Republic of Korea - Hair Sprays - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Republic of Korea - Hair Sprays - Market Analysis, Forecast, Size, Trends And Insights

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Hair Spray Price in South Korea - 2022

Contents:

  1. Hair Spray Price in South Korea (CIF) - 2022
  2. Hair Spray Price in South Korea (FOB) - 2022
  3. Hair Spray Imports in South Korea
  4. Hair Spray Exports in South Korea

Hair Spray Price in South Korea (CIF) - 2022

In December 2022, the average hair spray import price amounted to $10,074 per ton, surging by 16% against the previous month. In general, the import price, however, recorded a slight contraction. The most prominent rate of growth was recorded in March 2022 when the average import price increased by 43% m-o-m. Over the period under review, average import prices hit record highs at $12,431 per ton in December 2021; however, from January 2022 to December 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was the United States ($15,774 per ton), while the price for Indonesia ($7,286 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Hair Spray Price in South Korea (FOB) - 2022

In December 2022, the average hair spray export price amounted to $15,815 per ton, picking up by 64% against the previous month. Overall, the export price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 98% m-o-m. Over the period under review, the average export prices reached the peak figure at $18,160 per ton in December 2021; however, from January 2022 to December 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In December 2022, the country with the highest price was the United States ($19,562 per ton), while the average price for exports to Russia ($4,572 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Hair Spray Imports in South Korea

In 2022, purchases abroad of hair sprays was finally on the rise to reach 558 tons after two years of decline. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hair spray imports skyrocketed to $4.6M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Hair Spray in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,3901,3921,3482,30118.3%
China1,4321,3121,3101,5492.7%
United States781574586428-18.2%
Indonesia343262167249-10.1%
Others14712461.969.3-22.2%
Total4,0943,6653,4734,5963.9%

Top Suppliers of Hair Spray to South Korea in 2022:

  1. Japan (282.9 tons)
  2. China (216.5 tons)
  3. Indonesia (34.7 tons)
  4. United States (20.2 tons)

Hair Spray Exports in South Korea

After three years of growth, shipments abroad of hair sprays decreased by -52% to 85 tons in 2022. Overall, exports, however, showed perceptible growth. The growth pace was the most rapid in 2020 when exports increased by 85% against the previous year.

In value terms, hair spray exports dropped remarkably to $1.2M in 2022. In general, exports, however, saw a slight increase. The growth pace was the most rapid in 2020 when exports increased by 159% against the previous year.

Export of Hair Spray in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4181,5362,53057711.3%
Vietnam14511811721213.5%
China7.2710117117153.3%
Malaysia65.252.429.943.2-12.8%
Singapore12322415537.4-32.8%
Taiwan (Chinese)66.254.453.533.0-20.7%
Hong Kong SAR94.818.419.533.0-29.7%
RussiaN/A7.09.319.767.8%
Cambodia10.010.68.516.818.9%
Canada6.9N/A1.65.7-6.2%
Others16311712158.8-28.8%
Total1,1002,8483,1621,1531.6%

Top Export Markets for Hair Spray from South Korea in 2022:

  1. United States (31.3 tons)
  2. Vietnam (28.1 tons)
  3. Russia (4.2 tons)
  4. Singapore (3.2 tons)
  5. Cambodia (2.8 tons)
  6. Hong Kong SAR (2.8 tons)
  7. China (2.7 tons)
  8. Malaysia (2.4 tons)
  9. Taiwan (Chinese) (1.8 tons)
  10. Canada (1.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hair spray market in Republic of Korea. 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:

