India: Market for Preparations For Permanent Waving Or Straightening Of Hair 2024

Market Size for Preparations For Permanent Waving Or Straightening Of Hair in India

The Indian market for preparations for permanent waving or straightening of hair dropped modestly to $X in 2022, shrinking by X% against the previous year. Overall, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Hair waving or straightening preparations consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Preparations For Permanent Waving Or Straightening Of Hair in India

In value terms, hair waving or straightening preparations production declined to $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2015 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Preparations For Permanent Waving Or Straightening Of Hair

Exports from India

In 2022, the amount of preparations for permanent waving or straightening of hair exported from India shrank dramatically to X tons, declining by X% compared with 2021. Overall, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hair waving or straightening preparations exports contracted significantly to $X in 2022. Over the period under review, exports, however, showed a resilient increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Bangladesh (X tons), Sri Lanka (X tons) and the United Arab Emirates (X tons) were the main destinations of hair waving or straightening preparations exports from India, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X), Bangladesh ($X) and the United Arab Emirates ($X) were the largest markets for hair waving or straightening preparations exported from India worldwide, together comprising X% of total exports.

Among the main countries of destination, Sri Lanka, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for preparations for permanent waving or straightening of hair amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price, however, saw tangible growth. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Preparations For Permanent Waving Or Straightening Of Hair

Imports into India

In 2022, supplies from abroad of preparations for permanent waving or straightening of hair increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, hair waving or straightening preparations imports expanded rapidly to $X in 2022. In general, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of hair waving or straightening preparations to India, with a X% share of total imports. Moreover, hair waving or straightening preparations imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Brazil (X% per year).

In value terms, China ($X) constituted the largest supplier of preparations for permanent waving or straightening of hair to India, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2022, the average import price for preparations for permanent waving or straightening of hair amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, saw a drastic downturn. The growth pace was the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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