The Leather Sports Gloves and Mittens market in Australia showed a fluctuating trend from 2012 to 2022, starting at $57.289 million in 2012 and ending at $56.349 million in 2022. The market experienced its lowest value in 2016 at $49.989 million before recovering to nearly its starting value. Year-on-year variations ranged from a steep decline of 6.68% in 2020 to a minor increase of 0.14% in 2022. The Compound Annual Growth Rate (CAGR) over the last five years stands at a modest 1.47%, indicating moderate growth and market stabilization.
Future trends to watch for include sustainable and eco-friendly materials gaining traction in consumer preferences, advancements in sports glove technology enhancing performance, and potential economic fluctuations impacting disposable income and sports participation rates.
How does Australia 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% | View data |
| 6 | 6 Australia | 56,425,000 | 2023 | +0.13% | +0.59% | |
| 7 | 7 France | 54,977,000 | 2023 | +2.03% | +1.06% | View data |
| 8 | 8 United Kingdom | 53,064,000 | 2023 | +0.71% | -0.29% | View data |