Dentist Or Barber Chair Market

The article provides a comprehensive analysis of the global dentist and barber chair market, outlining consumption, production, imports, and exports trends from 2012 to 2022 and projecting future growth up to 2030. Key highlights include the expected increase in market volume to 47M units by 2030, with a forecasted CAGR of +1.5% for consumption and +4.4% for market value. China emerges as the largest consumer and producer of dentist and barber chairs, while the United States leads in imports and exports. The market shows steady growth in consumption, production, and value, with notable fluctuations in certain years. Detailed country-wise data on consumption, production, imports, and exports is also provided, showcasing growth rates, market shares, and trends in average prices per unit.

Market Forecast

Driven by increasing demand for dentist and barber chairs worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +1.5% for the period from 2022 to 2030, which is projected to bring the market volume to 47M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.4% for the period from 2022 to 2030, which is projected to bring the market value to $3B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Dentist And Barber Chairs

Global dentist or barber chair consumption amounted to 41M units in 2022, almost unchanged from 2021. Over the period under review, the total consumption indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +4.7% 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 +75.7% against 2014 indices. Global consumption peaked in 2022 and is likely to continue growth in years to come.

The global dentist or barber chair market revenue rose modestly to $2.2B in 2022, increasing by 3.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market hit record highs at $2.2B in 2019; afterwards, it flattened through to 2022.

Consumption By Country

China (12M units) constituted the country with the largest volume of dentist or barber chair consumption, comprising approx. 28% of total volume. Moreover, dentist or barber chair consumption in China exceeded the figures recorded by the second-largest consumer, the United States (4.4M units), threefold. India (3.7M units) ranked third in terms of total consumption with a 9% share.

From 2012 to 2022, the average annual growth rate of volume in China totaled +2.1%. The remaining consuming countries recorded the following average annual rates of consumption growth: the United States (+5.8% per year) and India (+4.9% per year).

In value terms, India ($349M), China ($286M) and the United States ($231M) appeared to be the countries with the highest levels of market value in 2022, with a combined 40% share of the global market. Italy, Japan, Mexico, Brazil, Germany, Democratic Republic of the Congo, South Korea, Turkey, Spain and Nigeria lagged somewhat behind, together comprising a further 34%.

Nigeria, with a CAGR of +42.7%, saw the highest growth rate of market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of dentist or barber chair per capita consumption in 2022 were Italy (23 units per million persons), Turkey (20 units per million persons) and Spain (19 units per million persons).

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +39.9%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Dentist And Barber Chairs

In 2022, approx. 56M units of dentist and barber chairs were produced worldwide; surging by 5.6% compared with the previous year's figure. Overall, production continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Global production peaked in 2022 and is likely to continue growth in the near future.

In value terms, dentist or barber chair production expanded to $2.3B in 2022 estimated in export price. The total output value increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 11%. Global production peaked in 2022 and is likely to see steady growth in the near future.

Production By Country

China (34M units) remains the largest dentist or barber chair producing country worldwide, accounting for 61% of total volume. Moreover, dentist or barber chair production in China exceeded the figures recorded by the second-largest producer, India (3.7M units), ninefold. The United States (2.2M units) ranked third in terms of total production with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China amounted to +9.6%. The remaining producing countries recorded the following average annual rates of production growth: India (+5.0% per year) and the United States (-1.5% per year).

Imports

World Imports of Dentist And Barber Chairs

Global dentist or barber chair imports rose rapidly to 14M units in 2022, with an increase of 12% on 2021. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +109.2% against 2012 indices. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, dentist or barber chair imports expanded notably to $640M in 2022. The total import value increased at an average annual rate of +4.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports By Country

The United States was the major importing country with an import of around 3.2M units, which amounted to 23% of total imports. Spain (858K units) ranks second in terms of the total imports with a 6.1% share, followed by Nigeria (4.6%). Germany (614K units), Malaysia (544K units), the UK (463K units), the United Arab Emirates (420K units), Italy (404K units), the Netherlands (374K units), France (367K units), Brazil (347K units), Poland (330K units) and Canada (323K units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to dentist or barber chair imports into the United States stood at +17.8%. At the same time, Nigeria (+43.5%), Malaysia (+38.8%), Poland (+17.0%), Spain (+14.4%), the Netherlands (+8.1%), Brazil (+6.9%), the United Arab Emirates (+6.6%), France (+5.4%), Italy (+5.3%), Germany (+2.7%) and the UK (+1.5%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in the world, with a CAGR of +43.5% from 2012-2022. Canada experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United States, Nigeria, Malaysia and Spain increased by +14, +4.4, +3.6 and +2.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($117M) constitutes the largest market for imported dentist and barber chairs worldwide, comprising 18% of global imports. The second position in the ranking was held by Germany ($42M), with a 6.6% share of global imports. It was followed by France, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to +7.9%. In the other countries, the average annual rates were as follows: Germany (+2.7% per year) and France (+6.6% per year).

Import Prices By Country

In 2022, the average dentist or barber chair import price amounted to $46 per unit, flattening at the previous year. Over the period under review, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 7.6% against the previous year. Global import price peaked at $65 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($109 per unit), while Nigeria ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.9%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Dentist And Barber Chairs

For the sixth year in a row, the global market recorded growth in overseas shipments of dentist and barber chairs, which increased by 17% to 29M units in 2022. In general, exports saw resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, dentist or barber chair exports stood at $671M in 2022. Over the period under review, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.3% 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 +46.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 31%. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports By Country

China prevails in exports structure, recording 23M units, which was near 80% of total exports in 2022. The following exporters - Taiwan (Chinese) (1,078K units), the United States (1,047K units) and Italy (596K units) - together made up 9.5% of total exports.

China was also the fastest-growing in terms of the dentist and barber chairs exports, with a CAGR of +17.9% from 2012 to 2022. At the same time, the United States (+4.0%) displayed positive paces of growth. Taiwan (Chinese) and Italy experienced a relatively flat trend pattern. While the share of China (+29 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the United States (-4.5 p.p.), Italy (-5.1 p.p.) and Taiwan (Chinese) (-7.7 p.p.) displayed negative dynamics.

In value terms, China ($333M) remains the largest dentist or barber chair supplier worldwide, comprising 50% of global exports. The second position in the ranking was held by Italy ($66M), with a 9.9% share of global exports. It was followed by the United States, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to +12.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+1.6% per year) and the United States (-0.3% per year).

Export Prices By Country

The average dentist or barber chair export price stood at $23 per unit in 2022, waning by -4.7% against the previous year. Over the period under review, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 3.1% against the previous year. As a result, the export price reached the peak level of $47 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

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 Italy ($111 per unit), while China ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.0%), while the other global leaders experienced mixed trends in the export price figures.

Source: IndexBox Market Intelligence Platform