In 2023, the Gross Value Added Per Employee FTE for the tanning and leather industry in Italy was notably high. From 2024 onwards, forecasts indicate a slight annual increase, reaching 82.7 thousand euros by 2028. The year-on-year variation remains stable with marginal gains of approximately 0.1 to 0.2 thousand euros, reflecting a steady industry performance without significant fluctuations. Over a five-year period, the compound annual growth rate (CAGR) mirrors this consistency with a very modest upward trend.
Future trends to watch for include technological advancements in leather processing, shifts in sustainability practices, and evolving consumer preferences towards eco-friendly and ethically produced goods, which might influence market dynamics and value addition.
