The production value for the tanning, dressing of leather, and related sectors in the UK is forecasted to grow steadily from €763.83 million in 2024 to €815.72 million in 2028, indicating a consistent upward trend. This reflects an annual growth rate averaging approximately 1.6%, observed as the industry's compound annual growth rate (CAGR) over this period. This growth suggests a moderate yet stable increase, likely resulting from sustained demand and market normalization post-COVID-19 disruptions.

Future trends to watch include:

Technological advancements in sustainable materials such as vegan leathers, potentially reshaping industry operations and consumer preferences.
Fluctuations in global trade policies and the impact of Brexit on import/export dynamics influencing production costs.
Rising consumer awareness and demand for ethical sourcing and environmentally friendly production processes.