The Leather Sports Gloves and Mittens Market in Luxembourg has shown fluctuating growth from 2013 to 2023, with notable increases in 2015 and 2016 but faced some declines in 2017 and 2018. Despite recent slow growth, the market value reached 322.37 thousand US dollars in 2023, with a minor year-on-year increase. The compound annual growth rate over the last five years is calculated at 1.18%, reflecting a stabilizing yet modestly growing market over the term.
Future trends to watch for may include innovations in material technology, increasing demand from outdoor sports enthusiasts, and potential impacts of economic factors on consumer spending in the luxury sportswear segment in Luxembourg.
| # | 19 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 180,570,000 | 2023 | -2.9% | -3.13% | View data |
| 2 | 2 China | 177,460,000 | 2023 | +0.3% | +0.026% | View data |
| 3 | 3 South Korea | 100,430,000 | 2023 | +1.73% | +0.87% | View data |
| 4 | 4 Italy | 88,475,000 | 2023 | +2.11% | -0.075% | View data |
| 5 | 5 Canada | 74,889,000 | 2023 | +0.047% | -0.74% | View data |
| 17 | 17 Peru | 2,825,600 | 2023 | +1.78% | +0.014% | View data |
| 18 | 18 El Salvador | 348,850 | 2023 | +0.91% | +0.36% | View data |
| 19 | 19 Luxembourg | 322,370 | 2023 | +0.79% | +1.18% | |
