In 2023, the import value of worked human hair, wool, or animal hair for wig making in Japan stood significantly higher than the forecasted figures beginning in 2024. The forecast for 2024 shows a marked decrease, indicating a downward trajectory, with imports dropping sharply each subsequent year. By 2028, the import value is projected to plummet to a fraction of its initial 2024 value.
Trends to watch for include:
- Shifts in consumer preferences towards synthetic alternatives.
- Potential domestic production increases impacting imports.
- Economic or policy changes within exporting countries affecting supply chains.