In 2023, the value of re-imports of electric shavers and hair clippers to China stood at a discernible level preceding growth forecasts in the following years. By 2024, these re-imports are projected to reach $31.244 million, continuing to rise annually. The year-on-year growth rate from 2024 to 2028 averages around 2.7% with a CAGR reflecting steady demand. This sustaining growth indicates potential market expansion and increased consumer preference for foreign electric grooming products.
Future trends to watch include:
- Technological advancements in grooming products, enhancing appeal.
- Increased focus on sustainable and eco-friendly grooming solutions.
- Potential shifts in consumer spending behavior influenced by economic conditions.
- Competitive dynamics among domestic versus international brands in China.