The import of powder-puffs and pads for cosmetic application to India is predicted to decline steadily from 2024 to 2028. The forecast data indicates a slight decrease each year, moving from 206.73 thousand kilograms in 2024 to 193.67 thousand kilograms by 2028. Compared to the estimated volume in 2023, which set the stage for forecasts, this trend marks a gradual decline in volume.
- Year-on-year variation shows a consistent decrease, approximately -1.63% from 2024 to 2025, -1.62% from 2025 to 2026, -1.61% from 2026 to 2027, and -1.61% from 2027 to 2028.
- The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is estimated at approximately -1.62%, reflecting an average yearly decline.
Future trends to watch include potential market shifts due to changing cosmetic industry preferences, advancements in product materials, and increased domestic production capabilities, which may further affect import volumes. Additionally, shifts in consumer behavior and sustainability trends are crucial factors to consider in future analyses.
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