The import of non-refillable pocket lighters and gas-fuelled products to China is forecasted to grow steadily from 18.043 million in 2024 to 20.882 million in 2028. As of 2023, the actual imports were lower, signaling a positive growth trajectory. The year-on-year growth is indicative of a CAGR which demonstrates a robust increase over this five-year period. This uptick could be reflective of heightened demand and possibly increasing consumer usage or market expansion in this product segment.
Future trends to watch for include:
- Shifts in consumer preferences towards refillable or alternative energy sources.
- Challenges from regulatory changes related to environmental sustainability.
- Evolution of competitive landscape with domestic production capabilities potentially impacting import volumes.