The market size value for belts and bandoliers of leather or composition leather in Israel fluctuated significantly from 2013 to 2023, peaking in 2014 before experiencing a general downward trend. The market saw significant declines in 2015 and 2017, with recovery efforts in later years showing modest gains. By 2023, the market was valued at 17.239 million US dollars. Over the last five years, the compound annual growth rate (CAGR) indicated a slight contraction of -0.52%, highlighting a challenging business environment.
Future trends to watch for include growing consumer preference for sustainable and eco-friendly products, technological advancements in leather production, and potential increases in export opportunities. Monitoring these factors can provide insights into potential market growth areas.
| # | 34 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,904,800,000 | 2023 | +4.21% | +5.28% | View data |
| 2 | 2 Japan | 555,760,000 | 2023 | -3.11% | -3.69% | View data |
| 3 | 3 Germany | 545,060,000 | 2023 | -0.1% | -0.027% | View data |
| 4 | 4 United Kingdom | 381,420,000 | 2023 | +0.43% | +0.67% | View data |
| 5 | 5 Canada | 190,370,000 | 2023 | +1.43% | +1.74% | View data |
| 15 | 15 Portugal | 22,879,000 | 2023 | -0.93% | -1.63% | View data |
| 16 | 16 South Africa | 17,520,000 | 2023 | -0.25% | +0.031% | View data |
| 17 | 17 Israel | 17,239,000 | 2023 | +1.96% | -0.52% | |
| 18 | 18 Chile | 17,030,000 | 2023 | +0.88% | +0.046% | View data |
| 19 | 19 New Zealand | 15,006,000 | 2023 | +1.78% | +1.79% | View data |