The import of electric hair dryers to Saudi Arabia is forecasted to decline substantially over the next five years. In 2023, the import value stood at 305.68 thousand. The forecasted figures show a consistent year-on-year decrease: 2024 (260.35 thousand), 2025 (213.06 thousand), 2026 (166.72 thousand), 2027 (121.3 thousand), and 2028 (76.79 thousand).

The variations year-on-year are as follows:

2024: -14.84%
2025: -18.13%
2026: -21.75%
2027: -27.23%
2028: -36.68%

The 5-year compound annual growth rate (CAGR) stands at -22.83%, indicating a significant downward trend in imports.

Future Trends to Watch:

Technological advancements in hair drying equipment and potential local manufacturing.
Changing consumer preferences and increased environmental concerns potentially affecting imports.
Government policies focusing on boosting local production and reducing import dependency.