The forecast for the import of wigs and related products made of human hair to China shows a slight, consistent decrease from 2024 to 2028, with an overall reduction from approximately 144.7 to 144.12 thousand kilograms. This indicates a gradual decline in demand or expansion of local production capacity. In contrast, the previous years up to 2023 indicated a stable market.
- Year-on-year decreases remain minimal, suggesting market saturation or gradual shifts in consumer preferences.
- The compound annual growth rate (CAGR) over the five-year forecast period is negative, highlighting a persistent, albeit minor, decline.
Future trends to watch include potential shifts in fashion preferences, technological advancements in synthetic alternatives, and any changes in trade policies that may impact import volumes. Monitoring these factors could provide insights into market dynamics that influence future imports.