South-Eastern Asia: Market for Manicure Or Pedicure Sets And Instruments 2025

Market Size for Manicure Or Pedicure Sets And Instruments in South-Eastern Asia

In 2022, the Southeast Asian manicure or pedicure sets market increased by 1.6% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, showed a slight curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Manicure Or Pedicure Sets And Instruments in South-Eastern Asia

In value terms, manicure or pedicure sets production fell modestly to $X in 2022 estimated in export price. The total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 61%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Manicure Or Pedicure Sets And Instruments

Exports in South-Eastern Asia

In 2022, approx. X units of manicure or pedicure sets and instruments were exported in South-Eastern Asia; shrinking by -3.6% against the year before. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 14% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, manicure or pedicure sets exports contracted to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +1.4% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 30%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam dominates exports structure, resulting at X units, which was approx. 88% of total exports in 2022. Thailand (X units), Singapore (X units) and Malaysia (X units) took a relatively small share of total exports.

Vietnam was also the fastest-growing in terms of the manicure or pedicure sets and instruments exports, with a CAGR of +5.1% from 2012 to 2022. Singapore (-11.0%), Thailand (-12.1%) and Malaysia (-13.8%) illustrated a downward trend over the same period. Vietnam (+33 p.p.) significantly strengthened its position in terms of the total exports, while Malaysia, Singapore and Thailand saw its share reduced by -7.6%, -9.5% and -12.3% from 2012 to 2022, respectively.

In value terms, Vietnam ($X) remains the largest manicure or pedicure sets supplier in South-Eastern Asia, comprising 91% of total exports. The second position in the ranking was held by Singapore ($X), with a 4.8% share of total exports. It was followed by Thailand, with a 2.7% share.

In Vietnam, manicure or pedicure sets exports expanded at an average annual rate of +9.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (-9.0% per year) and Thailand (-8.8% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, declining by -4.4% against the previous year. Export price indicated a noticeable increase from 2012 to 2022: its price 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. Based on 2022 figures, manicure or pedicure sets export price decreased by -17.7% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 31%. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.4%), while the other leaders experienced more modest paces of growth.

Imports of Manicure Or Pedicure Sets And Instruments

Imports in South-Eastern Asia

In 2022, supplies from abroad of manicure or pedicure sets and instruments increased by 29% to X units, rising for the second consecutive year after four years of decline. Total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.7% 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 +52.8% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 47% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, manicure or pedicure sets imports surged to $X in 2022. Overall, imports, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2018 when imports increased by 26% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Indonesia (X units) represented the major importer of manicure or pedicure sets and instruments, generating 55% of total imports. It was distantly followed by Thailand (X units) and Malaysia (X units), together generating a 35% share of total imports. The following importers - Singapore (X units), Vietnam (X units), Cambodia (X units) and the Philippines (X units) - together made up 9% of total imports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +65.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Indonesia ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 70% of total imports. Singapore, the Philippines, Malaysia and Cambodia lagged somewhat behind, together comprising a further 29%.

Among the main importing countries, Cambodia, with a CAGR of +70.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, with a decrease of -10% against the previous year. Over the period under review, the import price saw a perceptible contraction. The pace of growth appeared the most rapid in 2018 an increase of 76% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+29.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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