Northern America: Market for Preparations For Permanent Waving Or Straightening Of Hair 2024

Market Size for Preparations For Permanent Waving Or Straightening Of Hair in Northern America

The North American market for preparations for permanent waving or straightening of hair skyrocketed to $X in 2021, jumping by 18% against the previous year. Over the period under review, consumption, however, saw a mild curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Preparations For Permanent Waving Or Straightening Of Hair in Northern America

In value terms, hair waving or straightening preparations production rose sharply to $X in 2021 estimated in export price. In general, production, however, saw a perceptible downturn. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Preparations For Permanent Waving Or Straightening Of Hair

Exports in Northern America

In 2021, overseas shipments of preparations for permanent waving or straightening of hair decreased by -6.3% to X tons, falling for the eighth consecutive year after two years of growth. Over the period under review, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 19%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, hair waving or straightening preparations exports rose to $X in 2021. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 19%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States was the main exporting country with an export of around X tons, which reached 81% of total exports. It was distantly followed by Canada (X tons), creating a 19% share of total exports.

The United States was also the fastest-growing in terms of the preparations for permanent waving or straightening of hair exports, with a CAGR of -11.6% from 2012 to 2021. Canada (-18.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +14 percentage points.

In value terms, the United States ($X) remains the largest hair waving or straightening preparations supplier in Northern America, comprising 75% of total exports. The second position in the ranking was taken by Canada ($X), with a 25% share of total exports.

In the United States, hair waving or straightening preparations exports decreased by an average annual rate of -9.7% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, rising by 8.3% against the previous year. Export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hair waving or straightening preparations export price decreased by -9.9% against 2017 indices. The pace of growth appeared the most rapid in 2016 an increase of 38% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+5.7%).

Imports of Preparations For Permanent Waving Or Straightening Of Hair

Imports in Northern America

In 2021, overseas purchases of preparations for permanent waving or straightening of hair increased by 42% to X tons, rising for the second year in a row after six years of decline. Overall, imports, however, faced a abrupt curtailment. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, hair waving or straightening preparations imports surged to $X in 2021. In general, imports, however, showed a abrupt shrinkage. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The United States was the largest importer of preparations for permanent waving or straightening of hair in Northern America, with the volume of imports accounting for X tons, which was near 80% of total imports in 2021. It was distantly followed by Canada (X tons), mixing up a 20% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to hair waving or straightening preparations imports into the United States stood at -10.2%. Canada (-9.8%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported preparations for permanent waving or straightening of hair in Northern America, comprising 71% of total imports. The second position in the ranking was taken by Canada ($X), with a 28% share of total imports.

In the United States, hair waving or straightening preparations imports declined by an average annual rate of -11.5% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, shrinking by -12.6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 21% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.8%).

Source: IndexBox Platform

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