In 2023, the re-import of non-knitted or crocheted women's and girls' ensembles of synthetic fibers to China stood at 14.1 thousand units. The forecast indicates a consistent increase from 2024 through 2028, with values rising from 14.9 to 17.85 thousand units. This represents an annual growth rate of approximately 4-5%. Over the five-year period, the compound annual growth rate (CAGR) is approximately 4.58%, indicating healthy demand growth for these products.
Future trends to watch include:
- The impact of changing consumer preferences towards sustainable fashion, which might affect the demand for synthetic fibers.
- The influence of global trade agreements or tariffs that could affect the cost and volume of re-imports.
- Technological advancements in fabric production that might affect the market dynamics of synthetic fibers.