Eastern Asia: Bath Preparations Market 2025

Bath Preparations Market Size in Eastern Asia

The East Asian bath preparations market was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Bath Preparations Production in Eastern Asia

In value terms, bath preparations production expanded significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by 20% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Bath Preparations Exports

Exports in Eastern Asia

In 2021, overseas shipments of perfumed bath salts and other bath preparations decreased by -3.8% to X tons, falling for the second consecutive year after three years of growth. Total exports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -27.9% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of 35% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, bath preparations exports reached $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -15.4% against 2019 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 43%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, China (X tons) represented the key exporter of perfumed bath salts and other bath preparations, mixing up 75% of total exports. It was distantly followed by Hong Kong SAR (X tons), generating a 19% share of total exports. South Korea (X tons) took a relatively small share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of perfumed bath salts and other bath preparations. At the same time, Hong Kong SAR (+48.3%) and South Korea (+17.6%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +48.3% from 2012-2021. Hong Kong SAR (+18 p.p.) and South Korea (+2.4 p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -19.6% from 2012 to 2021, respectively.

In value terms, China ($X) remains the largest bath preparations supplier in Eastern Asia, comprising 68% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 23% share of total exports.

In China, bath preparations exports expanded at an average annual rate of +2.3% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (+44.6% per year) and South Korea (+18.2% per year).

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, surging by 19% against the previous year. Export price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the export price increased by 47%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the other leaders experienced mixed trends in the export price figures.

Bath Preparations Imports

Imports in Eastern Asia

In 2021, purchases abroad of perfumed bath salts and other bath preparations decreased by -26.7% to X tons, falling for the second consecutive year after two years of growth. In general, imports showed a slight contraction. The most prominent rate of growth was recorded in 2019 with an increase of 24% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, bath preparations imports contracted markedly to $X in 2021. Over the period under review, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2019 with an increase of 41% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons), Hong Kong SAR (X tons) and Japan (X tons) represented the main importer of perfumed bath salts and other bath preparations in Eastern Asia, making up 81% of total import. It was distantly followed by Macao SAR (X tons), making up a 10% share of total imports. The following importers - South Korea (X tons) and Taiwan (Chinese) (X tons) - each finished at an 8.4% share of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +9.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Hong Kong SAR ($X) constituted the countries with the highest levels of imports in 2021, with a combined 81% share of total imports.

Among the main importing countries, China, with a CAGR of +7.6%, recorded the highest rates of growth with regard to the value of imports, 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 ton in 2021, picking up by 14% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was South Korea ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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