From 2013 to 2023, the trunks and cases of the leather market in Belgium showed fluctuations in per capita values. In 2023, the value stood at 99.95 USD per capita. A slight increase from 2022's value of 99.32 USD represents a 0.63% year-on-year growth. Over the last five years, the market experienced a compound annual growth rate (CAGR) of 2.34%, indicating a generally stable trend with slight upward momentum. Notably, there was a dip in 2020 followed by a recovery in the subsequent years.
Future trends to watch include the effects of digitalization on retail strategies, the potential economic impacts from geopolitical tensions in Europe, and sustainable practices changing consumer preferences, which may influence demand for leather goods.
| # | 38 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 377.73 | 2023 | View data | ||
| 2 | 2 France | 300.25 | 2023 | View data | ||
| 3 | 3 Singapore | 288.07 | 2023 | View data | ||
| 4 | 4 Australia | 276.86 | 2023 | View data | ||
| 5 | 5 Japan | 244.76 | 2023 | View data | ||
| 14 | 14 Sweden | 127.85 | 2023 | View data | ||
| 15 | 15 Iceland | 118.16 | 2023 | View data | ||
| 16 | 16 Belgium | 99.95 | 2023 | |||
| 17 | 17 Israel | 82.97 | 2023 | View data | ||
| 18 | 18 Finland | 79.67 | 2023 | View data | ||
