The market size value per capita for trunks and cases of leather in Jamaica showed fluctuations from 2013 to 2023, peaking at $7.01 twice in 2014 and 2018, with a notable decline to $5.54 in 2020. By 2023, the value slightly decreased to $6.54. Year-on-year percentage changes indicate recovery post-2020, with a modest contraction in the last two years. The compound annual growth rate (CAGR) over the previous five years is slightly negative, highlighting a declining trend.
Future trends to watch for:
- Potential recovery driven by economic stabilization post-pandemic.
- Opportunities in luxury and niche markets for leather goods.
- Impact of rising material costs and supply chain disruptions.
| # | 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 | ||
| 32 | 32 Botswana | 8.55 | 2023 | View data | ||
| 33 | 33 Morocco | 7.53 | 2023 | View data | ||
| 34 | 34 Jamaica | 6.54 | 2023 | |||
| 35 | 35 Honduras | 6.46 | 2023 | View data | ||
| 36 | 36 India | 4.09 | 2023 | View data | ||
