The import of pre-shave, shaving, and after shaving preparations to Malaysia is forecasted to experience steady growth from 2024 to 2028. In 2024, the value is expected to be 514.29 thousand kilograms, gradually increasing annually to 556.99 thousand kilograms by 2028. When evaluating the data, the year-on-year variation from 2024 to 2025 is approximately 2.06%, from 2025 to 2026 is about 2.05%, from 2026 to 2027 is around 1.97%, and from 2027 to 2028 is roughly 1.89%. The average compound annual growth rate (CAGR) over these five forecasted years is an estimated 2.04%.
Future trends to watch for include potential changes in consumer preferences towards grooming products, the impact of global supply chain dynamics on import levels, and any governmental regulations affecting the personal care industry. Monitoring these factors will be crucial to understanding the sustained growth and any possible fluctuations in the import volumes of these products.
