Southern Asia: Market for Shampoos, Hair Lacquers And Other Preparations 2024

Market Size for Shampoos, Hair Lacquers And Other Preparations in Southern Asia

The South Asian market for shampoos, hair lacquers and other preparations reached $X in 2022, increasing by 1.7% against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.4% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Shampoos, Hair Lacquers And Other Preparations in Southern Asia

In value terms, production of shampoos, hair lacquers and other preparations stood at $X in 2022 estimated in export price. In general, production showed a strong increase. The growth pace was the most rapid in 2014 when the production volume increased by 30%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports in Southern Asia

After two years of growth, overseas shipments of shampoos, hair lacquers and other preparations decreased by -4.9% to X tons in 2022. The total export volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 34% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2021, and then dropped modestly in the following year.

In value terms, exports of shampoos, hair lacquers and other preparations amounted to $X in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.3% 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 +11.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 35% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

India prevails in preparations structure, accounting for X tons, which was near 93% of total exports in 2022. Pakistan (X tons) and Sri Lanka (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to shampoo, hair lacquer and other preparations exports from India stood at +2.7%. At the same time, Pakistan (+14.6%) and Sri Lanka (+2.3%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +14.6% from 2012-2022. From 2012 to 2022, the share of Pakistan increased by +2.7 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest shampoo, hair lacquer and other preparations supplier in Southern Asia, comprising 92% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 5.3% share of total exports.

In India, exports of shampoos, hair lacquers and other preparations expanded at an average annual rate of +6.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (+15.4% per year) and Sri Lanka (+2.2% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, picking up by 5.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2019 an increase of 17%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports in Southern Asia

In 2022, approx. X tons of shampoos, hair lacquers and other preparations were imported in Southern Asia; dropping by -6.5% against the previous year's figure. In general, imports, however, saw a mild expansion. The pace of growth appeared the most rapid in 2014 with an increase of 50% against the previous year. Over the period under review, imports of hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of shampoos, hair lacquers and other preparations rose rapidly to $X in 2022. Total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 +45.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, India (X tons) was the main importer of shampoos, hair lacquers and other preparations, committing 40% of total imports. Pakistan (X tons) ranks second in terms of the total imports with an 18% share, followed by Nepal (14%), Afghanistan (12%) and Bangladesh (10%). Maldives (X tons) held a relatively small share of total imports.

India was also the fastest-growing in terms of the shampoos, hair lacquers and other preparations imports, with a CAGR of +9.6% from 2012 to 2022. At the same time, Nepal (+5.1%) and Maldives (+3.3%) displayed positive paces of growth. By contrast, Afghanistan (-1.9%), Bangladesh (-2.4%) and Pakistan (-5.5%) illustrated a downward trend over the same period. While the share of India (+22 p.p.) and Nepal (+4.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Afghanistan (-4 p.p.), Bangladesh (-4.1 p.p.) and Pakistan (-16.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported shampoos, hair lacquers and other preparations in Southern Asia, comprising 54% of total imports. The second position in the ranking was taken by Nepal ($X), with a 14% share of total imports. It was followed by Pakistan, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled +9.3%. The remaining importing countries recorded the following average annual rates of imports growth: Nepal (+8.9% per year) and Pakistan (-2.7% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, surging by 17% against the previous year. Import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for shampoos, hair lacquers and other preparations increased by +77.9% against 2015 indices. The most prominent rate of growth was recorded in 2019 when the import price increased by 22% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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