The turnover in the leather products sector in Germany is expected to remain steady from 2024 to 2028, hovering around 3.04 billion euros in 2024 and 2025, then slightly dipping to 3.03 billion euros from 2026 to 2028. This constancy follows the actual figures up to 2023, with no significant year-on-year variation over the last two years. The average yearly change over the last five years (CAGR) also indicates a stable trend with minimal fluctuation.
Future trends to watch for include:
- Impact of sustainable and ethical practices on consumer preferences.
- Technological innovations enhancing product quality and process efficiency.
- Global trade policies affecting import and export dynamics.
- Shifts in fashion trends influencing demand.
