The re-import of handbags with an outer surface of leather into China is forecasted to grow steadily from 2024 to 2028, starting at 873.52 thousand kilograms in 2024 and reaching 1004.8 thousand kilograms by 2028. This reflects an overall upward trend. Given that 2023 data is not included in the dataset, we assume a continuation of this increasing trend from prior years.
The year-on-year growth rates are indicative of a robust market, with consistent annual increases. Each subsequent year sees a growth in the re-import volume, suggesting a strong demand and possibly a growing middle class.
Future trends to watch include:
- Changes in consumer preferences for high-quality, branded leather goods.
- Fluctuations in global leather prices which could impact the cost structure.
- The influence of sustainable fashion trends and how they might affect demand for traditional leather products.
- Trade policies that could alter import dynamics, such as tariffs or trade agreements.
