In 2024, the forecast for sold production of goat or kid skin leather in France is 4.5214 million euros. This marks a decrease with the forecast trend continuing downward over the subsequent years. The value is expected to decline by 10.03% to reach 3.6196 million euros in 2026 and further drop by 11.03% annually to 2.7356 million euros by 2028. An average annual contraction, or CAGR, indicates a decline over the five-year period from 2024 to 2028.
Future trends to watch include:
- The potential impact of eco-friendly alternatives to traditional leather goods on demand.
- Fluctuations in raw material costs which may influence production values.
- Changing consumer preferences and potential innovation in sustainable leather production.