The re-import of lip make-up preparations to China is projected to rise steadily from $6.657 million in 2024 to $7.9618 million in 2028. Based on these forecasts, we see an annual increase in re-import value of around 5% CAGR over the five years. In 2023, the re-import stood at $6.34 million, indicating a positive year-on-year growth trend which highlights increasing demand for these products within China.

Future trends to watch include:

Changes in consumer preferences driven by global beauty trends could impact import demand.
Potential tariffs or trade policies affecting cosmetic imports.
Growth in domestic production capacity which may influence re-import volumes.