The forecast for Japan's import of knitted or crocheted men's and boys' underpants or briefs of cotton shows a consistent decline from 2024 to 2028. In 2023, imports stood at a higher level, marking the beginning of a downward trend. The projected year-on-year decreases are approximately 3.17% in 2025, 3.22% in 2026, 3.25% in 2027, and 3.29% in 2028. The compound annual growth rate (CAGR) over the five-year forecast period is negative, reflecting a reduction in imports.
Future trends to watch for include:
- Shifts in consumer preferences towards sustainable or locally produced goods, possibly contributing to declining imports.
- Potential trade agreements or tariff changes impacting import levels.
- Innovations in local garment manufacturing that might replace imports.