In 2023, the leather and fur processing and related manufacturing sector in Italy comprised approximately 6.43 thousand enterprises. The forecast from 2024 to 2028 reveals a gradual decline, with the number of enterprises expected to decrease from 6.41 thousand in 2024 to 6.34 thousand by 2028. This represents a marginal year-on-year decrease averaging around 0.2% from 2024 to 2028. Over the five years from 2024, the compound annual growth rate (CAGR) indicates a steady but small contraction in this sector.
Future trends to watch for in this sector include technological advancements that could alter production processes, shifts in consumer preferences towards sustainable materials, and potential impacts from global trade policies. Additionally, demand for niche and luxury products may provide growth opportunities in specific market segments.
