In France, the market for machinery used in working hides, skins, or leather and for footwear production is expected to see steady growth from 2024 to 2028. The projected figures show a continuous increase from 8.3345 million Euros in 2024 to 9.9813 million Euros in 2028. This reflects a compound annual growth rate (CAGR) of approximately 4.14%. In comparison, 2023 stood at approximately 8 million Euros, suggesting a positive upward trajectory starting in 2024.
Future trends to watch for include technological advancements in machinery, shifts toward sustainable materials, and changing consumer preferences impacting production requirements. Maintaining competitive advantage will depend on innovation and adaptability to new market demands.
