The re-import of powders for skin care and make-up to China is forecasted to experience steady growth from 2024 through 2028, with the values in million US dollars projected to rise from $2.9265 million in 2024 to $3.5156 million in 2028. This marks a compound annual growth rate (CAGR) over the five-year period. Notably, in 2023, the value stood below these forecasted figures, reflecting growth expectations.
Key future trends to watch for:
- Rising consumer demand for premium beauty products, influencing increased re-import activity.
- Potential impact of regulatory changes in the beauty and cosmetics sector.
- Shifts in global supply chain dynamics that may affect pricing and availability.