The import of hair lacquers to Brazil is forecasted to decline steadily from 2024 to 2028. In 2023, the actual value was higher than the forecasted value for 2024. The year-on-year variations show a decreasing trend: a -4.54% decrease from 2024 to 2025, a -4.68% decline from 2025 to 2026, a -4.78% reduction from 2026 to 2027, and a -4.94% dip from 2027 to 2028. The compound annual growth rate (CAGR) over the forecasted five-year period from 2024 to 2028 indicates a consistent average annual decrease of approximately -4.74% in the value of imports.
Future trends to watch for include changes in consumer preferences and purchasing power, competitive local manufacturing which may reduce reliance on imports, and potential shifts in economic policies that could impact import tariffs and trade agreements. Additionally, innovations in hair care products and market dynamics in Latin America could also influence this declining trend.
