In 2023, the US imported 5.45 million kilograms of rivets for clothing, footwear, and bags made of base metal. Forecasted data from 2024 onwards shows a progressive increase: 5.61 million kilograms in 2024, reaching 6.27 million kilograms by 2028. This denotes a steady year-on-year growth averaging around 2.5% annually over the period. The compound annual growth rate (CAGR) projected over the five-year span is 2.75%.
Future trends to watch for include technological advancements in manufacturing processes that may impact demand, potential shifts in the sourcing country landscape, and the influence of sustainability trends on base metal usage in the fashion industry.
