Report Republic of Korea - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 24, 2022

Republic of Korea - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Pricing Plan

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Republic of Korea: Electric Hair Dryer Market 2022

Electric Hair Dryer Market Size in Republic of Korea

In 2021, the South Korean electric hair dryer market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption posted a buoyant increase. Electric hair dryer consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Electric Hair Dryer Production in Republic of Korea

In value terms, electric hair dryer production surged to $X in 2021 estimated in export price. In general, production continues to indicate prominent growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Electric hair dryer production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Electric Hair Dryer Exports

Exports from Republic of Korea

In 2021, shipments abroad of electric hair dryers increased by X% to X units for the first time since 2016, thus ending a four-year declining trend. In general, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electric hair dryer exports expanded to $X in 2021. Overall, exports recorded resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X units) was the main destination for electric hair dryer exports from South Korea, accounting for a X% share of total exports. Moreover, electric hair dryer exports to Japan exceeded the volume sent to the second major destination, China (X units), eightfold. The third position in this ranking was held by Australia (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Japan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Australia (+X% per year).

In value terms, Japan ($X) remains the key foreign market for electric hair dryer exports from South Korea, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with an X% share of total exports. It was followed by the UK, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and the UK (+X% per year).

Export Prices by Country

The average electric hair dryer export price stood at $X per unit in 2021, reducing by -X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2020, and then dropped significantly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2012 to 2021, 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.

Electric Hair Dryer Imports

Imports into Republic of Korea

In 2021, approx. X units of electric hair dryers were imported into South Korea; waning by -X% on 2020. Over the period under review, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2020, and then contracted significantly in the following year.

In value terms, electric hair dryer imports shrank to $X in 2021. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2020, and then declined in the following year.

Imports by Country

In 2021, China (X units) constituted the largest electric hair dryer supplier to South Korea, with a X% share of total imports. Moreover, electric hair dryer imports from China exceeded the figures recorded by the second-largest supplier, the Philippines (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (-X% per year) and Malaysia (-X% per year).

In value terms, the largest electric hair dryer suppliers to South Korea were China ($X), the Philippines ($X) and Malaysia ($X), with a combined X% share of total imports.

Malaysia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric hair dryer import price stood at $X per unit in 2021, rising by X% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric hair dryer import price decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Malaysia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for electric hair dryers in the world?
+
The countries with the highest volumes of consumption in 2021 were the United States, China and Russia, with a combined 50% share of global consumption. Japan, Brazil, Germany, South Korea, Italy, Thailand, Malaysia, India, Australia and France lagged somewhat behind, together accounting for a further 28%.
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, accounting for 52% of total volume. Moreover, electric hair dryer production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. The third position in this ranking was held by Malaysia, with a 6.6% share.
What are the leading suppliers of electric hair dryers to Republic of Korea?
+
In value terms, the largest electric hair dryer suppliers to South Korea were China, the Philippines and Malaysia, with a combined 99% share of total imports.
What are the leading importers of electric hair dryers from Republic of Korea?
+
In value terms, Japan remains the key foreign market for electric hair dryer exports from South Korea, comprising 59% of total exports. The second position in the ranking was held by the United States, with an 11% share of total exports. It was followed by the UK, with an 8.7% share.
What is the average export price for electric hair dryers in Republic of Korea?
+
The average electric hair dryer export price stood at $20 per unit in 2021, shrinking by -16.2% against the previous year.
What is the average import price for electric hair dryers in Republic of Korea?
+
The average electric hair dryer import price stood at $17 per unit in 2021, with an increase of 7.6% against the previous year.

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

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET