Japan: Hair Spray Market 2024

Hair Spray Market Size in Japan

The Japanese hair spray market shrank modestly to $X in 2022, declining by -3.2% against the previous year. In general, consumption recorded a abrupt decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Hair Spray Production in Japan

In value terms, hair spray production declined slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a deep setback. The pace of growth was the most pronounced in 2016 with an increase of 16% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Hair Spray Exports

Exports from Japan

In 2022, overseas shipments of hair sprays increased by 78% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hair spray exports skyrocketed to $X in 2022. Over the period under review, total exports indicated a temperate increase from 2012 to 2022: its value 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, exports increased by +85.8% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

South Korea (X tons), Malaysia (X tons) and China (X tons) were the main destinations of hair spray exports from Japan, together comprising 66% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +26.3%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and Malaysia ($X) were the largest markets for hair spray exported from Japan worldwide, with a combined 67% share of total exports.

Among the main countries of destination, China, with a CAGR of +25.7%, saw 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 hair spray export price amounted to $X per ton, waning by -14.3% against the previous year. In general, the export price saw a slight contraction. The pace of growth appeared the most rapid in 2020 an increase of 23%. The export price peaked at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Thailand ($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 South Korea (-0.4%), while the prices for the other major destinations experienced a decline.

Hair Spray Imports

Imports into Japan

In 2022, approx. X tons of hair sprays were imported into Japan; reducing by -8.1% on 2021 figures. In general, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2015 when imports increased by 57%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, hair spray imports expanded remarkably to $X in 2022. Over the period under review, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when imports increased by 70%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X tons), South Korea (X tons) and the United States (X tons) were the main suppliers of hair spray imports to Japan, together accounting for 98% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +13.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest hair spray suppliers to Japan were France ($X), the United States ($X) and South Korea ($X), with a combined 96% share of total imports.

Among the main suppliers, the United States, with a CAGR of +13.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average hair spray import price stood at $X per ton in 2022, with an increase of 21% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 38%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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