The sales of leather and sheep-lined apparel in the US are forecasted to decline steadily from $47.12 million in 2024 to $44.61 million in 2028. In 2023, the actual sales stood at $47.75 million. The year-on-year percentage decreases are as follows: 2024 to 2025: -1.38%, 2025 to 2026: -1.35%, 2026 to 2027: -1.37%, and 2027 to 2028: -1.33%. The compound annual growth rate (CAGR) over the five-year period is a decrease of approximately -1.39% per year.

Future trends to watch for include:

Impact of sustainable fashion movements influencing consumer preferences away from animal-derived products.
Technological advancements in synthetic and alternative materials improving their appeal and affordability.
Potential shifts in trade policies affecting import/export dynamics and pricing.