The import value of knitted or crocheted men's and boys' underpants or briefs of man-made fiber to China is projected to rise from $40.217 million in 2024 to $47.776 million in 2028. Compared to 2023, where China imported approximately $38 million, the forecast suggests steady growth with a compound annual growth rate of approximately 4.4% over these five years. Year-on-year growth is anticipated to be around 4.8% in 2024, with a slight tapering but consistent rise over the subsequent years.
Future trends to watch:
- Shift in consumer preference towards sustainable materials.
- Potential tariff changes impacting import costs.
- Innovations in textile technology and manufacturing processes.
- Influence of domestic Chinese brands expanding their market share.
