In 2023, the re-import of powders for skin care and make-up to China stood at an actual value slightly below the projected 2024 value of 66.09 thousand kilograms. The forecasted growth from 2024 to 2028 showcases a steady increase, with the value rising to 78.26 thousand kilograms. From 2024 onwards, we see consistent year-on-year growth, reaching a cumulative annual growth rate (CAGR) for this five-year period.
Future trends to watch for:
- Increased consumer preference for premium and specialized cosmetic products driving imports.
- Emergence of sustainable and eco-friendly beauty trends influencing product demand.
- Potential impacts of global supply chain disruptions and raw material shortages on import volumes.