Asia-Pacific: Market for Shampoos, Hair Lacquers And Other Preparations 2024

Market Size for Shampoos, Hair Lacquers And Other Preparations in Asia-Pacific

The Asia-Pacific market for shampoos, hair lacquers and other preparations reached $X in 2022, with an increase of 2% against the previous year. The market value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Shampoos, Hair Lacquers And Other Preparations in Asia-Pacific

In value terms, production of shampoos, hair lacquers and other preparations reached $X in 2022 estimated in export price. The total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.6% 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 -7.3% against 2018 indices. The growth pace was the most rapid in 2016 when the production volume increased by 27%. Over the period under review, production of attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports in Asia-Pacific

Exports of shampoos, hair lacquers and other preparations rose to X tons in 2022, picking up by 2% on the year before. The total export volume increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 8.8% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, exports of shampoos, hair lacquers and other preparations declined modestly to $X in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when exports increased by 14% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then reduced in the following year.

Exports by Country

In 2022, Thailand (X tons) and China (X tons) represented the major exporters of shampoos, hair lacquers and other preparations in Asia-Pacific, together recording approx. 56% of total exports. Japan (X tons) held a 10% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (7.2%), India (6.2%) and Singapore (4.8%). Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +14.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest shampoo, hair lacquer and other preparations supplying countries in Asia-Pacific were Thailand ($X), Japan ($X) and China ($X), with a combined 60% share of total exports. South Korea, India, Singapore and Indonesia lagged somewhat behind, together comprising a further 25%.

South Korea, with a CAGR of +16.5%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, declining by -5.1% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by 15% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 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 India (+3.2%), while the other leaders experienced more modest paces of growth.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports in Asia-Pacific

In 2022, approx. X tons of shampoos, hair lacquers and other preparations were imported in Asia-Pacific; falling by -3.6% on 2021 figures. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 12%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of shampoos, hair lacquers and other preparations declined slightly to $X in 2022. Total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.4% 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 +56.7% against 2014 indices. The most prominent rate of growth was recorded in 2018 with an increase of 17%. Over the period under review, imports of hit record highs at $X in 2021, and then shrank slightly in the following year.

Imports by Country

In 2022, China (X tons), Japan (X tons), the Philippines (X tons), Australia (X tons), Taiwan (Chinese) (X tons), Malaysia (X tons), Vietnam (X tons), Hong Kong SAR (X tons), South Korea (X tons), Singapore (X tons), Thailand (X tons) and India (X tons) represented the main importer of shampoos, hair lacquers and other preparations in Asia-Pacific, comprising 83% of total import.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +17.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported shampoos, hair lacquers and other preparations in Asia-Pacific, comprising 27% of total imports. The second position in the ranking was taken by Japan ($X), with a 12% share of total imports. It was followed by Australia, with a 10% share.

In China, imports of shampoos, hair lacquers and other preparations expanded at an average annual rate of +24.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (-4.5% per year) and Australia (+5.9% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, flattening at the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2018 when the import price increased by 13% against the previous year. The level of import peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while the Philippines ($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 (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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