In 2023, China's import volume of personal deodorants and antiperspirants stood at 287.14 thousand kilograms. The forecasted data from 2024 indicates a steady decline, with imports decreasing year-on-year by approximately 3.6% until 2028. By 2028, it is expected to reach 238.52 thousand kilograms, marking a compound annual growth rate (CAGR) of -3.7% over the five-year forecast period.
Future trends to watch for:
- The growing emphasis on local production could further decrease reliance on imports.
- Changing consumer preferences towards natural and sustainable products might influence import needs.
- Regulatory changes or trade policies could impact import volumes significantly.