In 2023, China imported approximately 8.6 million kilograms of room perfuming or deodorizing preparations. The forecast shows a consistent increase over the next five years, with imports expected to reach 10.389 million kilograms by 2028. Year-on-year, this reflects an approximate growth of 4-5% annually, and a Compound Annual Growth Rate (CAGR) of about 3.5% over the forecasted period.
Future trends to watch for:
- Increasing consumer demand for international brands in home care and fragrances.
- Potential impact of environmental regulations on import composition and sourcing.
- Economic factors such as trade policies, tariffs, and currency fluctuations.
- Technological advancements in product formulation and packaging.