Eastern Asia: Hair Spray Market 2025

Hair Spray Market Size in Eastern Asia

The East Asian hair spray market fell to $X in 2022, waning by -2.2% against the previous year. In general, consumption continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the market value increased by 8.7% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Hair Spray Production in Eastern Asia

In value terms, hair spray production contracted modestly to $X in 2022 estimated in export price. Overall, production showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 when the production volume increased by 10% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Hair Spray Exports

Exports in Eastern Asia

In 2022, after two years of decline, there was significant growth in overseas shipments of hair sprays, when their volume increased by 35% to X tons. Total exports indicated a notable increase from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2017 when exports increased by 43%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, hair spray exports skyrocketed to $X in 2022. In general, exports posted a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the major exporter of hair sprays in Eastern Asia, with the volume of exports amounting to X tons, which was approx. 84% of total exports in 2022. It was distantly followed by Japan (X tons), mixing up a 12% share of total exports. Hong Kong SAR (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +4.3% from 2012 to 2022. At the same time, Hong Kong SAR (+14.8%) and Japan (+5.8%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +14.8% from 2012-2022. Hong Kong SAR (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -3.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest hair spray supplier in Eastern Asia, comprising 74% of total exports. The second position in the ranking was held by Japan ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +7.3%. In the other countries, the average annual rates were as follows: Japan (+4.7% per year) and Hong Kong SAR (+16.9% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, with a decrease of -8.6% against the previous year. Export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hair spray export price increased by +54.0% against 2017 indices. The pace of growth was the most pronounced in 2020 an increase of 21% against the previous year. The level of export peaked at $X per ton in 2021, and then dropped in the following year.

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 China (+2.9%), while the other leaders experienced mixed trends in the export price figures.

Hair Spray Imports

Imports in Eastern Asia

Hair spray imports declined dramatically to X tons in 2022, waning by -22.2% on the previous year's figure. Over the period under review, imports, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 36% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, hair spray imports dropped remarkably to $X in 2022. In general, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 42%. Over the period under review, imports hit record highs at $X in 2021, and then shrank significantly in the following year.

Imports by Country

In 2022, China (X tons), South Korea (X tons), Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons) represented the main importer of hair sprays in Eastern Asia, comprising 91% of total import. The following importers - Macao SAR (X tons), Democratic People's Republic of Korea (X tons) and Japan (X tons) - together made up 9.2% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Democratic People's Republic of Korea (with a CAGR of +35.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported hair sprays in Eastern Asia, comprising 62% of total imports. The second position in the ranking was taken by South Korea ($X), with a 15% share of total imports. It was followed by Hong Kong SAR, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +11.3%. In the other countries, the average annual rates were as follows: South Korea (+9.9% per year) and Hong Kong SAR (-6.4% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, with an increase of 5.8% against the previous year. Import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hair spray import price increased by +86.2% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 22% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Macao SAR (+8.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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