The import of knitted or crocheted women's and girls' overcoats, capes, or cloaks of man-made fibers to China is forecasted to grow steadily from 2024 to 2028. The annual growth rate is projected to slightly exceed 4% on average, as illustrated by the year-on-year increases: 4.31% from 2024 to 2025, 4.05% from 2025 to 2026, 3.82% from 2026 to 2027, and 3.61% from 2027 to 2028. This represents a consistent upward trend, indicative of a growing demand for these garments in China. The compound annual growth rate (CAGR) over the five-year forecast period is predicted to be stable at about 4%.
Future trends to watch for include:
- Potential changes in consumer preferences towards more sustainable or alternative materials.
- Trade policy shifts that could impact import tariffs and restrictions.
- Economic factors, including disposable income and consumer confidence in China, impacting overall demand.