In 2023, Indonesia led the global export market for complete wigs of synthetic textile materials, capturing the largest share, closely followed by China. Significant growth was experienced by the UK and South Africa. In contrast, countries like Norway, Malaysia, and Latvia saw declines. While Tanzania and Greece recorded strong year-on-year export growth, others such as Finland and Brazil witnessed substantial contractions.
Looking ahead to 2024, key trends include:
- Continued dominance of Southeast Asian countries, notably Indonesia and China.
- Potential growth opportunities in emerging markets showing recent positive growth trends, such as Poland and Nigeria.
- Watch for recovery efforts in markets experiencing recent declines, like Canada and Norway.
Top countries in Export of Complete Wigs of Synthetic Textile Materials Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 37.15 | 2023 | +3.64% | +4.51% | View data |
| 2 | 2 China | 34.72 | 2023 | +2% | +1.78% | View data |
| 3 | 3 Philippines | 10.36 | 2023 | +2.52% | +0.12% | View data |
| 4 | 4 Germany | 7.69 | 2023 | +3.32% | +3.41% | View data |
| 5 | 5 United States | 3.49 | 2023 | +3.11% | +3.65% | View data |
| 6 | 6 Myanmar | 2.21 | 2023 | +5.42% | +1.1% | View data |
| 7 | 7 United Kingdom | 1.59 | 2023 | +3.36% | +5.28% | View data |
| 8 | 8 France | 0.64 | 2023 | +1.47% | -0.13% | View data |
| 9 | 9 Nigeria | 0.27 | 2023 | +6.55% | +3.73% | View data |
| 10 | 10 Italy | 0.17 | 2023 | -0.74% | -4.96% | View data |
