The sold production of leather-based or leather apparel in Poland has experienced significant fluctuations over the past decade. Between 2013 and 2023, the market saw both periods of growth and decline. Notably, the value stood at 4.1687 Million Euros in 2023, representing a decline from previous highs. The year-on-year variation shows notable declines in recent years, with a -4.4% decrease from 2022 to 2023. The CAGR over the last five years stands at -3.39%, indicating a general downward trend in production values.
Forecasted figures from 2024 to 2028 suggest a continuing decline, with values expected to decrease annually at a CAGR of -4.37%, resulting in an overall forecasted reduction of 20% by 2028. Future trends to watch for include potential market saturation, shifts in consumer preferences towards synthetic alternatives, and increasing environmental regulations impacting leather production processes.
