The market for watch straps and parts made of leather or plastic in Bosnia and Herzegovina reached a value of $0.059 per capita in 2023. Over the past decade, the market demonstrated fluctuations, with a notable decline from 2013 to 2015, followed by small recovery periods. Year-on-year, 2022 to 2023 saw a decrease of 1.67%, while the five-year CAGR from 2018 to 2023 was approximately -0.60%, indicating a slight downward trend throughout the last five years.
For future trends, watch for advancements in wearable technology and sustainability, as they may influence material preferences, with increasing interest in eco-friendly and smart materials potentially driving market innovations and consumer demand.
| # | 9 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 1.82 | 2023 | View data | ||
| 2 | 2 Italy | 1.63 | 2023 | View data | ||
| 3 | 3 Japan | 1.58 | 2023 | View data | ||
| 4 | 4 Germany | 1.49 | 2023 | View data | ||
| 5 | 5 New Zealand | 1.05 | 2023 | View data | ||
| 7 | 7 South Africa | 0.1 | 2023 | View data | ||
| 8 | 8 Mexico | 0.061 | 2023 | View data | ||
| 9 | 9 Bosnia and Herzegovina | 0.059 | 2023 | |||
