The US finished and unfinished leather sales are projected to decline from 2024 to 2028, with values decreasing from $1.2777 billion to $1.2322 billion. This marks a consistent downward trend with a year-on-year decline averaging around 1%. In 2023, the market concluded with sales of $1.29 billion, indicating that the downward trajectory commenced post-2023. The five-year compound annual growth rate (CAGR) shows an average annual decrease of approximately 1.1%.

Future trends to watch include potential shifts in consumer preferences towards sustainable alternatives and the impact of environmental regulations on leather manufacturing processes, which could further influence market dynamics.

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