In 2023, Italy stands out as the dominant player in the European leather sector, contributing significantly to the industry's wage and salary distribution with a value of 45.17 million euros. France follows as the second-largest market, experiencing a notable 6.42% year-on-year increase. Romania saw the highest growth at 7.96%, whereas Slovakia encountered a significant decline of 8.65%. Other noteworthy changes include a decline in Germany by 1.88% and a slight increase in the United Kingdom by 2.41%. Over the past five years, the sector demonstrated modest compound annual growth, indicating steady, albeit varied, regional market dynamics.
Future trends to watch include the impact of technological advancements on production efficiency and the increasing consumer demand for sustainable and ethically produced leather goods. These could potentially shift the wage and salary landscape across European countries, with emerging markets likely to gain traction if they adapt to these changes. Environmental regulations in major markets may also influence industry parameters and geographic production strategies.
Top countries in Tanning, Dressing of Leather, Luggage, Handbags, Saddlery and Harness; Dressing, Dyeing of Fur Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 45.17 | 2023 | +8.8% | +4.14% | View data |
| 2 | 2 France | 25.27 | 2023 | +5.64% | +6.42% | View data |
| 3 | 3 Spain | 4.93 | 2023 | +2.84% | +1.28% | View data |
| 4 | 4 Germany | 3.9 | 2023 | -0.17% | -1.88% | View data |
| 5 | 5 United Kingdom | 3.8 | 2023 | +2.49% | +2.41% | View data |
| 6 | 6 Romania | 2.31 | 2023 | +14.01% | +7.96% | View data |
| 7 | 7 Austria | 1.5 | 2023 | +3.17% | +0.5% | View data |
| 8 | 8 Portugal | 1.45 | 2023 | +3.44% | +3.71% | View data |
| 9 | 9 Hungary | 1.38 | 2023 | +6.62% | +0.39% | View data |
| 10 | 10 Poland | 1.37 | 2023 | +1.96% | +1.4% | View data |
