Republic of Korea: Market for Manicure Or Pedicure Sets And Instruments 2025

Market Size for Manicure Or Pedicure Sets And Instruments in Republic of Korea

In 2022, the South Korean manicure or pedicure sets market increased by 11% to $X, rising for the third consecutive year after six years of decline. Overall, consumption, however, saw a relatively flat trend pattern. Manicure or pedicure sets consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Manicure Or Pedicure Sets And Instruments in Republic of Korea

In value terms, manicure or pedicure sets production fell modestly to $X in 2022 estimated in export price. In general, production showed a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 5.3%. Manicure or pedicure sets production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Manicure Or Pedicure Sets And Instruments

Exports from Republic of Korea

For the tenth consecutive year, South Korea recorded decline in overseas shipments of manicure or pedicure sets and instruments, which decreased by -2.4% to X units in 2022. Overall, exports recorded a abrupt slump. The smallest decline of -2.3% was in 2018. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, manicure or pedicure sets exports fell to $X in 2022. Over the period under review, exports recorded a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of 2.4% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X units), India (X units) and Thailand (X units) were the main destinations of manicure or pedicure sets exports from South Korea, with a combined 36% share of total exports. Japan, the United States, Saudi Arabia, Iraq, China, Russia, Singapore, the United Arab Emirates, France and Mexico lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq (with a CAGR of +166.8%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for manicure or pedicure sets exported from South Korea were Hong Kong SAR ($X), the United States ($X) and India ($X), together accounting for 36% of total exports. Japan, Thailand, Russia, China, France, Saudi Arabia, Singapore, Mexico, Iraq and the United Arab Emirates lagged somewhat behind, together comprising a further 41%.

Among the main countries of destination, Iraq, with a CAGR of +149.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average manicure or pedicure sets export price amounted to $X per unit, declining by -2.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 9.2% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Sets And Instruments

Imports into Republic of Korea

In 2022, purchases abroad of manicure or pedicure sets and instruments was finally on the rise to reach X units after two years of decline. Over the period under review, total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, manicure or pedicure sets imports surged to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +9.4% 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 +19.9% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 20%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main supplier of manicure or pedicure sets to South Korea, accounting for a 92% share of total imports. It was followed by Japan (X units), with a 3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+0.3% per year) and Pakistan (-5.8% per year).

In value terms, China ($X) constituted the largest supplier of manicure or pedicure sets and instruments to South Korea, comprising 71% of total imports. The second position in the ranking was held by Japan ($X), with an 8.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+2.1% per year) and Pakistan (-3.7% per year).

Import Prices by Country

In 2022, the average manicure or pedicure sets import price amounted to $X per unit, reducing by -1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. The growth pace was the most rapid in 2021 when the average import price increased by 19% against the previous year. As a result, import price reached the peak level of $X per unit, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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