The sold production of luggage, handbags, saddlery, and harness in Italy is forecasted to steadily increase from €4.7731 billion in 2024 to €5.1949 billion by 2028. This represents an overall trend of growth for the industry, building upon the figures from 2023, which stood at approximately €4.668 billion. The year-on-year growth rates remain positive, indicating a healthy expansion with an estimated CAGR of around 2% over the five-year period.

Future trends to watch in this sector include:

The impact of sustainable and innovative materials gaining momentum in consumer preferences.
The rise of e-commerce and digital marketing strategies shaping distribution channels.
Potential geopolitical influences affecting supply chains and production costs.
The evolution of luxury and premium segment demand, as global economic conditions fluctuate.