In 2023, the import of rubber hygienic and pharmacy items to China, excluding contraceptives, stood at an estimated value of 16.875 million US dollars. From 2024 to 2028, projections indicate a steady increase in imports, ranging from 17.255 million to 18.759 million US dollars. This represents a year-on-year growth trend between 2.24% and 2.51% during this period.
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 2.27%, reflecting stable market demand.
Future trends to watch for include:
- The impact of technological advancements in the production of rubber items on import patterns.
- Potential shifts in demand driven by changes in consumer health awareness and hygiene practices.
- Economic factors influencing import costs, such as foreign exchange rates and international trade policies.