The turnover for leather clothes in Germany is projected to decline from 50.8 million euros in 2024 to 45.1 million euros by 2028. This forecasted decrease represents a year-on-year percentage decline of approximately 3.2% in 2025, 3.1% in 2026, 2.7% in 2027, and 2.8% in 2028. Looking at the compound annual growth rate (CAGR), the average annual decline over this five-year period is around 2.9%.
In 2023, the leather clothes turnover stood at 52.5 million euros, illustrating that the market experienced a downturn even before 2024. The continued decline suggests structural challenges in the sector.
Future trends to watch for include shifts in consumer preferences towards sustainable and alternative materials, potential economic fluctuations affecting disposable incomes, and evolving fashion trends that might either revive or further diminish demand for leather apparel. Monitoring these factors closely will provide better insights into the long-term prospects of the leather clothing market in Germany.
