The sector has shown significant fluctuations from 2014 to 2023. Notably, it experienced sharp declines in 2018 and 2020 (-55.47% and -56.3% YoY, respectively), but also substantial recoveries in 2016 and 2021 (77.26% and 120.13% YoY, respectively). From 2024 onwards, a steady growth pattern is anticipated, with the 5-year CAGR projected at 0.94% and an average year-on-year growth rate of 4.78% from 2023 to 2028.
Future trends to monitor include advancements in communication technologies, shifts in consumer demand, and the impact of international trade policies. These factors could substantially affect the trajectory of growth in this sector.
