Asia: 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 Asia

The Asian market for hair brushes and shaving and toilet brushes for personal use totaled $X in 2022, picking up by 2% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

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

In value terms, hair, shaving and toilet brush production shrank to $X in 2022 estimated in export price. The total production indicated a temperate increase from 2012 to 2022: its value 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 +1.4% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 118% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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

Exports in Asia

In 2022, shipments abroad of hair brushes and shaving and toilet brushes for personal use increased by 13% to X units, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +4.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 22%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, hair, shaving and toilet brush exports soared to $X in 2022. Over the period under review, exports showed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 47%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

China prevails in exports structure, recording X units, which was near 96% of total exports in 2022. Taiwan (Chinese) (X units) held a little share of total exports.

Exports from China increased at an average annual rate of +5.3% from 2012 to 2022. At the same time, Taiwan (Chinese) (+16.0%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Asia, with a CAGR of +16.0% from 2012-2022. While the share of China (+5.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest hair, shaving and toilet brush supplier in Asia, comprising 93% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 0.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value in China stood at +18.3%.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, rising by 17% against the previous year. Overall, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when the export price increased by 29% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per unit), while Taiwan (Chinese) stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.3%).

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

Imports in Asia

In 2022, the amount of hair brushes and shaving and toilet brushes for personal use imported in Asia was estimated at X units, increasing by 11% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, hair, shaving and toilet brush imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of +3.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

China was the main importer of hair brushes and shaving and toilet brushes for personal use in Asia, with the volume of imports accounting for X units, which was approx. 48% of total imports in 2022. It was distantly followed by India (X units), Japan (X units), South Korea (X units) and Thailand (X units), together constituting a 32% share of total imports. The following importers - the United Arab Emirates (X units), Turkey (X units), Taiwan (Chinese) (X units), Hong Kong SAR (X units), Iraq (X units) and Malaysia (X units) - together made up 14% of total imports.

From 2012 to 2022, average annual rates of growth with regard to hair, shaving and toilet brush imports into China stood at +5.0%. At the same time, Iraq (+24.9%), India (+24.1%), Turkey (+10.1%), Taiwan (Chinese) (+8.9%), South Korea (+5.8%), the United Arab Emirates (+5.3%), Thailand (+3.0%) and Malaysia (+2.8%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in Asia, with a CAGR of +24.9% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-18.0%) illustrated a downward trend over the same period. While the share of India (+13 p.p.), China (+11 p.p.) and Turkey (+1.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Japan (-2.3 p.p.) and Hong Kong SAR (-13.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), South Korea ($X) and China ($X) were the countries with the highest levels of imports in 2022, together comprising 58% of total imports. India, the United Arab Emirates, Turkey, Taiwan (Chinese), Hong Kong SAR, Thailand, Malaysia and Iraq lagged somewhat behind, together accounting for a further 26%.

Iraq, with a CAGR of +18.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, reducing by -8.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2016 an increase of 13%. Over the period under review, import prices reached the peak figure at $X per unit in 2021, and then shrank in the following year.

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 Japan ($X per unit), while China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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