The forecasted data for China's leather shoes exports indicates a consistent decline from 2024 to 2028, with values decreasing from 55.13 million to 46.93 million units. Compared to 2023's export data, this marks a contraction in the industry. Year-on-year percentage variations reflect this decreasing trend, with a descending scale observed each year. Over the five-year period, the compound annual growth rate (CAGR) suggests an average annual decline, underlining the persistent downward trend in exports.
Future trends to monitor include:
- Shifts in global trade policies and their impact on China's manufacturing competitiveness.
- The influence of sustainable and ethical fashion trends on consumer preferences.
- Technological advancements in leather production and their adoption rates in China.