In 2023, imports of watch straps and parts of leather or plastic to the US were recorded at a lower value than the 2024 forecast of $139.75 million. From 2024 to 2028, projections indicate a steady upward trend with values increasing from $139.75 million to $162.0 million. This represents an annual growth in imports, with year-on-year percentage increases as follows: 4.1% from 2024 to 2025, 3.9% from 2025 to 2026, 3.6% from 2026 to 2027, and 3.4% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is thus expected to show moderate expansion.

Future trends to watch for include:

Shifts in consumer preferences towards eco-friendly and innovative materials.
Potential disruptions in supply chains due to geopolitical events or trade policies.
Advancements in wearable technology potentially influencing demand.
The impact of global economic conditions on discretionary spending.