +50.9% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, the exports attained the peak of $1.1B, and then reduced in the following year.

Exports By Country

China prevails in exports structure, reaching 509M units, which was approx. 72% of total exports in 2022. It was distantly followed by Hong Kong SAR (40M units), committing a 5.7% share of total exports. The following exporters - Germany (26M units), Vietnam (21M units) and the United States (18M units) - together made up 9.1% of total exports.

Exports from China increased at an average annual rate of +4.2% from 2012 to 2022. At the same time, Vietnam (+23.9%) and Hong Kong SAR (+7.1%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +23.9% from 2012-2022. By contrast, the United States (-4.6%) and Germany (-6.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Vietnam and Hong Kong SAR increased by +8.2, +2.4 and +1.8 percentage points, respectively.

In value terms, the largest appliance part brush supplying countries worldwide were China ($291M), Germany ($223M) and the United States ($118M), together comprising 57% of global exports. Vietnam and Hong Kong SAR lagged somewhat behind, together accounting for a further 3.3%.

Among the main exporting countries, Hong Kong SAR, with a CAGR of +11.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average appliance part brush export price stood at $1.6 per unit in 2022, with an increase of 1.6% against the previous year. Over the period under review, the export price recorded a slight increase. The growth pace was the most rapid in 2015 when the average export price increased by 60% against the previous year. Over the period under review, the average export prices hit record highs at $2.8 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($8.6 per unit), while Hong Kong SAR ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform