The analysis of the hours worked in the luggage, handbags, saddlery, and harness industry in Italy from 2024 to 2028 suggests a consistent growth trend. Starting from 76.244 million hours in 2024, the industry is expected to increase to 82.995 million hours by 2028. The year-on-year percentage growth remains steady, reflecting strong industry demand and a recovery phase post-2023, which acted as a baseline for improved activity. This period captures a CAGR that indicates a healthy annual average growth rate in the industry.
Future trends to watch include potential impacts of automation, sustainability initiatives in production, and shifts in consumer preferences toward luxury and custom goods, which can influence further growth as well as operational hours in the coming years.
