The forecasted production of sheep or lamb raw hides and skins in Italy shows a steady increase from 2024 to 2028, rising from 16.416 million items in 2024 to 22.489 million items in 2028. This represents a significant year-on-year growth, with an approximate increase of 9.39% from 2024 to 2025, 8.48% from 2025 to 2026, 7.76% from 2026 to 2027, and 7.12% from 2027 to 2028. This consistent growth results in a compound annual growth rate (CAGR) of about 8.25% from 2024 to 2028.
Future trends to monitor include:
- Changes in global demand for hides and skins due to shifts in fashion or consumer preferences
- Impact of environmental and sustainable practices on production techniques
- Potential effects of trade policies or tariffs affecting export markets