The import of trunks and suit-cases with an outer surface of leather to the US is forecasted to decline from 2024 to 2028. Starting at 1.5677 million kilograms in 2024 and decreasing to 1.2314 million kilograms by 2028, this reflects a consistent year-on-year decrease. Compared to 2023, when imports stood at 1.65 million kilograms, the trend indicates a cautious decline. The average compound annual growth rate (CAGR) over this period suggests a negative trend in leather suitcase imports, driven by shifts in consumer preferences and increased competition from non-leather alternatives.
Future trends to watch include:
- Growth in sustainable and eco-friendly luggage options.
- Impact of international trade policies and tariffs on leather goods.
- Advancements in travel behavior and their influence on luggage preferences.
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