The forecast for Japan's import of tanned or dressed whole furskins and pieces assembled suggests a slight decline from 48.19 thousand kilograms in 2024 to 47.34 thousand kilograms in 2028. This represents a year-on-year decrease of approximately 0.46% on average over this period. Looking back, the import volume stood higher in 2023, at around 48.41 thousand kilograms, indicating a shrinking trend in subsequent years. Over five years, the compound annual growth rate (CAGR) shows a negative trend, pointing to a progressive decline in imports.
Future trends to watch include potential shifts in consumer preferences towards sustainable and ethical fashion alternatives, changes in regulatory policies regarding furskin use, and the impact of economic fluctuations on luxury goods. These factors could lead to further reductions in demand or alter the market landscape significantly.
