Where are they getting the leather?
I can see them going with bracers and shin guards. But not full leather armor. It's a jungle. It rots leather quickly. Within a month, the leather will be able to be torn by hand. It is the inability to dry out the leather that could make it soften and rot [or for other armors to rust and generally corrode]. Maybe look at wooden or bamboo armor that may be less susceptible to humidity or lacquered armors [paper, wood, leather etc.] that could be sealed against the environment.
Leather shouldn't get wet. It can be treated to naturally shed water, but soaking leather will turn it soft initially and harden and shrink it when it dries. Clothing can be detrimental. While sandals protect the feet from thorns, boots cause foot fungus that can incapacitate. Light, breathable fabrics dry in a few minutes in the sun (sometimes hard to find in the rain forest) while heavy garments of leather would be stiflingly hot and hard to dry and then have to soften up again once they were dry.
Tabaxi rely on dexterity - stealth, camouflage, and ambush tactics. They already have some natural camouflage through their coats. They're in their natural environment that they are already adapted to.