Northern America: Market for Shampoos, Hair Lacquers And Other Preparations 2024

Market Size for Shampoos, Hair Lacquers And Other Preparations in Northern America

In 2022, the North American market for shampoos, hair lacquers and other preparations increased by 3.2% to $X, rising for the fourth consecutive year after four years of decline. The market value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Shampoos, Hair Lacquers And Other Preparations in Northern America

In value terms, production of shampoos, hair lacquers and other preparations declined modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 32% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports in Northern America

In 2022, overseas shipments of shampoos, hair lacquers and other preparations decreased by -1.8% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports continue to indicate a slight downturn. The pace of growth was the most pronounced in 2014 when exports increased by 5.3% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of shampoos, hair lacquers and other preparations expanded notably to $X in 2022. The total export value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 10%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, the United States (X tons) represented the main exporter of shampoos, hair lacquers and other preparations, comprising 73% of total exports. It was distantly followed by Canada (X tons), generating a 27% share of total exports.

Exports from the United States decreased at an average annual rate of -2.7% from 2012 to 2022. At the same time, Canada (+1.5%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +1.5% from 2012-2022. From 2012 to 2022, the share of Canada increased by +7.6 percentage points.

In value terms, the United States ($X) remains the largest shampoo, hair lacquer and other preparations supplier in Northern America, comprising 78% of total exports. The second position in the ranking was taken by Canada ($X), with a 22% share of total exports.

In the United States, exports of shampoos, hair lacquers and other preparations increased at an average annual rate of +2.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, rising by 8.1% against the previous year. Export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for shampoos, hair lacquers and other preparations increased by +60.8% against 2017 indices. The growth pace was the most rapid in 2020 an increase of 27% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat 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 (+5.7%).

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports in Northern America

In 2022, supplies from abroad of shampoos, hair lacquers and other preparations increased by 11% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.9% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, imports of shampoos, hair lacquers and other preparations surged to $X in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States was the key importing country with an import of around X tons, which recorded 77% of total imports. It was distantly followed by Canada (X tons), constituting a 23% share of total imports.

The United States was also the fastest-growing in terms of the shampoos, hair lacquers and other preparations imports, with a CAGR of +5.8% from 2012 to 2022. Canada experienced a relatively flat trend pattern. While the share of the United States (+13 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-12.5 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported shampoos, hair lacquers and other preparations in Northern America, comprising 73% of total imports. The second position in the ranking was taken by Canada ($X), with a 27% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at +7.0%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, growing by 4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2021 an increase of 4.9%. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.7%).

Source: IndexBox Platform

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