ASEAN: Electric Hair Dryer Market 2024

Electric Hair Dryer Market Size in ASEAN

The ASEAN electric hair dryer market was estimated at $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption showed a buoyant expansion. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Electric Hair Dryer Production in ASEAN

In value terms, electric hair dryer production declined modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Electric Hair Dryer Exports

Exports in ASEAN

In 2022, overseas shipments of electric hair dryers increased by X% to X units, rising for the third consecutive year after two years of decline. Total exports indicated a tangible expansion from 2012 to 2022: its volume 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, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric hair dryer exports expanded rapidly to $X in 2022. In general, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

Thailand represented the largest exporter of electric hair dryers in ASEAN, with the volume of exports finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by Malaysia (X units), Singapore (X units) and Cambodia (X units), together committing a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Malaysia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X) remains the largest electric hair dryer supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

In Malaysia, electric hair dryer exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price saw a remarkable increase. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Cambodia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Electric Hair Dryer Imports

Imports in ASEAN

In 2022, supplies from abroad of electric hair dryers increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports posted a pronounced expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, electric hair dryer imports skyrocketed to $X in 2022. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Thailand (X units) and Singapore (X units) represented roughly X% of total imports in 2022. Malaysia (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%), Indonesia (X%) and the Philippines (X%). Myanmar (X units) followed a long way behind the leaders.

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

In value terms, Singapore ($X) constitutes the largest market for imported electric hair dryers in ASEAN, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Singapore amounted to X%. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Vietnam (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, jumping by X% against the previous year. In general, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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