The number of persons employed in leather products in the US is forecasted as follows: 2024: 24.0K, 2025: 22.0K, 2026: 21.0K, 2027: 20.0K, 2028: 18.0K.
Year-on-year percentage changes: 2025: -8.33%, 2026: -4.55%, 2027: -4.76%, 2028: -10%. The compound annual growth rate (CAGR) from 2024 to 2028 is -6.90%.
Future trends to watch: Automation and technological advancements may further reduce employment in the leather products industry. Additionally, growing environmental concerns and shifts toward sustainable materials could impact demand and employment dynamics.
