Bangladesh: Market for Manicure Or Pedicure Sets And Instruments 2025

Market Size for Manicure Or Pedicure Sets And Instruments in Bangladesh

The Bangladeshi manicure or pedicure sets market fell dramatically to $X in 2022, reducing by -22.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a buoyant increase. As a result, consumption reached the peak level of $X, and then shrank sharply in the following year.

Exports of Manicure Or Pedicure Sets And Instruments

Exports from Bangladesh

Manicure or pedicure sets exports from Bangladesh surged to X units in 2022, growing by 20% on the previous year's figure. Overall, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 372% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, manicure or pedicure sets exports rose modestly to $X in 2022. Over the period under review, exports showed resilient growth. The growth pace was the most rapid in 2016 with an increase of 195% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for manicure or pedicure sets exports from Bangladesh, with a 91% share of total exports. It was followed by Canada (X units), with a 2.8% share of total exports. The United Arab Emirates (X units) ranked third in terms of total exports with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +37.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+18.0% per year) and the United Arab Emirates (-22.5% per year).

In value terms, Germany ($X) remains the key foreign market for manicure or pedicure sets and instruments exports from Bangladesh, comprising 79% of total exports. The second position in the ranking was held by Canada ($X), with a 5.8% share of total exports. It was followed by Montenegro, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+51.1% per year) and Montenegro (0.0% per year).

Export Prices by Country

The average manicure or pedicure sets export price stood at $X per unit in 2022, with a decrease of -14.2% against the previous year. In general, the export price saw a perceptible setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 34% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Sets And Instruments

Imports into Bangladesh

In 2022, imports of manicure or pedicure sets and instruments into Bangladesh declined sharply to X units, reducing by -22.4% on the previous year's figure. Overall, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 81%. As a result, imports attained the peak of X units, and then contracted significantly in the following year.

In value terms, manicure or pedicure sets imports shrank rapidly to $X in 2022. In general, imports, however, showed a strong increase. The growth pace was the most rapid in 2021 when imports increased by 80% against the previous year. As a result, imports attained the peak of $X, and then dropped rapidly in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of manicure or pedicure sets to Bangladesh, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +10.8%.

In value terms, China ($X) constituted the largest supplier of manicure or pedicure sets and instruments to Bangladesh.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +12.7%.

Import Prices by Country

The average manicure or pedicure sets import price stood at $X per unit in 2022, approximately reflecting the previous year. In general, the import price, however, showed a mild descent. The growth pace was the most rapid in 2020 when the average import price increased by 52% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.7% per year.

Source: IndexBox Platform

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