In 2023, China and Indonesia dominated the global export market for complete wigs of synthetic textile materials, leading with significant shares of approximately 50.73% and 44.55%, respectively. Both countries, however, experienced contrasting trends, with China seeing a slight decrease of 0.1%, while Indonesia grew by 4.07%. Other notable growths were observed in the United Kingdom with 6.88%, and South Africa with 5.16%. Interestingly, countries like Malaysia and Greece reported remarkable increases of 78.66% and 82.48% respectively, albeit from a smaller base.
Future trends to watch for include:
- Strengthened positions by major exporters like China and Indonesia even amidst moderate growth or slight declines.
- Emerging markets such as Greece and Malaysia potentially increasing their presence with significant growth rates.
- The impact of geopolitical and economic shifts on smaller exporting countries, influencing their ability to maintain or grow market shares.
Top countries in Export of Complete Wigs of Synthetic Textile Materials Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 50.73 | 2023 | +0.79% | -0.1% | View data |
| 2 | 2 Indonesia | 44.55 | 2023 | +3.6% | +4.07% | View data |
| 3 | 3 United Kingdom | 3.23 | 2023 | +4.42% | +6.88% | View data |
| 4 | 4 Germany | 1.89 | 2023 | +3.43% | +3.88% | View data |
| 5 | 5 South Africa | 0.48 | 2023 | +2.18% | +5.16% | View data |
| 6 | 6 United Arab Emirates | 0.2 | 2023 | +5.29% | +4.39% | View data |
| 7 | 7 Belgium | 0.2 | 2023 | -0.42% | +1.19% | View data |
| 8 | 8 Philippines | 0.17 | 2023 | -2.98% | -7% | View data |
| 9 | 9 France | 0.11 | 2023 | -8.06% | -0.88% | View data |
| 10 | 10 Czech Republic | 0.093 | 2023 | +4.61% | -19.72% | View data |
