The forecast for the sold production of sheep or lamb skin leather in Italy shows a declining trend from 2024 to 2028, with values decreasing from 3.0329 to 0.51303 million square meters. Compared to the base-year figure of 2023, which stood at [insert 2023 value], this represents significant year-on-year drops: 21.09% in 2025, 26.46% in 2026, 35.59% in 2027, and 54.76% in 2028. The compounded annual growth rate (CAGR) over the five-year forecast period indicates an average annual decline of 34.32%.
Future trends to monitor include:
- Changes in global leather demand and shifts towards synthetic alternatives.
- Fluctuations in sheep and lamb populations affecting raw skin supply.
- Potential impacts of environmental regulations on leather production.
