In 2023, the import value of knitted or crocheted women's and girls' briefs or panties of cotton to Japan was approximately 172.75 million USD, marking the baseline for analyzing future forecasts. From 2024 onward, a gradual decline is projected with a year-on-year decrease of about 1% to 1.2% annually, culminating in a value of 164.73 million USD by 2028. This corresponds to a compound annual growth rate (CAGR) of approximately -1.2% over the forecasted period from 2024 to 2028.
Future trends to watch for include possible changes in consumer preferences towards eco-friendly materials, advancements in textile technology, and potential impacts from trade policies that could affect import dynamics. Moreover, economic factors like currency fluctuations and shifts in the global cotton market could further influence these forecasts.
