The forecasted imports of leather articles for pocket or handbag to the US demonstrate a consistent decline from 2024 to 2028. Starting at 4.3093 million kilograms in 2024, the volume gradually decreases to 4.0534 million kilograms by 2028. In 2023, the import volume stood at 4.3752 million kilograms. The year-on-year percentage change from 2023 to 2024 is a decrease of about 1.5%. Between the years 2024 and 2028, the compound annual growth rate (CAGR) reflects a steady annual decline, marking an average negative growth rate across the period.

Future Trends to Watch:

Shifts towards sustainable and eco-friendly materials could influence demand in the leather goods sector.
Trade policies and tariffs affecting leather imports may alter the competitive landscape in the coming years.
Consumer preferences for ethical fashion could drive changes in sourcing and import patterns.