The tanning and dressing of leather, along with the production of luggage, handbags, saddlery, and harnesses, experienced growth in turnover in France from 2023 to 2028. The forecast anticipates a steady increase from €7.65 billion in 2024 to €8.83 billion in 2028. The year-on-year growth rates exhibit consistent momentum with an average CAGR from 2024 to 2028. In 2023, the industry stood at €7.35 billion, marking the base for this progressive trend.

Future trends to watch for include:

Sustainability initiatives in leather and fur production as consumer awareness grows.
Technological advancements in synthetic alternatives impacting traditional leather markets.
Potential trade dynamics influenced by EU regulations and international partnerships.
Evolving consumer preferences toward luxury and traditional goods post-pandemic.