Eastern Asia: Hair Curler Market 2024

Hair Curler Market Size in Eastern Asia

The East Asian hair curler market surged to $X in 2022, jumping by 29% against the previous year. The total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.4% 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 -16.4% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Hair Curler Production in Eastern Asia

In value terms, hair curler production rose significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.9% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 33% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Hair Curler Exports

Exports in Eastern Asia

In 2022, hair curler exports in Eastern Asia contracted to X units, with a decrease of -6.4% compared with 2021 figures. Total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +2.7% 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 +89.9% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 52%. The volume of export peaked at X units in 2021, and then shrank in the following year.

In value terms, hair curler exports dropped slightly to $X in 2022. Total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.5% 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 +62.6% against 2017 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 33%. As a result, the exports reached the peak of $X, and then declined slightly in the following year.

Exports by Country

The shipments of the one major exporters of hair curlers and curling tongs, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the hair curlers and curling tongs exports, with a CAGR of +4.1% from 2012 to 2022. While the share of China (+13 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest hair curler supplier in Eastern Asia.

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

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, with an increase of 5.2% against the previous year. Export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 +29.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by 21% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, 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 +6.1% per year.

Hair Curler Imports

Imports in Eastern Asia

In 2022, the amount of hair curlers and curling tongs imported in Eastern Asia totaled X units, with an increase of 6.6% compared with the previous year's figure. Overall, imports, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2017 when imports increased by 24% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, hair curler imports expanded sharply to $X in 2022. Over the period under review, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 70%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

Japan (X units) and South Korea (X units) prevails in imports structure, together creating 89% of total imports. It was distantly followed by Hong Kong SAR (X units), comprising a 5.1% share of total imports. The following importers - China (X units) and Taiwan (Chinese) (X units) - together made up 5.2% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by China (with a CAGR of +21.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Japan ($X) and China ($X) constituted the countries with the highest levels of imports in 2022, together comprising 92% of total imports.

China, with a CAGR of +53.9%, 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 Eastern Asia stood at $X per unit in 2022, growing by 2.4% against the previous year. Over the period under review, the import price posted a resilient expansion. The pace of growth appeared the most rapid in 2019 when the import price increased by 46% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Japan ($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 (+27.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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