The number of enterprises in the Luggage, Handbags, Saddlery, and Harness sector in Italy was 4.73 thousand in 2023. The forecasts for the upcoming years, from 2024 to 2028, indicate a gradual decrease: from 4.69 thousand in 2024 to 4.54 thousand in 2028. The compound annual growth rate (CAGR) over this period forecasts a consistent decline.

Key future trends to watch for:

Impact of changing consumer preferences towards sustainable and ethical manufacturing.
Expansion of e-commerce platforms for local producers in the global market.
Adaptation to technological advancements in material science and production efficiency.