The import of maps and charts printed in forms other than books to China is projected to decline steadily from 2024 to 2028. Starting with a value of $1.2143 million in 2024, imports are expected to decrease to $0.81755 million by 2028. This represents a consistent downward trend over five years, marked by an annual Compound Annual Growth Rate (CAGR) indicating average declines each year. Comparatively, the imports in 2023 stood at approximately $1.312 million.
The significant year-on-year forecasted variations show: a decrease of around 8.4% between 2024 and 2025, 9% from 2025 to 2026, 9.68% from 2026 to 2027, and 10.53% from 2027 to 2028. These projections suggest an accelerating pace of decline.
Future trends to monitor include technological advancements such as digital mapping, which might further impact the physical map import market. Additionally, evolving tourism patterns and logistics management in China could influence demand shifts and adaptations necessary for import strategies. Watch for innovations in navigation and cartography that could either revive or further suppress demand for printed maps and charts.
