In 2023, the import of mechanically made lace of man-made fibres to Japan was valued at approximately $4.75 million USD. From 2024 onwards, the forecasts indicate a declining trend. The value is projected to decrease progressively over the next five years, falling from $4.4912 million in 2024 to $3.5713 million by 2028. This represents a consistent annual decrease, with the compound annual growth rate (CAGR) indicating a negative trend. The year-on-year decline starts at approximately 5.27% from 2024 to 2025, and trends similarly downward in subsequent years.

Future trends to watch for include:

Potential shifts in consumer preference towards more sustainable materials.
Trade agreements or tariffs that could impact import costs.
Technological advancements that may offer cost-reduction opportunities in domestic lace production, possibly reducing import dependence.