The employment in the leather and fur processing sector, including the manufacture of luggage, handbags, saddlery, and harnesses in Germany, showed a forecasted decline from 7.39 thousand employees in 2024 to 7.30 thousand by 2028. This decline features a year-on-year decrease of approximately 0.4% annually over this period. As of 2023, the actual employment figure stood just above these forecasted values, indicating a gradual decline moving forward. The five-year compound annual growth rate (CAGR) for this sector suggests a small yet consistent decrease in employment.
Future trends to watch for in this sector include the impact of automation and sustainable material demand. Additionally, shifts in consumer preferences towards eco-friendly and ethically produced goods could alter employment needs and industry practices. Monitoring these developments will be crucial for forecasting further employment trends in the industry.
