Mannequin Market Overview in China
In value terms, mannequin production rose to $ in 2019 estimated in export prices. Overall, the total production indicated moderate growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of % year-to-year. As a result, production reached the peak level of $. From 2018 to 2019, production growth remained at a somewhat lower figure.
The value of the mannequin market in China expanded to $ in 2019, rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 with an increase of % y-o-y. Over the period under review, the market reached the peak level in 2019 and is likely to continue growth in the near future.