In 2023, the re-import value of personal deodorants and antiperspirants to China stood at $15.68 thousand USD. Forecasted data for 2024 to 2028 indicates a steady declining trend, decreasing from $14.94 thousand USD in 2024 to $12.07 thousand USD in 2028. This represents a compound annual growth rate (CAGR) of approximately -5.8% over the period. The year-on-year percentage change reflects consistent negative growth, emphasizing a decreasing demand or shift in import strategy.
Future trends to watch for:
- The rise of local production capabilities in China, potentially reducing the need for re-imports.
- Increasing consumer preference for domestic brands due to improved quality and competitive pricing.
- Potential shifts in government policies affecting import tariffs and local incentives.