India: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in India

The Indian manicure or pedicure preparations market reduced to $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +3.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Manicure Or Pedicure Preparations in India

In value terms, manicure or pedicure preparations production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 29%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Manicure Or Pedicure Preparations

Exports from India

In 2022, approx. X tons of manicure or pedicure preparations were exported from India; falling by -4.3% on 2021 figures. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2019 when exports increased by 85%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, manicure or pedicure preparations exports fell to $X in 2022. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2019 when exports increased by 84% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons), Indonesia (X tons) and Singapore (X tons) were the main destinations of manicure or pedicure preparations exports from India, with a combined 59% share of total exports. Canada, the United States, Tanzania, Russia, the UK, Sri Lanka, Uzbekistan, Qatar, South Africa and Nigeria lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of +179.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for manicure or pedicure preparations exported from India were the United Arab Emirates ($X), Indonesia ($X) and Sri Lanka ($X), together accounting for 57% of total exports. Uzbekistan, Singapore, Russia, South Africa, Nigeria, the UK, Qatar, Tanzania, Canada and the United States lagged somewhat behind, together accounting for a further 29%.

Among the main countries of destination, South Africa, with a CAGR of +167.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average manicure or pedicure preparations export price amounted to $X per ton, which is down by -6.5% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manicure or pedicure preparations export price decreased by -34.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 52%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Preparations

Imports into India

Manicure or pedicure preparations imports into India skyrocketed to X tons in 2022, picking up by 28% against 2021. In general, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, manicure or pedicure preparations imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a deep downturn. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), the United States (X tons) and the UK (X tons) were the main suppliers of manicure or pedicure preparations imports to India, together comprising 87% of total imports. The Netherlands, Belgium, Spain, France, China, South Korea, the United Arab Emirates and Poland lagged somewhat behind, together accounting for a further 9.3%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +65.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and Italy ($X) constituted the largest manicure or pedicure preparations suppliers to India, with a combined 78% share of total imports. Spain, Belgium, France, South Korea, the United Arab Emirates, China, the Netherlands and Poland lagged somewhat behind, together comprising a further 16%.

Among the main suppliers, the Netherlands, with a CAGR of +71.9%, saw the highest growth rate of 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 average manicure or pedicure preparations import price stood at $X per ton in 2022, jumping by 20% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The growth pace was the most rapid in 2015 when the average import price increased by 39%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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