The forecast for the re-import of articles for pocket or handbag with an outer surface of leather to China shows a consistent upward trajectory from 2024 to 2028. Beginning at USD 24.891 million in 2024, it is expected to grow annually, reaching USD 27.826 million by 2028.
Year-on-year variation from 2025 to 2026 is approximately 2.89%, and from 2026 to 2027 is around 2.75%. The average compound annual growth rate (CAGR) over the five-year forecast period is predicted to be about 2.76%. The sector saw substantial gains, particularly noteworthy considering the global economic rebound post-2023.
Future trends to watch for include changes in consumer preferences towards sustainable and ethical fashion, which may impact demand for leather goods. Additionally, geopolitical dynamics and trade policies could influence import activities. Close monitoring of these factors is crucial for strategic market positioning.
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