The number of self-employed persons in the leather products sector in Italy stood at 17.0 thousand in 2023. From 2024 to 2028, the forecast indicates a declining trend: a 6.25% decrease between 2024 and 2025, stability from 2025 to 2026, and another 6.67% drop from 2026 to 2027, stabilizing again through 2028. The overall compound annual growth rate (CAGR) from 2024 to 2028 is negative.
Future trends to watch for:
- Changes in consumer preferences and demand for leather goods.
- Impact of sustainable practices and potential regulations on production.
- Technological advancements in manufacturing and their adoption by self-employed producers.
- Potential shifts in the global market affecting exports and imports.