The Finnish market for clothing accessories of leather or composition leather has shown a downward trend from 2013 to 2023, with the value per capita decreasing from €3.52 to €2.29. This represents a consistent decline with the most significant drop occurring from 2019 to 2021. Year-on-year analysis shows a minor recovery in 2022, with a 10.6% increase from 2021, followed by a decline of 3.4% in 2023. The compound annual growth rate (CAGR) from 2018 to 2023 is negative, indicating an average annual decrease in spending per capita.

Future trends to watch for:

Sustainability and ethical sourcing in leather products, impacting consumer preferences.
Technological advancements in synthetic alternatives may affect demand.
Economic factors such as inflation and disposable income could influence market size.