Asia-Pacific: Powder-Puffs And Pads Market 2024

Powder-Puffs And Pads Market Size in Asia-Pacific

In 2021, the Asia-Pacific powder-puffs and pads market decreased by -17.1% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption saw a noticeable slump. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Powder-Puffs And Pads Production in Asia-Pacific

In value terms, powder-puffs and pads production amounted to $X in 2021 estimated in export price. The total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -34.8% against 2016 indices. The most prominent rate of growth was recorded in 2016 with an increase of 56%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Powder-Puffs And Pads Exports

Exports in Asia-Pacific

In 2021, approx. X tons of powder-puffs and pads for the application of cosmetics or toilet preparations were exported in Asia-Pacific; with an increase of 26% on the year before. Over the period under review, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 37% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, powder-puffs and pads exports skyrocketed to $X in 2021. In general, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 30% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

Exports by Country

China prevails in exports structure, accounting for X tons, which was approx. 83% of total exports in 2021. It was distantly followed by India (X tons), comprising a 6.8% share of total exports. The following exporters - Hong Kong SAR (X tons) and South Korea (X tons) - each amounted to a 3.8% share of total exports.

Exports from China increased at an average annual rate of +9.6% from 2012 to 2021. At the same time, India (+38.7%) and Hong Kong SAR (+16.3%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +38.7% from 2012-2021. By contrast, South Korea (-5.4%) illustrated a downward trend over the same period. While the share of China (+8.7 p.p.) and India (+6.1 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of South Korea (-4.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest powder-puffs and pads supplier in Asia-Pacific, comprising 74% of total exports. The second position in the ranking was taken by South Korea ($X), with a 4.7% share of total exports. It was followed by Hong Kong SAR, with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +14.0%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (-1.6% per year) and Hong Kong SAR (+22.2% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, increasing by 2.2% against the previous year. Over the last nine years, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2018 an increase of 17%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was South Korea ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.7%), while the other leaders experienced more modest paces of growth.

Powder-Puffs And Pads Imports

Imports in Asia-Pacific

In 2021, powder-puffs and pads imports in Asia-Pacific amounted to X tons, growing by 5% compared with 2020. Total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -27.1% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 18% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, powder-puffs and pads imports reached $X in 2021. Over the period under review, imports posted pronounced growth. The pace of growth was the most pronounced in 2015 with an increase of 24%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Indonesia (X tons) and Japan (X tons) were the major importers of powder-puffs and pads for the application of cosmetics or toilet preparations in Asia-Pacific, together achieving 41% of total imports. It was distantly followed by the Philippines (X tons), South Korea (X tons), Hong Kong SAR (X tons), Bangladesh (X tons), Australia (X tons) and Singapore (X tons), together constituting a 44% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Bangladesh (with a CAGR of +53.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported powder-puffs and pads for the application of cosmetics or toilet preparations in Asia-Pacific, comprising 33% of total imports. The second position in the ranking was taken by South Korea ($X), with a 14% share of total imports. It was followed by Indonesia, with a 10% share.

In Japan, powder-puffs and pads imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Korea (+16.5% per year) and Indonesia (+10.7% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, shrinking by -2.1% against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2015 when the import price increased by 27%. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+23.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :