In 2023, the production of machinery for working hides, skins, or leather and for making or repairing footwear in France stood at 115 items. Forecasts for 2024 to 2028 suggest a steady increase from 120 to 139 items, representing a compound annual growth rate of 3.67%. Year-on-year growth is expected to be between 3.2% and 3.7%. The data indicates a positive trajectory for the French machinery sector related to leather and footwear, driven by rising demand and possibly advancements in technology.
Future trends to watch for include:
- Technological advancements in machinery design and efficiency.
- Changes in global leather and footwear market dynamics impacting demand.
- Potential sustainability shifts influencing production methods.
