Report Update Nov 1, 2024

Philippines - Combs and Hair-Slides - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Comb Market 2024

Comb Market Size in the Philippines

The Philippine comb market soared to $X in 2022, growing by 63% 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, however, recorded a significant contraction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Comb Exports

Exports from the Philippines

Comb exports from the Philippines surged to X tons in 2022, increasing by 164% compared with 2021. In general, exports showed buoyant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 3,900% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, comb exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 3,280% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Japan (X tons) was the main destination for comb exports from the Philippines, with a 92% share of total exports. Moreover, comb exports to Japan exceeded the volume sent to the second major destination, the United States (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan totaled +22.1%.

In value terms, Japan ($X) remains the key foreign market for combs and hair-slides exports from the Philippines, comprising 92% of total exports. The second position in the ranking was held by the United States ($X), with an 8.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Japan amounted to +44.2%.

Export Prices by Country

In 2022, the average comb export price amounted to $X per ton, falling by -30.6% against the previous year. In general, the export price, however, continues to indicate a tangible expansion. The most prominent rate of growth was recorded in 2016 an increase of 116%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Japan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Comb Imports

Imports into the Philippines

Comb imports into the Philippines surged to X tons in 2022, increasing by 64% against the previous year's figure. In general, imports, however, continue to indicate a sharp decline. The pace of growth was the most pronounced in 2019 with an increase of 167%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, comb imports skyrocketed to $X in 2022. Overall, imports recorded a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of 421%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Thailand (X tons) and Singapore (X tons) were the main suppliers of comb imports to the Philippines, together comprising 97% of total imports. Malaysia and Hong Kong SAR lagged somewhat behind, together comprising a further 1.8%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +18.7%), while purchases for the other leaders experienced a decline.

In value terms, China ($X), Thailand ($X) and Singapore ($X) appeared to be the largest comb suppliers to the Philippines, with a combined 97% share of total imports. Malaysia and Hong Kong SAR lagged somewhat behind, together accounting for a further 1.8%.

Malaysia, with a CAGR of +47.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average comb import price amounted to $X per ton, waning by -3.4% against the previous year. Over the period under review, the import price, however, saw a significant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 2,528% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Hong Kong SAR ($X per ton) and Malaysia ($X per ton), while the price for Singapore ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+54.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for combs and hair-slides in the world?

The countries with the highest volumes of in 2021 were the United States, China and Bangladesh, with a combined 42% share of global consumption.

What are the largest producers of combs and hair-slides in the world?

China remains the largest comb producing country worldwide, comprising approx. 98% of total volume. It was followed by Thailand, with a 1.9% share of total production.

What are the leading suppliers of combs and hair-slides to the Philippines?

In value terms, Thailand constituted the largest supplier of comb to the Philippines, comprising 79% of total imports. The second position in the ranking was occupied by China, with a 19% share of total imports.

What are the leading importers of combs and hair-slides from the Philippines?

In value terms, Japan emerged as the key foreign market for comb exports from the Philippines, comprising 65% of total exports. The second position in the ranking was occupied by France, with a 20% share of total exports.

What is the average export price for combs and hair-slides in the Philippines?

In 2021, the average comb export price amounted to $39,782 per ton, growing by 35% against the previous year.

What is the average import price for combs and hair-slides in the Philippines?

The average comb import price stood at $25,514 per ton in 2021, rising by 2.9% against the previous year.

This report provides an in-depth analysis of the comb market in the Philippines. 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 25992929 - Combs, hair-slides and the like (excluding of hard rubber or plastics, electro-thermic hairdressing apparatus)

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
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
Find deeper insights into current market developments
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