The import of paper handkerchiefs, cleansing, facial tissues, and towels to Singapore has seen a steady increase over the forecast period from 2024 to 2028. The values are forecasted to rise from $94.317 million in 2024 to $101.97 million in 2028. This indicates a gradual growth trend in the import value of these products.
In 2023, the value stood at $92.5 million, showing a base for comparison. Year-on-year, imports are expected to increase by approximately 2-3% annually. The compound annual growth rate (CAGR) over the five-year forecast period is around 1.9%, reflecting a stable upward trend in the demand for these products.
Future trends to watch for include potential fluctuations in global supply chains, changes in consumer preferences towards sustainable and reusable products, and economic factors influencing import volumes and values. Monitoring these elements will be crucial for anticipating market adjustments and making informed strategic decisions.