Report Update Nov 1, 2024

Philippines - Hair Sprays - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Hair Spray Market 2024

Hair Spray Market Size in the Philippines

The Philippine hair spray market dropped sharply to $X in 2022, with a decrease of -26.5% 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 recorded a abrupt decline. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Hair Spray Exports

Exports from the Philippines

In 2022, approx. X kg of hair sprays were exported from the Philippines; reducing by -98.9% against the previous year. In general, exports continue to indicate a sharp setback. The growth pace was the most rapid in 2021 with an increase of 212% against the previous year. As a result, the exports reached the peak of X tons, and then dropped dramatically in the following year.

In value terms, hair spray exports shrank dramatically to $X in 2022. Overall, exports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 149% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for hair spray exports from the Philippines, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled -8.8%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for hair sprays exports from the Philippines.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at -24.8%.

Export Prices by Country

The average hair spray export price stood at $X per ton in 2022, which is down by -68.9% against the previous year. Overall, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +37.0% per year.

Hair Spray Imports

Imports into the Philippines

In 2022, the amount of hair sprays imported into the Philippines contracted sharply to X tons, which is down by -45.6% on the previous year. Overall, imports showed a abrupt decrease. The growth pace was the most rapid in 2014 with an increase of 337% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, hair spray imports contracted sharply to $X in 2022. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of 224% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Indonesia (X tons), China (X tons) and the United States (X tons) were the main suppliers of hair spray imports to the Philippines, together accounting for 99% of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +39.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Indonesia ($X) constituted the largest supplier of hair sprays to the Philippines, comprising 68% of total imports. The second position in the ranking was held by China ($X), with a 26% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Indonesia stood at +50.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.3% per year) and the United States (-31.6% per year).

Import Prices by Country

The average hair spray import price stood at $X per ton in 2022, increasing by 35% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 38% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+57.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hair sprays in the world?

The countries with the highest volumes of in 2021 were China, Russia and the United States, together comprising 57% of global consumption.

What are the largest producers of hair sprays in the world?

The countries with the highest volumes of in 2021 were China, Russia and the United States, with a combined 57% share of global production. Germany, Japan, Indonesia, Pakistan, Mexico, France, Nigeria, Italy and Hungary lagged somewhat behind, together comprising a further 26%.

What are the leading suppliers of hair sprays to the Philippines?

In value terms, the largest hair spray suppliers to the Philippines were the United States, China and Indonesia, with a combined 99% share of total imports.

What is the average export price for hair sprays in the Philippines?

The average hair spray export price stood at $1,753 per ton in 2021, flattening at the previous year.

What is the average import price for hair sprays in the Philippines?

In 2021, the average hair spray import price amounted to $3,156 per ton, falling by -31.1% against the previous year.

This report provides an in-depth analysis of the hair spray 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 20421670 - Hair lacquers

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