Northern America: Hair Spray Market 2024

Hair Spray Market Size in Northern America

In 2022, the North American hair spray market increased by 2.5% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Hair Spray Production in Northern America

In value terms, hair spray production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 12% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Hair Spray Exports

Exports in Northern America

In 2022, shipments abroad of hair sprays increased by 0.2% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2015 with an increase of 12% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, hair spray exports surged to $X in 2022. In general, exports, however, continue to indicate a slight decrease. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United States was the major exporter of hair sprays in Northern America, with the volume of exports finishing at X tons, which was near 72% of total exports in 2022. It was distantly followed by Canada (X tons), committing a 28% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to hair spray exports from the United States stood at -4.0%. Canada experienced a relatively flat trend pattern. From 2012 to 2022, the share of Canada increased by +8.9 percentage points.

In value terms, the United States ($X) remains the largest hair spray supplier in Northern America, comprising 76% of total exports. The second position in the ranking was taken by Canada ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at -2.1%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, jumping by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.0%).

Hair Spray Imports

Imports in Northern America

In 2022, overseas purchases of hair sprays increased by 68% to X tons, rising for the second consecutive year after four years of decline. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, hair spray imports soared to $X in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the largest importer of hair sprays in Northern America, with the volume of imports resulting at X tons, which was near 63% of total imports in 2022. It was distantly followed by Canada (X tons), generating a 37% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +5.5%).

In value terms, the largest hair spray importing markets in Northern America were the United States ($X) and Canada ($X).

Among the main importing countries, the United States, with a CAGR of +11.2%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, increasing by 4.8% against the previous year. Import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hair spray import price increased by +55.3% against 2014 indices. The most prominent rate of growth was recorded in 2020 an increase of 21%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%).

Source: IndexBox Platform

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