|
Leather, Fur and Related Products Manufacturing
|
US$
300 |
|
Apr-2025 |
Doc #41887 |
|
| Printed Page Length :
14
pages |
| Number of Tables :
5 |
| Number of Figures:
1 |
|
Market Overview
|
|
The global economy faces potential headwinds from a renewed escalation in the U.S.-China trade conflict and the implementation of the United States’ new “reciprocal tariff” policy. These developments may dampen global economic growth and reignite inflationary pressures, weakening consumer spending across markets and indirectly weighing on Taiwan’s leather product shipments. Furthermore, the industry continues to experience a long-term contraction in the number of active manufacturers, reflecting limited momentum for sustained development. As a result, the sector is expected to enter a mild recession in 2025.
|
|
|
|