In 2023, imports of wigs, false beards, and eyebrows of human hair to India stood at 21.5 thousand kilograms. From 2024 to 2028, the forecasted trend shows a steady decline, with a Compound Annual Growth Rate (CAGR) of approximately -1.38%. The imports are projected to decrease from 21.1 thousand kilograms in 2024 to 19.69 thousand kilograms in 2028. Year-on-year analysis reveals a consistent reduction in import volumes, indicating a gradual but persistent decline.
Future trends to watch for include:
- Potential shifts in consumer preferences towards synthetic alternatives.
- Changes in fashion trends influencing demand.
- Impact of domestic production capabilities on import levels.
