The Leather Sports Gloves and Mittens market in Canada exhibited dynamic trends from 2012 to 2022. Starting at $73.088 million in 2012, the market saw consistent growth through 2013, reaching a peak at $77.928 million. Thereafter, minor fluctuations characterized the market, with variations often less than 1% year-on-year. Notably, 2019 and 2020 experienced significant declines at -5.64% and -3.11% respectively, influenced by various market conditions. By 2021, recovery signs appeared with a 5.31% year-on-year increase, maintaining stability into 2022. The last five years (2018-2022) posted a marginally negative average annual growth rate (CAGR) of -0.6%, indicating relatively flat market performance.
Future trends to watch for:
- Technological advancements in material and design for enhanced performance.
- Increasing consumer preference for eco-friendly and sustainable products.
- Influence of economic factors on discretionary spending in sports goods.
- Potential market effects from new sports trends and activities gaining popularity.
How does Canada rank in Leather Sports Gloves and Mittens Market Size Value?
| # | 19 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 180,570,000 | 2023 | -2.9% | -3.13% | View data |
| 2 | 2 China | 177,460,000 | 2023 | +0.3% | +0.026% | View data |
| 3 | 3 South Korea | 100,430,000 | 2023 | +1.73% | +0.87% | View data |
| 4 | 4 Italy | 88,475,000 | 2023 | +2.11% | -0.075% | View data |
| 5 | 5 Canada | 74,889,000 | 2023 | +0.047% | -0.74% | |
| 6 | 6 Australia | 56,425,000 | 2023 | +0.13% | +0.59% | View data |
| 7 | 7 France | 54,977,000 | 2023 | +2.03% | +1.06% | View data |
