U.S.: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in the U.S.

In 2021, after three years of decline, there was significant growth in the U.S. manicure or pedicure preparations market, when its value increased by 36% to $X. Overall, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Manicure or pedicure preparations consumption peaked in 2021 and is expected to retain growth in the immediate term.

Production of Manicure Or Pedicure Preparations in the U.S.

In value terms, manicure or pedicure preparations production skyrocketed to $X in 2021. Over the period under review, production, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2017 with an increase of 40% against the previous year. Manicure or pedicure preparations production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Manicure Or Pedicure Preparations

Exports from the U.S.

In 2021, shipments abroad of manicure or pedicure preparations was finally on the rise to reach X tons for the first time since 2013, thus ending a seven-year declining trend. Overall, exports, however, showed a abrupt descent. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, manicure or pedicure preparations exports soared to $X in 2021. In general, exports, however, recorded a deep setback. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Mexico (X tons), Canada (X tons) and the UK (X tons) were the main destinations of manicure or pedicure preparations exports from the United States, together comprising 38% of total exports. These countries were followed by Germany, Australia, Belgium, France, the United Arab Emirates, Chile, China, the Netherlands, the Dominican Republic and Japan, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were in the Dominican Republic (with a CAGR of +10.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for manicure or pedicure preparations exports from the United States, comprising 27% of total exports. The second position in the ranking was taken by Mexico ($X), with a 10% share of total exports. It was followed by the UK, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Canada stood at -6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-2.6% per year) and the UK (-10.1% per year).

Export Prices by Country

In 2021, the average manicure or pedicure preparations export price amounted to $X per ton, with an increase of 2.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2018 an increase of 19%. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Preparations

Imports into the U.S.

In 2021, overseas purchases of manicure or pedicure preparations increased by 69% to X tons, rising for the second year in a row after five years of decline. Overall, imports continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, manicure or pedicure preparations imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of manicure or pedicure preparations to the United States, with a 41% share of total imports. Moreover, manicure or pedicure preparations imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tons), twofold. The third position in this ranking was held by South Korea (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+51.7% per year) and South Korea (+21.2% per year).

In value terms, the largest manicure or pedicure preparations suppliers to the United States were China ($X), Mexico ($X) and South Korea ($X), with a combined 67% share of total imports.

Among the main suppliers, Mexico, with a CAGR of +40.7%, 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 2021, the average manicure or pedicure preparations import price amounted to $X per ton, dropping by -31.6% against the previous year. Overall, the import price saw a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 16%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-2.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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