Southern Asia: Market for Hair Brushes And Shaving And Toilet Brushes For Personal Use 2024

Market Size for Hair Brushes And Shaving And Toilet Brushes For Personal Use in Southern Asia

The South Asian market for hair brushes and shaving and toilet brushes for personal use declined to $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, consumption reached the peak level of $X, leveling off in the following year.

Production of Hair Brushes And Shaving And Toilet Brushes For Personal Use in Southern Asia

In value terms, hair, shaving and toilet brush production fell to $X in 2022 estimated in export price. In general, production recorded a slight contraction. The most prominent rate of growth was recorded in 2014 with an increase of 29%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Exports in Southern Asia

Hair, shaving and toilet brush exports contracted remarkably to X units in 2022, which is down by -36.4% against 2021. Overall, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 216%. Over the period under review, the exports hit record highs at X units in 2021, and then contracted remarkably in the following year.

In value terms, hair, shaving and toilet brush exports rose slightly to $X in 2022. Over the period under review, exports saw a mild shrinkage. The growth pace was the most rapid in 2018 with an increase of 88% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

India dominates exports structure, amounting to X units, which was approx. 97% of total exports in 2022. Pakistan (X units) followed a long way behind the leaders.

India was also the fastest-growing in terms of the hair brushes and shaving and toilet brushes for personal use exports, with a CAGR of +6.5% from 2012 to 2022. At the same time, Pakistan (+2.7%) displayed positive paces of growth. From 2012 to 2022, the share of India increased by +13 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest hair, shaving and toilet brush supplier in Southern Asia, comprising 90% of total exports. The second position in the ranking was held by Pakistan ($X), with a 5% share of total exports.

In India, hair, shaving and toilet brush exports increased at an average annual rate of +6.0% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, increasing by 65% against the previous year. Overall, the export price, however, saw a abrupt contraction. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a 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 Pakistan ($X per unit), while India stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+4.9%).

Imports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Imports in Southern Asia

Hair, shaving and toilet brush imports dropped modestly to X units in 2022, almost unchanged from 2021 figures. Overall, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2013 when imports increased by 91% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021, and then declined modestly in the following year.

In value terms, hair, shaving and toilet brush imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by 43%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

India dominates imports structure, amounting to X units, which was approx. 89% of total imports in 2022. It was distantly followed by Nepal (X units), making up a 5.1% share of total imports. Bangladesh (X units) and Pakistan (X units) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to hair, shaving and toilet brush imports into India stood at +24.1%. At the same time, Bangladesh (+42.7%) and Nepal (+4.2%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +42.7% from 2012-2022. By contrast, Pakistan (-7.6%) illustrated a downward trend over the same period. India (+34 p.p.) and Bangladesh (+2.8 p.p.) significantly strengthened its position in terms of the total imports, while Nepal and Pakistan saw its share reduced by -13.1% and -22% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported hair brushes and shaving and toilet brushes for personal use in Southern Asia, comprising 84% of total imports. The second position in the ranking was held by Pakistan ($X), with a 5.7% share of total imports. It was followed by Bangladesh, with a 5.4% share.

In India, hair, shaving and toilet brush imports expanded at an average annual rate of +16.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+4.9% per year) and Bangladesh (+23.3% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, rising by 17% against the previous year. In general, the import price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2014 an increase of 27% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, 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 Pakistan ($X per unit), while Nepal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+13.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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