The Leather Sports Gloves and Mittens Market Size in Belgium has exhibited varied trends from 2012 to 2022. The market value peaked in 2012 at 5.3056 million USD and saw a significant decline over the next few years, reaching its lowest point in 2015 at 4.1835 million USD. Following 2016, the market showed gradual recovery with occasional dips, such as in 2020. The last two years presented mixed trends with a 4.42% increase in 2021 and a slight decrease of 0.79% in 2022. The five-year Compound Annual Growth Rate (CAGR) from 2017 to 2022 shows an average annual increase of 0.83%, reflecting moderate growth.
Future trends to watch for:
- Innovations in glove materials and design, enhancing performance and durability.
- Shifts in consumer preferences driven by sustainability and eco-friendly products.
- Potential impact of economic fluctuations on consumer spending within the sports industry.
- Growth in e-commerce, influencing market accessibility and expanding consumer reach.
How does Belgium rank in Leather Sports Gloves and Mittens Market Size Value?
| # | 19 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 180,570,000 | 2023 | -2.9% | -3.13% | View data |
| 2 | 2 China | 177,460,000 | 2023 | +0.3% | +0.026% | View data |
| 3 | 3 South Korea | 100,430,000 | 2023 | +1.73% | +0.87% | View data |
| 4 | 4 Italy | 88,475,000 | 2023 | +2.11% | -0.075% | View data |
| 5 | 5 Canada | 74,889,000 | 2023 | +0.047% | -0.74% | View data |
| 13 | 13 Switzerland | 8,421,600 | 2023 | +0.85% | +0.79% | View data |
| 14 | 14 Sweden | 7,558,100 | 2023 | -3.57% | -3.44% | View data |
| 15 | 15 Belgium | 4,356,700 | 2023 | -0.78% | -0.22% | |
| 16 | 16 Finland | 4,083,600 | 2023 | -1.26% | -2.63% | View data |
| 17 | 17 Peru | 2,825,600 | 2023 | +1.78% | +0.014% | View data |
