Report Update Apr 1, 2024

Puerto Rico - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Electric Hair Dryer Market 2024

Electric Hair Dryer Market Size in Puerto Rico

In 2021, the Puerto Rican electric hair dryer market increased by 3.4% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a slight contraction. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Electric Hair Dryer Production in Puerto Rico

In value terms, electric hair dryer production rose modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by 20%. Puerto Rico production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Electric Hair Dryer Exports

Exports by Country

China dominates exports structure, accounting for X units, which was near 75% of total exports in 2021. It was distantly followed by Germany (X units), creating a 4.6% share of total exports. The following exporters - Malaysia (X units), Italy (X units), the Netherlands (X units), Thailand (X units), France (X units) and Hong Kong SAR (X units) - together made up 13% of total exports.

Exports from China increased at an average annual rate of +5.1% from 2012 to 2021. At the same time, the Netherlands (+29.0%), Germany (+12.3%), Italy (+5.6%), Malaysia (+5.4%) and France (+4.8%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +29.0% from 2012-2021. By contrast, Thailand (-3.3%) and Hong Kong SAR (-17.6%) illustrated a downward trend over the same period. China (+2.1 p.p.), Germany (+2.1 p.p.) and the Netherlands (+2.1 p.p.) significantly strengthened its position in terms of the global exports, while Thailand and Hong Kong SAR saw its share reduced by -2.2% and -6.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest electric hair dryer supplier from Puerto Rico, comprising 57% of global exports. The second position in the ranking was held by Malaysia ($X), with a 7.2% share of global exports. It was followed by Germany, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to +10.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+4.1% per year) and Germany (+7.3% per year).

Electric Hair Dryer Imports

Imports by Country

In 2021, the United States (X units), distantly followed by Germany (X units), the Netherlands (X units) and Japan (X units) were the main importers of electric hair dryers, together creating 38% of total imports. The following importers - Russia (X units), Italy (X units), France (X units), India (X units), Brazil (X units), the UK (X units), the United Arab Emirates (X units), Spain (X units) and South Korea (X units) - together made up 29% of total imports.

Imports into the United States increased at an average annual rate of +4.0% from 2012 to 2021. At the same time, the Netherlands (+24.2%), India (+20.4%), the United Arab Emirates (+13.7%), South Korea (+6.4%), Germany (+5.3%), Italy (+4.3%), Spain (+2.8%), Brazil (+2.7%) and France (+2.2%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of +24.2% from 2012-2021. Russia and the UK experienced a relatively flat trend pattern. By contrast, Japan (-3.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands and India increased by +4.3 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported electric hair dryers into Puerto Rico, comprising 16% of global imports. The second position in the ranking was taken by Japan ($X), with a 7.6% share of global imports. It was followed by Germany, with a 6.7% share.

In the United States, electric hair dryer imports increased at an average annual rate of +6.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (+3.2% per year) and Germany (+5.8% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric hair dryers in the world?

The country with the largest volume of electric hair dryer consumption was the United States, comprising approx. 28% of total volume. Moreover, electric hair dryer consumption in the United States exceeded the figures recorded by the second-largest consumer, China, threefold. Russia ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of electric hair dryers in the world?

The country with the largest volume of electric hair dryer production was China, comprising approx. 52% of total volume. Moreover, electric hair dryer production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was taken by Russia, with a 3.8% share.

What are the leading suppliers of electric hair dryers to Puerto Rico?

In value terms, the United States constitutes the largest market for imported electric hair dryers into Puerto Rico, comprising 16% of global imports. The second position in the ranking was taken by Japan, with a 7.6% share of global imports. It was followed by Germany, with a 6.7% share.

What are the leading importers of electric hair dryers from Puerto Rico?

In value terms, China remains the largest electric hair dryer supplier from Puerto Rico, comprising 57% of global exports. The second position in the ranking was held by Malaysia, with a 7.2% share of global exports. It was followed by Germany, with a 5.8% share.

This report provides an in-depth analysis of the electric hair dryer market in Puerto Rico. 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 27512310 - Electric hair dryers

Country coverage:

Puerto Rico

Data coverage:

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