The forecast for wages and salaries in the Italian tanning and dressing of leather; dressing and dyeing of fur sector indicates a steady increase from €677 million in 2024 to €717.9 million in 2028. As of 2023, the sector was valued at €667 million. This growth represents a year-on-year increase of approximately 1.52% from 2024 to 2025 and a consistent upward trend by around 1.53% annually through 2028. The compound annual growth rate (CAGR) over these five years is approximately 1.48%.
Future trends to watch for:
- Market dynamics driven by global demand for leather and fur products.
- Technological advancements in sustainable processing practices.
- Regulation impacts on production costs and labor dynamics.
- Shifts towards synthetic alternatives affecting traditional manufacturing.
