Asia-Pacific: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Asia-Pacific

The Asia-Pacific eye make-up preparations market stood at $X in 2022, surging by 3.7% against the previous year. Overall, consumption showed buoyant growth. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Eye Make-Up Preparations Production in Asia-Pacific

In value terms, eye make-up preparations production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw strong growth. The pace of growth was the most pronounced in 2018 with an increase of 32%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Eye Make-Up Preparations Exports

Exports in Asia-Pacific

In 2022, approx. X tons of eye make-up preparations were exported in Asia-Pacific; shrinking by -13.3% on the previous year's figure. Overall, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 35% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, eye make-up preparations exports fell to $X in 2022. In general, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by 27%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China dominates exports structure, resulting at X tons, which was approx. 74% of total exports in 2022. It was distantly followed by South Korea (X tons), comprising a 7% share of total exports. The following exporters - Taiwan (Chinese) (X tons), Japan (X tons), Singapore (X tons) and Hong Kong SAR (X tons) - together made up 15% of total exports.

Exports from China increased at an average annual rate of +6.4% from 2012 to 2022. At the same time, South Korea (+14.5%), Japan (+3.6%) and Hong Kong SAR (+3.3%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +14.5% from 2012-2022. Taiwan (Chinese) and Singapore experienced a relatively flat trend pattern. From 2012 to 2022, the share of China and South Korea increased by +5.4 and +3.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest eye make-up preparations supplier in Asia-Pacific, comprising 42% of total exports. The second position in the ranking was taken by Japan ($X), with a 17% share of total exports. It was followed by South Korea, with a 17% share.

In China, eye make-up preparations exports increased at an average annual rate of +9.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (+5.8% per year) and South Korea (+21.4% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2015 when the export price increased by 12% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.2%), while the other leaders experienced more modest paces of growth.

Eye Make-Up Preparations Imports

Imports in Asia-Pacific

In 2022, purchases abroad of eye make-up preparations increased by 5.5% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +4.2% 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 2018 with an increase of 15% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, eye make-up preparations imports shrank to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.6% 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 +8.1% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 26% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

The countries with the highest levels of eye make-up preparations imports in 2022 were Japan (X tons), Australia (X tons), Indonesia (X tons), India (X tons) and Hong Kong SAR (X tons), together accounting for 64% of total import. It was distantly followed by Thailand (X tons), Singapore (X tons) and Taiwan (Chinese) (X tons), together achieving a 15% share of total imports. The following importers - China (X tons), Pakistan (X tons), Malaysia (X tons), South Korea (X tons) and the Philippines (X tons) - together made up 15% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of +14.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Australia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 53% of total imports.

China, with a CAGR of +16.7%, saw the highest rates of growth with regard to the value of imports, among 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-Pacific stood at $X per ton in 2022, dropping by -11.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2018 an increase of 9.4% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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