The market size value per capita for articles for pocket or handbag with an outer surface of leather in New Zealand has shown fluctuating trends from 2013 to 2023, increasing from $5.48 in 2013 to a peak of $7.02 in 2023. 2020 saw a dip to $5.68, likely due to the pandemic, but the market rebounded by 2021 to $6.91 and continued to grow, reaching $7.02 in 2023. The year-on-year variation from 2022 to 2023 was a modest increase of 0.72%. Over the last five years, a Compound Annual Growth Rate (CAGR) of approximately 1.28% was observed.
Future trends to watch include the possible shifts toward sustainable and eco-friendly leather products, which may drive an increase in market value. Additionally, as global travel and consumer spending recover, there may be rising demand for high-quality leather accessories.
| # | 19 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 18.09 | 2023 | View data | ||
| 2 | 2 Australia | 17.69 | 2023 | View data | ||
| 3 | 3 Austria | 12.57 | 2023 | View data | ||
| 4 | 4 Germany | 8.92 | 2023 | View data | ||
| 5 | 5 Netherlands | 8.75 | 2023 | View data | ||
| 6 | 6 New Zealand | 7.02 | 2023 | |||
| 7 | 7 Spain | 5.73 | 2023 | View data | ||
| 8 | 8 Ireland | 4.56 | 2023 | View data | ||
