Forecast: Production in Leather and Fur Processing; Manufacture of Luggage, Handbags, Saddlery and Harness Sector in Italy

The leather and fur processing, and the manufacture of luggage, handbags, saddlery, and harness sector in Italy, sees a forecasted increase from €17.53 billion in 2024 to €19.1 billion by 2028. This represents a steady annual growth, with the year-on-year increase averaging around 2-2.1% annually. Comparing this to the previous year, 2023, the sector showed recovery and growth, marking a promising outlook for these industries. Looking ahead, innovation in sustainable materials, shifts in consumer preferences towards ethical production, and digital transformation in supply chains could critically impact growth trends and the competitiveness of Italian manufacturers in this sector.

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