The import of leather clothing accessories to Indonesia has shown a steady growth trend from 2024 to 2028. Starting at 25.093 million USD in 2024, the value is forecasted to reach 28.967 million USD by 2028. The year-on-year variations are approximately 4% to 3.5%, reflecting a consistent and moderate increase in import value.
The compound annual growth rate (CAGR) over these five years stands at about 3.6%, suggesting a sustainably growing market for leather clothing accessories in Indonesia. This growth trend is indicative of increasing demand and potentially rising purchasing power within the country.
Future trends to watch for include changes in consumer preferences towards leather goods, possible shifts in trade policies, and the impact of regional economic conditions. Additionally, sustainability trends in fashion could influence market dynamics, potentially affecting leather imports if alternatives gain popularity.