Forecast: Import of Handbags of Vulcanised Fibre or Paperboard to China

The forecast for the import of handbags made from vulcanised fibre or paperboard to China shows a steady increase from 2024 through 2028. In 2023, the import volume stood at 29.64 thousand kilograms, matching the forecasted value for 2024. The year-on-year increase averages at approximately 4-5%, with a compound annual growth rate (CAGR) over the next five years at approximately 3.8%.

For future trends, it is essential to watch the following factors:

  • Emerging disposable income among Chinese consumers driving demand for diverse handbag materials.
  • Potential trade agreements or restrictions impacting raw materials and finished product import levels.
  • Shifts in sustainability preferences influencing material choices.
  • Technological advancements in eco-friendly materials that might substitute traditional options.

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