The import of collections and collectors' pieces to Malaysia is forecasted to grow steadily from 2024 to 2028, reaching from 2.0049 million USD to 2.3167 million USD. In 2023, the actual value stood at approximately 1.927 million USD. The year-on-year growth from 2024 to 2025 is 4%, from 2025 to 2026 is 3.8%, from 2026 to 2027 is 3.6%, and from 2027 to 2028 is 3.4%. Over the last two years, the sector has shown a consistent increase. The Compound Annual Growth Rate (CAGR) over the next five years is on average 3.7% annually.
Future trends to watch for:
- Increasing interest in high-value collectibles as alternative investments.
- Digital transformation and the impact of online marketplaces.
- Evolving regulatory frameworks and import duties.
- Growth in demand from affluent consumers and collectors.