Market movement
In 2024, textile products and articles for technical uses: straining cloth of a kind used in oil presses and the like, including that of human hair trade exhibited modest growth, with global flows reaching $431,495,889 and a three-year compound annual growth rate of -0.6% (five-year: +1.9%). The all-time peak of $448,313,520 was recorded in 2022; the current level is 4% below that high-water mark.
Over the 30-year observation window (1995–2024), 69% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-4.1% acceleration).
The World Trade Flows Characterization classifies textile products and articles for technical uses: straining cloth of a kind used in oil presses and the like, including that of human hair as "Two-way vertical trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.
