Report Update Nov 1, 2024

Myanmar - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Electric Hair Dryer Market 2024

Electric Hair Dryer Market Size in Myanmar

The Myanmar's electric hair dryer market surged to $X in 2021, rising by 61% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a strong increase. Electric hair dryer consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Electric Hair Dryer Exports

Exports from Myanmar

In 2021, after two years of decline, there was significant growth in overseas shipments of electric hair dryers, when their volume increased by 150% to X units. In general, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 225%. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, electric hair dryer exports soared to $X in 2021. Overall, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by 227% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The Philippines (X units), Ethiopia (X units) and South Korea (X units) were the main destinations of electric hair dryer exports from Myanmar, together accounting for 80% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) emerged as the key foreign market for electric hair dryers exports from Myanmar, comprising 53% of total exports. The second position in the ranking was held by Ethiopia ($X), with a 23% share of total exports. It was followed by the Philippines, with a 22% share.

From 2012 to 2021, the average annual growth rate of value to Thailand amounted to +65.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (0.0% per year) and the Philippines (0.0% per year).

Export Prices by Country

In 2021, the average electric hair dryer export price amounted to $X per unit, which is down by -11.2% against the previous year. In general, the export price showed a mild descent. The most prominent rate of growth was recorded in 2016 an increase of 71%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Thailand ($X per unit), while the average price for exports to South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+7.4%).

Electric Hair Dryer Imports

Imports into Myanmar

In 2021, imports of electric hair dryers into Myanmar soared to X units, jumping by 78% against the previous year's figure. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2013 when imports increased by 356%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, electric hair dryer imports soared to $X in 2021. Overall, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of 428% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest electric hair dryer supplier to Myanmar, with a 65% share of total imports. Moreover, electric hair dryer imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), twofold. Malaysia (X units) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +35.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+47.5% per year) and Malaysia (-8.1% per year).

In value terms, the largest electric hair dryer suppliers to Myanmar were China ($X), Thailand ($X) and Malaysia ($X), together accounting for 95% of total imports.

Thailand, with a CAGR of +42.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average electric hair dryer import price stood at $X per unit in 2021, shrinking by -15.7% against the previous year. Overall, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 35%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Singapore ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric hair dryers in the world?

The country with the largest volume of electric hair dryer consumption was the United States, accounting for 26% of total volume. Moreover, electric hair dryer consumption in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. Malaysia ranked third in terms of total consumption with a 6.5% share.

What are the largest producers of electric hair dryers in the world?

The country with the largest volume of electric hair dryer production was China, comprising approx. 50% of total volume. Moreover, electric hair dryer production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Malaysia, with a 6.8% share.

What are the leading suppliers of electric hair dryers to Myanmar?

In value terms, China constituted the largest supplier of electric hair dryer to Myanmar, comprising 93% of total imports. The second position in the ranking was occupied by Thailand, with a 6.3% share of total imports.

What are the leading importers of electric hair dryers from Myanmar?

In value terms, the Philippines $28) and Thailand $28) constituted the largest markets for electric hair dryer exported from Myanmar worldwide.

What is the average export price for electric hair dryers in Myanmar?

In 2021, the average electric hair dryer export price amounted to $19 per unit, jumping by 38% against the previous year.

What is the average import price for electric hair dryers in Myanmar?

The average electric hair dryer import price stood at $7.8 per unit in 2021, jumping by 20% against the previous year.

This report provides an in-depth analysis of the electric hair dryer market in Myanmar. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27512310 - Electric hair dryers

Country coverage:

Myanmar

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Myanmar
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023