The gross investment in Brazil's leather products sector is projected to rise from 1.59 billion Brazilian Reals in 2024 to 1.75 billion in 2028. Compared to 2023, where the investment stood at approximately 1.55 billion, this upward trend indicates a moderate year-on-year growth, averaging around 1.5% to 2.5% annually. The compound annual growth rate (CAGR) over the forecast period is approximately 2%.

Future trends to watch for include:

Technological advancements in production for improving efficiency and reducing costs.
Shifts in consumer preferences towards more sustainable and ethically produced leather products.
Trade policies and their impact on export opportunities for Brazilian leather goods.