The import of toothbrushes to the Philippines has shown a consistent upward trend from 2024 to 2028, with forecasted values indicating a steady growth. In 2023, the actual import value stood at an earlier point, and from there, the data highlights an increase.
Year-on-year variation percentages are as follows:- From 2024 to 2025: an increase of approximately 4.36%- From 2025 to 2026: an increase of approximately 4.10%- From 2026 to 2027: an increase of approximately 3.86%- From 2027 to 2028: an increase of approximately 3.64%
The compound annual growth rate (CAGR) over the forecasted five-year period from 2024 to 2028 averages around 4.0%, indicating a stable and encouraging market.
Future trends to watch for include shifts in consumer preferences towards sustainable and eco-friendly toothbrush options, technological advancements in oral care, and potential changes in trade policies that might affect import costs and demand.