The import of mechanically made lace of man-made fibres to Japan is forecasted to decline steadily from 66.59 thousand kilograms in 2024 to 57.19 thousand kilograms in 2028. This reflects an overall decrease of approximately 14% over the forecast period. Although the data for 2023 is not provided, the consistent year-on-year decline suggests a decreasing demand or a shift in market dynamics. The compound annual growth rate (CAGR) over these five years highlights an average reduction rate, reinforcing a downtrend in import volumes.
Future trends to watch for include potential changes in global manufacturing landscapes, trade policies impacting imports, and shifts in consumer preferences towards alternative materials. Additionally, technological advancements in textile production could influence the demand for imported lace.
