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Republic of Korea - Shampoos - Market Analysis, Forecast, Size, Trends and Insights
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Republic of Korea: Shampoo Market Overview 2021

Shampoo Market Size in Republic of Korea

After two years of decline, the South Korean shampoo market increased by X% to $X in 2020. Over the period under review, the total consumption indicated a perceptible expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Shampoo consumption peaked in 2020 and is expected to retain growth in the near future.

Shampoo Production in Republic of Korea

In value terms, shampoo production rose remarkably to $X in 2020 estimated in export prices. In general, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Shampoo production peaked in 2020 and is expected to retain growth in the near future.

Shampoo Exports

Exports from Republic of Korea

In 2020, overseas shipments of shampoos decreased by -X% to X tonnes for the first time since 2011, thus ending a eight-year rising trend. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at X tonnes in 2019, and then declined sharply in the following year.

In value terms, shampoo exports reduced to $X in 2020. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Exports peaked at $X in 2019, and then reduced in the following year.

Exports by Country

Myanmar (X tonnes) was the main destination for shampoo exports from South Korea, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Myanmar amounted to +X%.

In value terms, Myanmar ($X) also remains the key foreign market for shampoo exports from South Korea.

From 2007 to 2020, the average annual growth rate of value to Myanmar totaled +X%.

Export Prices by Country

In 2020, the average shampoo export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, export price indicated a prominent expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The export price peaked in 2020 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2007 to 2020, the rate of growth in terms of prices for Myanmar amounted to +X% per year.

Shampoo Imports

Imports into Republic of Korea

Shampoo imports into South Korea shrank significantly to X tonnes in 2020, reducing by -X% against the previous year's figure. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes. From 2011 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, shampoo imports contracted dramatically to $X in 2020. Over the period under review, imports continue to indicate tangible growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2011 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, the U.S. (X tonnes) constituted the largest supplier of shampoo to South Korea, accounting for a X% share of total imports. Moreover, shampoo imports from the U.S. exceeded the figures recorded by the second-largest supplier, Israel (X tonnes), threefold. The third position in this ranking was occupied by China (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+X% per year) and China (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of shampoo to South Korea, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Israel (+X% per year).

Import Prices by Country

In 2020, the average shampoo import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the import price, however, continues to indicate strong growth. The growth pace was the most rapid in 2016 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for shampoos in the world?
+
The countries with the highest volumes of shampoo consumption in 2020 were China (1.2M tonnes), the U.S. (636K tonnes) and India (464K tonnes), with a combined 41% share of global consumption. These countries were followed by Russia, Brazil, Turkey, Mexico, Indonesia, Japan, Italy, France, Germany and Canada, which together accounted for a further 33%.
What are the largest producers of shampoos in the world?
+
The countries with the highest volumes of shampoo production in 2020 were China (1.2M tonnes), the U.S. (626K tonnes) and India (470K tonnes), together accounting for 42% of global production. These countries were followed by Russia, France, Mexico, Brazil, Indonesia, Italy, Turkey, Japan, Germany and Thailand, which together accounted for a further 39%.
What are the leading suppliers of shampoos to Republic of Korea?
+
In value terms, the U.S. ($29M) constituted the largest supplier of shampoo to South Korea, comprising 53% of total imports. The second position in the ranking was occupied by Germany ($5.4M), with a 9.9% share of total imports. It was followed by Israel, with a 9.3% share.
What are the leading importers of shampoos from Republic of Korea?
+
In value terms, Myanmar ($144M) remains the key foreign market for shampoo exports from South Korea.
What is the average export price for shampoos in Republic of Korea?
+
In 2020, the average shampoo export price amounted to $6,625 per tonne, surging by 21% against the previous year.
What is the average import price for shampoos in Republic of Korea?
+
In 2020, the average shampoo import price amounted to $8,354 per tonne, waning by -4.4% against the previous year.

Product coverage:
• Prodcom 20421630 - Shampoos

This report provides an in-depth analysis of the shampoo 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 2025.


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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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