The import of parts for shavers or hair clippers with self-contained electric motors to China is projected to decline steadily from 524.2 thousand kilograms in 2024 to 457.43 thousand kilograms by 2028. Comparing the forecasted figures with likely values from 2023 will reveal the actual year-on-year percentage variation to analyze recent trends. The compound annual growth rate (CAGR) over the five-year forecast period indicates a systematic decrease, reflecting the sector's possible saturation, intensified domestic competition, or technological advancements reducing reliance on imports.
Looking to the future, key trends to monitor include technological advancements in grooming products, shifts in consumer preferences, and changes in local manufacturing capabilities. Additionally, any trade policies influencing imports could significantly impact this declining trend.
