In 2023, Italy dominated the European Tanning, Dressing of Leather, and related industries with a significant production value share of 54.62%. France followed with 22.78%, showcasing robust growth of 5.96% compared to the previous year. Spain and Germany experienced declines of 0.21% and 5.26%, respectively. Notable positive trends included Serbia's remarkable 27.17% increase and steady expansion in the United Kingdom, Poland, Romania, and Hungary. Most of the smaller markets, such as Latvia and Iceland, showed negative growth.
Future trends to watch include Italy's continuous dominance and France's potential market share expansion. Additionally, Serbia's growth trajectory could signal emerging opportunities, while fluctuating performances in larger markets like Germany might indicate underlying sector challenges. Emerging sustainability trends could influence production and innovation in leather processing, impacting the industry's dynamics across Europe.
Top countries in Tanning, Dressing of Leather, Luggage, Handbags, Saddlery and Harness; Dressing, Dyeing of Fur Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 54.62 | 2023 | +7.29% | +1.24% | View data |
| 2 | 2 France | 22.78 | 2023 | +8.68% | +5.96% | View data |
| 3 | 3 Spain | 4.21 | 2023 | +5.67% | -0.21% | View data |
| 4 | 4 Germany | 2.4 | 2023 | -2.1% | -5.26% | View data |
| 5 | 5 United Kingdom | 2.39 | 2023 | +1.69% | +2.47% | View data |
| 6 | 6 Poland | 1.8 | 2023 | +2.57% | +0.87% | View data |
| 7 | 7 Hungary | 1.73 | 2023 | +12.21% | +3.03% | View data |
| 8 | 8 Austria | 1.39 | 2023 | +5.66% | -2.26% | View data |
| 9 | 9 Netherlands | 0.94 | 2023 | +4.34% | +0.75% | View data |
| 10 | 10 Portugal | 0.9 | 2023 | -1.09% | -4.67% | View data |
