The forecast for the import volume of hair waving or straightening preparations to China indicates a steady upward trend from 2024 to 2028. In 2023, the actual import volume stood at a certain base level, and from 2024 onward, the forecasted volumes reflect consistent year-on-year growth. Specifically, the import volumes are projected to increment yearly from 574.64 thousand kilograms in 2024 to 602.91 thousand kilograms in 2028. The projected growth rates indicate a modest but steady increase in demand.
Year-on-year variations show consistent growth, with approximately 1.27% increase from 2024 to 2025, 1.23% from 2025 to 2026, 1.19% from 2026 to 2027, and 1.15% from 2027 to 2028. The 5-year compound annual growth rate (CAGR) highlights an averaged annual growth, indicating stable market expansion in this sector.
Future trends to watch for include the increasing demand for diverse hair care products due to rising consumer awareness and spending power. Innovations in formulations and marketing, plus expanding e-commerce channels, are likely to further propel the market for hair waving and straightening preparations in China.