The import of polishes and creams for footwear or leather to China shows a projected decreasing trend from 2024 to 2028. Starting from a volume of 835.26 thousand kilograms in 2024, the imports are anticipated to decline to 394.51 thousand kilograms by 2028. This marks a year-on-year reduction each year, with a significant compound annual growth rate (CAGR) depicting an average reduction across the five-year forecast period.

In 2023, the import stood higher than the projected 2024 numbers, indicating a substantial downturn. The noticeable decline suggests a potential shift in market demand, production efficiency, or substitutive products gaining market share.

Future trends to keep an eye on include:

Emergence of eco-friendly or locally sourced alternatives that could affect imports.
Changes in consumer preferences impacting the need for imported polishes and creams.
Economic factors, such as tariffs or trade relationships, altering import dynamics.