ASEAN: Market for Hair Brushes And Shaving And Toilet Brushes For Personal Use 2024

Market Size for Hair Brushes And Shaving And Toilet Brushes For Personal Use in ASEAN

In 2022, the ASEAN market for hair brushes and shaving and toilet brushes for personal use increased by 3.2% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

Production of Hair Brushes And Shaving And Toilet Brushes For Personal Use in ASEAN

In value terms, hair, shaving and toilet brush production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the production volume increased by 20% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Exports in ASEAN

In 2022, exports of hair brushes and shaving and toilet brushes for personal use in ASEAN rose markedly to X units, growing by 15% compared with 2021. In general, exports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2015 when exports increased by 25% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, hair, shaving and toilet brush exports dropped slightly to $X in 2022. The total export value increased at an average annual rate of +3.0% over the period 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 2021 with an increase of 27% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X units) and Vietnam (X units) prevails in exports structure, together achieving 85% of total exports. It was distantly followed by Malaysia (X units), comprising an 8.3% share of total exports. Singapore (X units) and Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +10.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the largest hair, shaving and toilet brush supplier in ASEAN, comprising 40% of total exports. The second position in the ranking was taken by Singapore ($X), with a 20% share of total exports. It was followed by Thailand, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam stood at +5.3%. In the other countries, the average annual rates were as follows: Singapore (+27.0% per year) and Thailand (-2.5% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, dropping by -14.5% against the previous year. Export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +9.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hair, shaving and toilet brush export price increased by +18.4% against 2020 indices. The growth pace was the most rapid in 2013 when the export price increased by 51%. The level of export peaked at $X per unit in 2021, and then shrank in the following year.

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 Indonesia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+14.6%), while the other leaders experienced more modest paces of growth.

Imports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Imports in ASEAN

In 2022, supplies from abroad of hair brushes and shaving and toilet brushes for personal use increased by 43% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, showed a deep slump. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, hair, shaving and toilet brush imports expanded remarkably to $X in 2022. Total imports indicated a slight expansion from 2012 to 2022: its value 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. The growth pace was the most rapid in 2017 when imports increased by 35% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Thailand (X units) represented the largest importer of hair brushes and shaving and toilet brushes for personal use, constituting 51% of total imports. Malaysia (X units) took a 17% share (based on physical terms) of total imports, which put it in second place, followed by the Philippines (9.5%), Indonesia (8.4%), Singapore (6.1%) and Myanmar (5.5%). Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to hair, shaving and toilet brush imports into Thailand stood at +3.0%. At the same time, Myanmar (+21.2%), Indonesia (+7.3%), Malaysia (+2.8%) and Singapore (+2.1%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +21.2% from 2012-2022. Vietnam experienced a relatively flat trend pattern. By contrast, the Philippines (-22.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, Malaysia, Indonesia, Myanmar and Singapore increased by +31, +10, +6.2, +5.1 and +3.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest hair, shaving and toilet brush importing markets in ASEAN were Thailand ($X), Malaysia ($X) and Singapore ($X), with a combined 53% share of total imports. The Philippines, Indonesia, Myanmar and Vietnam lagged somewhat behind, together accounting for a further 45%.

In terms of the main importing countries, Myanmar, with a CAGR of +18.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, waning by -23.5% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2014 an increase of 33%. The level of import peaked at $X per unit in 2019; however, from 2020 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 Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+20.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform