The leather apparel market in Greece has experienced fluctuating growth from 2013 to 2023, with market value peaking in 2017 at 17.098 million euros. However, the market witnessed a downward trend with consistent declines in subsequent years, resulting in a 2023 value of approximately 12.823 million euros. Year-on-year variation for 2022 and 2023 shows modest growth at 1% and 0.93%, respectively. The compound annual growth rate (CAGR) over the last five years stands at -4.61%, indicating a contraction in the market.

Future trends to watch for:

Influence of sustainable and ethical fashion on consumer preferences.
Potential recovery with tourism growth driving demand for luxury apparel.
Innovation in leather alternatives and materials affecting traditional leather markets.