In 2023, the re-import of manicure or pedicure preparations to the UK stood at an actual value of 15.00 thousand kilograms. The forecast for 2024 shows a value of 15.75 thousand kilograms, marking a 5% increase from the previous year. Subsequent years also show consistent growth, with year-on-year percentages as follows: 3.94% in 2025, 3.67% in 2026, 3.47% in 2027, and 3.30% in 2028. The compound annual growth rate (CAGR) over this period is approximately 3.68%, highlighting steady growth in the re-import market.
Future trends to watch for:
- Increasing consumer interest in sustainable and eco-friendly beauty products.
- Potential regulatory changes impacting import and re-import practices in the cosmetics sector.
- Innovations in manicure and pedicure products driving demand and market dynamics.