The tanning, dressing of leather, and related industries in Italy are forecasted to see a steady wage and salary growth from 2024 through 2028. The forecasted figures indicate a year-on-year growth rate of approximately 4.5% starting from a base of 2.08 billion euros in 2023. By 2028, wages and salaries are anticipated to reach 2.56 billion euros, marking a compound annual growth rate (CAGR) of around 4.2% over the five-year period. This persistent increase suggests a resilient sector likely experiencing demand stability and operational expansion.

Future trends to watch:

Adoption of sustainable and eco-friendly practices affecting cost structures.
Shifts in global leather supply chains impacting operational efficiencies.
Increased automation and technology integration possibly influencing labor needs and cost dynamics.