The import of sports footwear with uppers of leather to China is forecasted to decline steadily from 2024 to 2028. Starting at 276.35 thousand kilograms in 2024, it is projected to decrease to 243.34 thousand kilograms by 2028. Compared to the confirmed figure in 2023, the consistent year-on-year decrease highlights a shrinking market in this segment. Over the last two years and the projected period, the compound annual growth rate (CAGR) indicates a consistent negative trend in imports, reflecting declining consumer demand or shifts to local production and alternative materials.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable or synthetic materials.
- Regulatory changes impacting import tariffs and local industry dynamics.
- Economic factors affecting discretionary spending on luxury or high-quality sports footwear.
- Technological advancements influencing production and distribution efficiencies in local markets.
