The forecast for the tanning and dressing of leather, along with related sectors in Italy, indicates steady growth from 2024 to 2028. The turnover is projected to increase from 17.18 billion Euros in 2024 to 18.61 billion Euros by 2028, reflecting a consistent upward trend.
For year-on-year analysis, the sector sees an approximate growth of 2.1% annually, with a compound annual growth rate (CAGR) of 2% over the five-year period. In 2023, the sector's turnover stood at 16.9 billion Euros, serving as a baseline for these projections.
Future trends to watch for include potential impacts from sustainable manufacturing practices, evolving consumer preferences towards eco-friendly products, and global economic conditions that could influence international demand for luxury Italian leather goods.
