Asia-Pacific: Hair Curler Market 2024

Hair Curler Market Size in Asia-Pacific

The Asia-Pacific hair curler market skyrocketed to $X in 2022, rising by 33% against the previous year. The total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.3% against 2020 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Hair Curler Production in Asia-Pacific

In value terms, hair curler production expanded remarkably to $X in 2022 estimated in export price. The total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.3% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 31% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Hair Curler Exports

Exports in Asia-Pacific

In 2022, approx. X units of hair curlers and curling tongs were exported in Asia-Pacific; reducing by -6.6% compared with 2021 figures. Total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.4% 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 +101.3% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 54% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021, and then shrank in the following year.

In value terms, hair curler exports stood at $X in 2022. Overall, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 37% 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 dominates exports structure, recording X units, which was near 90% of total exports in 2022. It was distantly followed by Malaysia (X units), comprising a 5.8% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to hair curler exports from China stood at +4.1%. At the same time, Malaysia (+85.2%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +85.2% from 2012-2022. While the share of China (+6.3 p.p.) and Malaysia (+5.8 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest hair curler supplier in Asia-Pacific, comprising 69% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 19% share of total exports.

In China, hair curler exports increased at an average annual rate of +10.5% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, increasing by 12% against the previous year. Export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hair curler export price increased by +54.7% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 21% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.4%).

Hair Curler Imports

Imports in Asia-Pacific

In 2022, approx. X units of hair curlers and curling tongs were imported in Asia-Pacific; surging by 14% on the year before. Total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +2.6% 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 +86.6% against 2016 indices. The growth pace was the most rapid in 2019 when imports increased by 25% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, hair curler imports surged to $X in 2022. Over the period under review, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 72%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The countries with the highest levels of hair curler imports in 2022 were India (X units), Japan (X units) and South Korea (X units), together reaching 68% of total import. Thailand (X units) ranks next in terms of the total imports with a 7.3% share, followed by Australia (5.9%) and Vietnam (5.6%). Malaysia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Vietnam (with a CAGR of +61.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hair curler importing markets in Asia-Pacific were South Korea ($X), Japan ($X) and Australia ($X), together comprising 59% of total imports. India, Thailand, Vietnam and Malaysia lagged somewhat behind, together accounting for a further 12%.

Among the main importing countries, Vietnam, with a CAGR of +56.1%, recorded 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 Asia-Pacific amounted to $X per unit, surging by 5.8% against the previous year. In general, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 when the import price increased by 38% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+10.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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