The import of sports footwear with uppers of leather to Japan in 2023 was valued at 11 million USD. From 2024 to 2028, there is a projected decline in import values, from 10.51 million USD to 9.3365 million USD. The year-on-year percentage changes illustrate a decreasing trend: a 2.88% decline from 2024 to 2025, a 2.90% decline from 2025 to 2026, a 2.93% decline from 2026 to 2027, and a 2.96% decline from 2027 to 2028. The average compound annual growth rate (CAGR) over these five years is negative, indicating an overall downturn in this import sector.
Future trends to watch for include:
- Potential shifts in consumer preferences towards alternative materials.
- Trade policy changes impacting leather goods.
- Rising competition from both local and international sports footwear brands offering synthetic or sustainable alternatives.