The import of gloves, mittens, and mitts (excluding sports varieties) made of leather or composition leather to the US is expected to grow steadily over the next few years. From $428.53 million in 2024, the forecast data suggests a gradual yearly increase: $431.93 million in 2025, $435.26 million in 2026, $438.53 million in 2027, and $441.72 million in 2028. This steady upward trend indicates a compound annual growth rate (CAGR) of approximately 0.77% from 2024 to 2028. The data from 2023 is not available, hence the variations over the previous years can't be calculated.
Future trends to watch for:
- Potential shifts in global supply chain dynamics affecting leather goods.
- Changes in US fashion and consumer trends highlighting leather as a continued desirable material.
- Impact of trade agreements or tariffs on leather imports.
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- Percent
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