The import value of articles of apparel made from leather or composition leather to India is forecasted to gradually increase from $3.0557 million in 2024 to $3.2443 million by 2028. This indicates a steady year-on-year growth rate. With the market size being slightly below the five-year average Compound Annual Growth Rate (CAGR), the apparel segment is expected to continue on this upward trajectory, pointing to an expansion in demand for leather goods in India.

Future trends to watch for:

Emerging consumer preferences for sustainable leather alternatives could influence import patterns.
Trade policies and tariffs impacting global leather trade may alter forecasts.
Technological advancements in leather processing and manufacturing could redefine supply chain efficiencies.