The import of hair lacquers to China has been forecasted to rise steadily from 876.33 thousand kilograms in 2024 to 981.32 thousand kilograms in 2028. This consistent growth indicates a positive trend, driven by a compound annual growth rate (CAGR) of approximately 2.85% over the five-year period. To understand the year-on-year variations, we see the following:
- 2025: 3.09% increase from 2024
- 2026: 2.93% increase from 2025
- 2027: 2.79% increase from 2026
- 2028: 2.66% increase from 2027
In 2023, imports stood at 850.5 thousand kilograms, marking a significant upward trajectory entering 2024 with a 3.04% year-on-year increase, reflecting a solid demand and market expansion.
Future trends to watch for include potential shifts in consumer preferences towards eco-friendly and sustainable products, regulatory changes affecting import tariffs, and the impacts of global supply chain disruptions on import volumes.