ASEAN: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in ASEAN

The ASEAN manicure or pedicure preparations market fell to $X in 2023, with a decrease of X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Production of Manicure Or Pedicure Preparations in ASEAN

In value terms, manicure or pedicure preparations production reduced to $X in 2023 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Exports of Manicure Or Pedicure Preparations

Exports in ASEAN

In 2023, approx. X tons of manicure or pedicure preparations were exported in ASEAN; rising by X% compared with the previous year's figure. Over the period under review, exports, however, saw a abrupt decline. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, manicure or pedicure preparations exports skyrocketed to $X in 2023. Overall, exports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tons) and Singapore (X tons) represented roughly X% of total exports in 2023. The Philippines (X tons) ranks next in terms of the total exports with a X% share, followed by Thailand (X%) and Cambodia (X%). Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Cambodia (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Singapore ($X) remains the largest manicure or pedicure preparations supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Thailand, with an X% share.

In Singapore, manicure or pedicure preparations exports contracted by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2023, waning by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Manicure Or Pedicure Preparations

Imports in ASEAN

In 2023, overseas purchases of manicure or pedicure preparations increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2023, the growth of imports remained at a lower figure.

In value terms, manicure or pedicure preparations imports declined to $X in 2023. Overall, imports, however, saw a noticeable setback. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

Indonesia represented the major importer of manicure or pedicure preparations in ASEAN, with the volume of imports resulting at X tons, which was near X% of total imports in 2023. The Philippines (X tons) held the second position in the ranking, followed by Malaysia (X tons), Singapore (X tons) and Thailand (X tons). All these countries together took approx. X% share of total imports. Vietnam (X tons) followed a long way behind the leaders.

Indonesia was also the fastest-growing in terms of the manicure or pedicure preparations imports, with a CAGR of X% from 2012 to 2023. At the same time, the Philippines (X%) displayed positive paces of growth. Vietnam experienced a relatively flat trend pattern. By contrast, Thailand (X%), Malaysia (X%) and Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Indonesia and the Philippines increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X), Singapore ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports.

In terms of the main importing countries, Indonesia, with a CAGR of X%, 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 mixed trends in the imports figures.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2022 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform