The forecast for the import of dentifrices to Malaysia indicates a consistent decline in volume from 2024 to 2028. In 2023, the import volume stood at 10.073 million kilograms. By 2024, it is projected to drop to 9.6691 million kilograms, reflecting a year-on-year decrease of 4.01%. This downward trend continues with year-on-year decreases of 3.99% in 2025, 4.08% in 2026, 4.18% in 2027, and 4.27% in 2028. Over the period from 2024 to 2028, the compound annual growth rate (CAGR) is negative, emphasizing an average annual decrease of 4.11%.
Future trends to watch for:
- Potential shifts in consumer behavior towards natural and herbal dentifrices that could impact import volumes.
- Regulatory changes impacting the import and sale of dental hygiene products.
- Market competition from local manufacturers aiming to reduce dependence on imports.
- Technological advancements in dental care that may alter demand patterns.