Forecast: Import of Powders for Skin Care and Make-Up to China

Between 2013 and 2023, the import volume of powders for skin care and make-up to China has increased from 1.0226 million kilograms to 1.4343 million kilograms. The period observed modest growth from year to year with some fluctuations. From a decline of -5.36% in 2014 to a high point of 9.07% in 2021, the Compounded Annual Growth Rate (CAGR) from 2018 to 2023 was 4%. The past five years showed a steady increase in the value imported.

Looking forward, the forecast data suggests continued growth with a 5-year CAGR of 2.39% and an overall growth rate of 12.51% by 2028. This will likely maintain the upward trend in import volumes, with projections indicating a volume of 1.6693 million kilograms by 2028.

Future trends to watch for involve the impact of sustainability initiatives, shifts in consumer preferences towards natural and organic products, and technological advancements in product formulations. Market dynamics such as trade policies and economic conditions may also influence future import volumes.