Analysis of Forecast: Import of Artists, Writing, and Cosmetics Brushes to Saudi Arabia
From 2024 to 2028, the import value of artists, writing, and cosmetics brushes to Saudi Arabia is projected to grow as follows (in Million US Dollars):
- 2024: 15.74
- 2025: 16.403
- 2026: 17.053
- 2027: 17.69
- 2028: 18.314
Year-on-year variations in percentage:
- 2025: 4.22%
- 2026: 3.96%
- 2027: 3.73%
- 2028: 3.53%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 3.67%, highlighting a consistent upward trend in imports.
Future trends to watch for include increasing consumer demand for high-quality beauty and art supplies, as well as potential impacts of economic policies and trade agreements on import dynamics. Additionally, technological advancements in brush manufacturing and shifting consumer preferences towards sustainable and eco-friendly products could influence market growth.