The forecast for China’s import of trunks and suitcases with an outer surface of leather shows a steady growth from 2024 to 2028, with values increasing from 1.2842 to 1.4873 million kilograms. In 2023, the actual import figure stood below 1.2842 million kilograms. Year-on-year increases approximate around 4% across these years, indicating a consistent upward trend. Over the five-year projection period, a compound annual growth rate (CAGR) of nearly 3.7% is expected, reflecting a steady demand increase in China.
Future trends to monitor include changes in consumer preferences, impacts from economic factors like tariffs, and international trade agreements. The industry's growth could also be influenced by shifts towards sustainable practices and innovative material usage in the manufacturing of these goods.
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