The market for articles of apparel made of leather or composition leather in Greece reached a size of 53.502 million USD in 2023. The market has been on a declining trend since 2014, despite slight year-on-year fluctuations, reflecting an overall negative compound annual growth rate (CAGR) over the last five years of -1.1%. The market experienced a significant drop in 2020, followed by a short-term recovery in 2021, but returned to a declining path thereafter.
Looking ahead, the following trends could influence the market:
- Potential recovery in luxury spending as Greece’s economy stabilizes.
- Evolving consumer preferences towards sustainable and ethically made leather products.
- Impact of digital transformations and e-commerce on local and global market accessibility.
How does Greece rank in Articles of Apparel of Leather or Composition Leather Market Size Value?
| # | 17 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 946,170,000 | 2023 | -3.39% | -4.04% | View data |
| 2 | 2 Germany | 840,990,000 | 2023 | -6.44% | -5.46% | View data |
| 3 | 3 United Kingdom | 688,920,000 | 2023 | -1.29% | -2.36% | View data |
| 4 | 4 Spain | 528,890,000 | 2023 | -3.34% | -2.98% | View data |
| 5 | 5 Japan | 439,210,000 | 2023 | -4.2% | -4.39% | View data |
| 9 | 9 Australia | 174,090,000 | 2023 | +0.087% | +0.33% | View data |
| 10 | 10 Canada | 117,740,000 | 2023 | -8.16% | -7.11% | View data |
| 11 | 11 Greece | 53,502,000 | 2023 | -0.77% | -1.1% | |
| 12 | 12 Chile | 39,779,000 | 2023 | +0.23% | +1.45% | View data |
| 13 | 13 Norway | 38,306,000 | 2023 | -5.27% | -7.62% | View data |
