The forecast for the import of trunks and suitcases with outer surfaces of leather to the US shows a declining trend from 2024 to 2028. The values decrease consistently year-on-year from $95.035 million in 2024 to $92.025 million by 2028. This points to a gradual reduction in demand or a shift in consumer preferences and market dynamics over time.

Year-on-Year Variation:

2024-2025: -0.82%
2025-2026: -0.81%
2026-2027: -0.80%
2027-2028: -0.78%

The CAGR from 2024 to 2028 is approximately -0.79%, reflecting an average annual decline over these five years.

Future Trends to Watch For:

Potential diminishment in traditional leather goods marketshare in favor of innovative materials and sustainable alternatives.
Shifts in travel and lifestyle patterns affecting luggage demand, influenced by economic conditions and consumer preferences.
Impact of trade policies and tariff adjustments on import volumes and costs in the leather goods sector.