From 2023 to 2028, the import of footwear with soles of leather and uppers of textile materials to China is forecasted to rise steadily. The value of imports in 2023 was not provided, but the forecast shows a consistent upward trend from 2024 onwards. Year-on-year percentage increases are projected, reflecting a healthy growth trajectory for this sector. The compound annual growth rate (CAGR) over the five-year forecast period indicates a stable upward trend in import value.
Key future trends to watch for include:
- Changes in consumer preferences towards eco-friendly and sustainable materials.
- Potential trade policy adjustments impacting import dynamics.
- Fluctuations in global leather and textile material prices.
- Advancements in footwear design and technology influencing demand.