The German market for lubricants made of less than 70% petroleum oil for textile and leather uses is predicted to experience a declining trend from 2024 to 2028. In 2023, the market size stood at an actual value, which serves as a base for the forecast. From 2024 onwards, the market is expected to contract annually: 2024 shows a market size of $27.439 million, with subsequent years showing minor declines. The compound average growth rate (CAGR) over these five years indicates an average decrease per year.

Future trends to watch:

Shifts toward more sustainable and eco-friendly products could further impact market dynamics.
Technological advancements might influence product formulation and consumption patterns.
Regulatory changes regarding the composition of lubricants could affect market behavior.