The forecast for the import of worked human hair, wool, or animal hair for wig making to China indicates a slight but steady decrease between 2024 and 2028. In 2023, the value was noted at $188 million. From 2024 onwards, the expected year-on-year decrease ranges around 0.2%, indicating a subtle declining trend, leading to a Compound Annual Growth Rate (CAGR) of approximately –0.2% over five years. This minor downturn suggests a consistent but slow reduction in import volumes.
Future trends to watch for include the influence of domestic production capabilities, changes in consumer preferences towards synthetic alternatives, and potential regulatory changes affecting import tariffs or trade relations impacting international sourcing strategies.
