In 2023, the import volume of articles and accessories for billiards to China stood at an estimated 1.73 million kilograms. Forecasts for 2024-2028 show a steady increase in import volume, with predicted figures rising from 1.8122 to 2.1311 million kilograms, respectively. This represents a year-on-year growth rate of approximately 4.5% to 3.8% over the five-year forecast. The compound annual growth rate (CAGR) over the period is projected at 3.92%, indicating stable demand growth in the Chinese market for these products.
Future trends to watch for include:
- Potential changes in consumer preferences and leisure activities.
- The impact of economic factors on disposable income and luxury goods spending.
- Emerging competitive dynamics within the sports accessories market.
- Environmental regulations influencing materials and production methods.
- Trade policy developments impacting import dynamics.
