Eastern Asia: Market for Manicure Or Pedicure Preparations 2025

Market Size for Manicure Or Pedicure Preparations in Eastern Asia

In 2022, the East Asian manicure or pedicure preparations market decreased by -4.5% to $X, falling for the sixth consecutive year after five years of growth. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Manicure Or Pedicure Preparations in Eastern Asia

In value terms, manicure or pedicure preparations production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 35%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Exports of Manicure Or Pedicure Preparations

Exports in Eastern Asia

Manicure or pedicure preparations exports skyrocketed to X tons in 2022, rising by 17% on 2021. The total export volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, manicure or pedicure preparations exports soared to $X in 2022. Total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +83.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, China (X tons) represented the main exporter of manicure or pedicure preparations, comprising 79% of total exports. It was distantly followed by South Korea (X tons), making up a 17% share of total exports. Taiwan (Chinese) (X tons) took a relatively small share of total exports.

Exports from China increased at an average annual rate of +1.8% from 2012 to 2022. At the same time, South Korea (+11.6%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +11.6% from 2012-2022. By contrast, Taiwan (Chinese) (-10.2%) illustrated a downward trend over the same period. South Korea (+10 p.p.) and China (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) saw its share reduced by -7.6% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest manicure or pedicure preparations supplier in Eastern Asia, comprising 77% of total exports. The second position in the ranking was held by South Korea ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +6.5%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (+7.3% per year) and Taiwan (Chinese) (-6.8% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, increasing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the other leaders experienced mixed trends in the export price figures.

Imports of Manicure Or Pedicure Preparations

Imports in Eastern Asia

In 2022, supplies from abroad of manicure or pedicure preparations increased by 12% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 20%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, manicure or pedicure preparations imports amounted to $X in 2022. In general, imports, however, saw a perceptible slump. The growth pace was the most rapid in 2021 with an increase of 27%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Japan dominates imports structure, finishing at X tons, which was approx. 79% of total imports in 2022. South Korea (X tons) held the second position in the ranking, followed by Taiwan (Chinese) (X tons). All these countries together held near 12% share of total imports. Hong Kong SAR (X tons), Macao SAR (X tons) and China (X tons) followed a long way behind the leaders.

Imports into Japan increased at an average annual rate of +2.2% from 2012 to 2022. At the same time, Macao SAR (+11.0%) displayed positive paces of growth. Moreover, Macao SAR emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +11.0% from 2012-2022. By contrast, South Korea (-1.6%), Taiwan (Chinese) (-11.2%), Hong Kong SAR (-17.7%) and China (-25.5%) illustrated a downward trend over the same period. While the share of Japan (+40 p.p.), Macao SAR (+1.8 p.p.) and South Korea (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Taiwan (Chinese) (-5.9 p.p.), Hong Kong SAR (-14.7 p.p.) and China (-22.9 p.p.) displayed negative dynamics.

In value terms, Japan ($X) constitutes the largest market for imported manicure or pedicure preparations in Eastern Asia, comprising 67% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 9.5% share of total imports. It was followed by South Korea, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Japan was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-4.2% per year) and South Korea (-3.5% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, dropping by -9% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2013 when the import price increased by 14%. The level of import peaked at $X per ton in 2021, and then fell in the following year.

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 ($X per ton), while Japan ($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 (+25.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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