In 2023, the turnover per employee in France's tanning and leather industry stood under pressure amid global economic shifts. The forecast from 2024 to 2028 shows a tentative recovery with values rising from 235.7 to 237.2 thousand Euros. This represents a modest year-on-year growth of approximately 0.21% annually. The Compound Annual Growth Rate (CAGR) over the five-year forecasted period is calculated at around 0.16% per year, indicating a slow upward trend.
Future trends to watch for include the increasing demand for sustainable and ethically sourced leather goods, which may affect turnover. Technological advancements in manufacturing and potential shifts in global trade policies could also significantly impact the sector's financial performance and productivity.
