The market for trunks and cases of leather in the Netherlands showed a steady increase from 2013 until 2019, with the value per capita peaking in 2019 at $187.75. It saw a notable dip in 2020, falling to $158.88, likely due to disruptions from the COVID-19 pandemic. However, the market rebounded in 2021 and reached $210.89 per capita in 2023. The year-on-year growth rate over the last two years was 3.18% in 2023, following a 3.28% increase in 2022. The compound annual growth rate (CAGR) from 2018 to 2023 is approximately 3.57%.
Looking ahead, key trends to monitor include increasing consumer interest in sustainable and eco-friendly leather products, digitalization in e-commerce affecting sales channels, and potential economic fluctuations impacting consumer spending in the luxury goods sector.
| # | 38 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 377.73 | 2023 | View data | ||
| 2 | 2 France | 300.25 | 2023 | View data | ||
| 3 | 3 Singapore | 288.07 | 2023 | View data | ||
| 4 | 4 Australia | 276.86 | 2023 | View data | ||
| 5 | 5 Japan | 244.76 | 2023 | View data | ||
| 6 | 6 Austria | 213.13 | 2023 | View data | ||
| 7 | 7 Netherlands | 210.89 | 2023 | |||
| 8 | 8 South Korea | 207.21 | 2023 | View data | ||
| 9 | 9 United Kingdom | 197.71 | 2023 | View data | ||
