Asia-Pacific: 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-Pacific

The Asia-Pacific market for hair brushes and shaving and toilet brushes for personal use was estimated at $X in 2022, picking up by 2.1% against the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

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

In value terms, hair, shaving and toilet brush production fell to $X in 2022 estimated in export price. Over the period under review, production recorded a notable expansion. The pace of growth was the most pronounced in 2018 with an increase of 141%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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

Exports in Asia-Pacific

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 year in a row 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 growth pace was 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 skyrocketed to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

China prevails in exports structure, resulting at X units, which was near 96% of total exports in 2022. Taiwan (Chinese) (X units) followed a long way behind the leaders.

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-Pacific, with a CAGR of +16.0% from 2012-2022. From 2012 to 2022, the share of China increased by +5.4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest hair, shaving and toilet brush supplier in Asia-Pacific, comprising 94% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 0.5% share of total exports.

In China, hair, shaving and toilet brush exports expanded at an average annual rate of +18.3% over the period from 2012-2022.

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, with an increase of 17% against the previous year. Overall, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when the export price increased by 29%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

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 China ($X per unit), while Taiwan (Chinese) totaled $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-Pacific

In 2022, overseas purchases of hair brushes and shaving and toilet brushes for personal use increased by 12% to X units, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, hair, shaving and toilet brush imports expanded markedly to $X in 2022. Total imports indicated a measured increase 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, imports increased by +27.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 19%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

China was the largest importing country with an import of about X units, which reached 51% of total imports. India (X units) took the second position in the ranking, distantly followed by Japan (X units), South Korea (X units) and Thailand (X units). All these countries together took near 34% share of total imports. Australia (X units) and Taiwan (Chinese) (X units) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +5.0% from 2012 to 2022. At the same time, India (+24.1%), Taiwan (Chinese) (+8.9%), South Korea (+5.8%), Australia (+4.4%) and Thailand (+3.0%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +24.1% from 2012-2022. Japan experienced a relatively flat trend pattern. From 2012 to 2022, the share of India and China increased by +14 and +12 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), South Korea ($X) and China ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 63% of total imports. Australia, India, Taiwan (Chinese) and Thailand lagged somewhat behind, together comprising a further 22%.

India, with a CAGR of +16.7%, recorded 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 unit in 2022, declining by -4.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2016 an increase of 18%. The level of import peaked at $X per unit in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: 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 China (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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