  • South Korea

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Republic of Korea
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Hair spray is a vital hair styling product that has become a staple in the beauty industry. It provides hold, texture, and volume to various hairstyles, making it a popular choice among both professional stylists and individuals. As the demand for hair spray continues to rise, import markets around the world play a significant role in meeting this increasing demand. When it comes to hair spray imports, several countries stand out as the top players in the global market. The data from the IndexBox market intelligence platform highlights the world's best import markets for hair spray, based on their import values in 2022. Germany leads the pack with an impressive import value of 71.8 million USD in 2022. The country has a strong presence in the beauty and cosmetics industry, with a vast consumer base that appreciates quality hair care products. The high import value of hair spray in Germany is indicative of the robust demand for this product among German consumers, both professionals and individuals alike. The United States follows closely with an import value of 63.1 million USD in 2022. The U.S. beauty market is one of the largest in the world, and hair spray is undoubtedly a significant contributor to its growth. With a strong culture of hairstyling and maintenance, hair spray has become an essential product for Americans, making the country a prominent player in the import market. Canada secures the third spot with a noteworthy import value of 34.6 million USD in 2022. The Canadian market has also witnessed a surge in demand for hair spray, primarily driven by the increasing adoption of hairstyling trends and techniques. The thriving beauty industry in Canada has led to a significant import market for hair spray, making it an attractive destination for international hair spray exporters. The United Kingdom is another key player in the import market for hair spray, with an import value of 34.0 million USD in 2022. British consumers place great importance on their appearance and hair care, making hair spray an essential part of their styling routine. The strong presence of salon culture and fashion-conscious population contributes to the steady growth of the hair spray market in the UK. Poland secures the fifth position in the list of top import markets for hair spray, with an import value of 28.8 million USD in 2022. The Polish market has experienced a significant rise in demand for hair spray, driven by the increasing disposable income of the population and their growing inclination towards grooming and personal care. This has resulted in a booming import market for hair spray in Poland. The data from the IndexBox market intelligence platform paints a clear picture of the world's best import markets for hair spray. These countries not only exhibit substantial import values but also reflect the demand and popularity of hair spray among their respective consumer bases. As the beauty industry continues to evolve and hair care remains a priority for millions worldwide, the importance of hair spray in the global market is set to grow further. Manufacturers and exporters can leverage the insights provided by the IndexBox platform to identify potential opportunities in these top import markets and tailor their strategies to meet the demands of these thriving economies. IndexBox provides comprehensive market intelligence and invaluable data that aids businesses in making informed decisions. With a wide range of data covering various industries, including hair care, IndexBox is a trusted source of market insights for businesses worldwide. Note: The data used in this article is sourced from the IndexBox market intelligence platform.

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Hair spray is a vital hair styling product that has become a staple in the beauty industry. It provides hold, texture, and volume to various hairstyles, making it a popular choice among both professional stylists and individuals. As the demand for hair spray continues to rise, import markets around the world play a significant role in meeting this increasing demand. When it comes to hair spray imports, several countries stand out as the top players in the global market. The data from the IndexBox market intelligence platform highlights the world's best import markets for hair spray, based on their import values in 2022. Germany leads the pack with an impressive import value of 71.8 million USD in 2022. The country has a strong presence in the beauty and cosmetics industry, with a vast consumer base that appreciates quality hair care products. The high import value of hair spray in Germany is indicative of the robust demand for this product among German consumers, both professionals and individuals alike. The United States follows closely with an import value of 63.1 million USD in 2022. The U.S. beauty market is one of the largest in the world, and hair spray is undoubtedly a significant contributor to its growth. With a strong culture of hairstyling and maintenance, hair spray has become an essential product for Americans, making the country a prominent player in the import market. Canada secures the third spot with a noteworthy import value of 34.6 million USD in 2022. The Canadian market has also witnessed a surge in demand for hair spray, primarily driven by the increasing adoption of hairstyling trends and techniques. The thriving beauty industry in Canada has led to a significant import market for hair spray, making it an attractive destination for international hair spray exporters. The United Kingdom is another key player in the import market for hair spray, with an import value of 34.0 million USD in 2022. British consumers place great importance on their appearance and hair care, making hair spray an essential part of their styling routine. The strong presence of salon culture and fashion-conscious population contributes to the steady growth of the hair spray market in the UK. Poland secures the fifth position in the list of top import markets for hair spray, with an import value of 28.8 million USD in 2022. The Polish market has experienced a significant rise in demand for hair spray, driven by the increasing disposable income of the population and their growing inclination towards grooming and personal care. This has resulted in a booming import market for hair spray in Poland. The data from the IndexBox market intelligence platform paints a clear picture of the world's best import markets for hair spray. These countries not only exhibit substantial import values but also reflect the demand and popularity of hair spray among their respective consumer bases. As the beauty industry continues to evolve and hair care remains a priority for millions worldwide, the importance of hair spray in the global market is set to grow further. Manufacturers and exporters can leverage the insights provided by the IndexBox platform to identify potential opportunities in these top import markets and tailor their strategies to meet the demands of these thriving economies. IndexBox provides comprehensive market intelligence and invaluable data that aids businesses in making informed decisions. With a wide range of data covering various industries, including hair care, IndexBox is a trusted source of market insights for businesses worldwide. Note: The data used in this article is sourced from the IndexBox market intelligence platform.

Which Country Imports the Most Shampoos in the World?
May 28, 2018
Eye 1506

In 2016, the amount of shampoo imported worldwide stood at X tons, surging by X% against the previous year level. Overall, shampoo imports continue to indicate a conspicuous increase. The pace of g...

Which Country Exports the Most Shampoos in the World?
May 28, 2018
Eye 4437

In 2016, the amount of shampoo imported worldwide stood at X tons, surging by X% against the previous year level. Overall, shampoo imports continue to indicate a conspicuous increase. The pace of g...

Best Import Markets for Hair Lotion and Preparation
Dec 25, 2023
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Explore the top 10 countries with the highest import value for hair lotion and preparation in 2022. Discover key statistics and market insights using IndexBox market intelligence platform.

Free Data: Hair Sprays - South Korea