The import of tufted textile fabric, excluding carpets, to Japan is projected to increase steadily from 2024 to 2028, reaching 18.203 million kilograms by 2028. In 2023, the import level stood at an actual figure, providing a base for these forecasted increments. The year-on-year growth rate from 2024 to 2028 illustrates a consistent upward trend. Notably, the compound annual growth rate (CAGR) over the five-year forecasted period suggests a moderate average annual increase in import volumes.
Future trends to watch for include:
- Potential shifts in global textile production and shipping costs, which may affect import volumes.
- Regulatory changes or trade agreements impacting Japan's textile import market.
- Technological advancements in fabric production that may influence demand for imported tufted textiles.