Report Update Nov 1, 2024

Sri Lanka - Hair Sprays - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Hair Spray Market 2024

Hair Spray Market Size in Sri Lanka

The Sri Lankan hair spray market stood at $X in 2022, increasing by 4.3% against the previous year. Over the period under review, consumption continues to indicate a slight downturn. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Hair Spray Production in Sri Lanka

In value terms, hair spray production expanded notably to $X in 2022 estimated in export price. Overall, production showed a pronounced setback. The pace of growth appeared the most rapid in 2020 when the production volume increased by 32%. Hair spray production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Hair Spray Exports

Exports from Sri Lanka

In 2022, after four years of decline, there was significant growth in overseas shipments of hair sprays, when their volume increased by 1,045% to X tons. Over the period under review, exports, however, recorded a dramatic decline. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, hair spray exports soared to $X in 2022. In general, exports, however, continue to indicate a dramatic curtailment. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), Pakistan (X tons) and Maldives (X tons) were the main destinations of hair spray exports from Sri Lanka, with a combined 75% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Maldives (with a CAGR of +27.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hair spray exported from Sri Lanka were India ($X), Pakistan ($X) and the United Arab Emirates ($X), together comprising 81% of total exports. Maldives, Australia, the UK and Japan lagged somewhat behind, together comprising a further 18%.

Maldives, with a CAGR of +23.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hair spray export price stood at $X per ton in 2022, rising by 42% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 65%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+65.3%), while the prices for the other major destinations experienced more modest paces of growth.

Hair Spray Imports

Imports into Sri Lanka

Hair spray imports into Sri Lanka reduced rapidly to X tons in 2022, dropping by -52.5% on 2021 figures. Over the period under review, imports, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 424% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, hair spray imports declined markedly to $X in 2022. Overall, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2021 with an increase of 422% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Malaysia (X tons), India (X tons) and Italy (X tons) were the main suppliers of hair spray imports to Sri Lanka, with a combined 87% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +32.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Thailand ($X) and India ($X) were the largest hair spray suppliers to Sri Lanka, together comprising 87% of total imports. These countries were followed by Italy, which accounted for a further 7.8%.

In terms of the main suppliers, Italy, with a CAGR of +28.4%, saw the highest rates of growth with regard to 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 average hair spray import price amounted to $X per ton, picking up by 47% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Italy ($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 (+31.8%), while the prices for the other major suppliers experienced a decline.

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 accounting for 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 accounting for a further 26%.

What are the leading suppliers of hair sprays to Sri Lanka?

In value terms, the largest hair spray suppliers to Sri Lanka were Malaysia, India and Singapore, together accounting for 75% of total imports. These countries were followed by China, Italy, the United Arab Emirates and the United States, which together accounted for a further 8.6%.

What are the leading importers of hair sprays from Sri Lanka?

In value terms, the largest markets for hair spray exported from Sri Lanka were the United Arab Emirates, Iran and Japan, together accounting for 81% of total exports. These countries were followed by Pakistan, India and Bangladesh, which together accounted for a further 7.6%.

What is the average export price for hair sprays in Sri Lanka?

The average hair spray export price stood at $4,667 per ton in 2021, with a decrease of -10% against the previous year.

What is the average import price for hair sprays in Sri Lanka?

The average hair spray import price stood at $3,698 per ton in 2021, growing by 23% against the previous year.

This report provides an in-depth analysis of the hair spray market in Sri Lanka. 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:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
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