The Austrian market for articles with outer surfaces of leather, such as pocket or handbag, has shown a fluctuating growth pattern from 2013 to 2023. The market reached a value of 112.75 million US dollars in 2023. Over the last two years, 2022 and 2023 marked stable growth rates of 1.78% and 1.71% year-on-year, respectively, demonstrating recovery post-pandemic-related challenges in 2020. A closer look at the market from 2018 to 2023 reveals a Compound Annual Growth Rate (CAGR) of 0.73%, indicating steady albeit modest growth.
Future trends to watch for include:
- The impact of sustainable and eco-friendly practices in leather production.
- Technological advancements in material treatments enhancing durability and aesthetics.
- Changes in consumer preferences due to social and economic influences.
- The influence of international trade policies on leather goods import and export dynamics.
| # | 19 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 937,780,000 | 2023 | +4.12% | +3.7% | View data |
| 2 | 2 Germany | 747,610,000 | 2023 | +0.18% | +0.31% | View data |
| 3 | 3 Australia | 455,910,000 | 2023 | +2.5% | +1.51% | View data |
| 4 | 4 Spain | 270,460,000 | 2023 | -0.84% | -1.32% | View data |
| 5 | 5 Netherlands | 152,920,000 | 2023 | +0.58% | +0.49% | View data |
| 6 | 6 Austria | 112,750,000 | 2023 | +1.71% | +0.73% | |
| 7 | 7 Poland | 103,780,000 | 2023 | +4.84% | +1.97% | View data |
| 8 | 8 Mexico | 57,911,000 | 2023 | -1.95% | -2.84% | View data |
