The leather and fur processing, along with the manufacture of luggage, handbags, saddlery, and harness sector in Brazil, is predicted to experience modest growth from 2024 to 2028. Forecasts indicate a gradual increase in value added from 1.75 billion to 1.78 billion Brazilian Reals over this period. In 2023, the sector was valued at approximately the same as the starting forecast for 2024. The year-on-year percentage increase is negligible due to the steady progression, while the compound annual growth rate (CAGR) over five years also remains minimal.

Future trends to watch for include:

Potential impacts of global trade policies and tariffs on sector exports.
The influence of fashion trends on product demand.
Technological advancements in manufacturing processes improving efficiency.
Sustainability practices shaping industry standards and consumer preferences.
Exchange rate fluctuations affecting production costs and international competitiveness.