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

The leather and fur processing sector in Italy employed approximately 75,000 individuals in 2023. Forecasts predict a steady increase in employment in this sector, reaching 80,200 by 2028. Year-on-year, the growth rate is consistently around 1.4% to 1.3% from 2024 to 2028. The compound annual growth rate (CAGR) is anticipated to be approximately 1.3% from 2024 to 2028, reflecting moderate yet stable expansion.

Future trends to watch for:

  • Innovation in sustainable materials could impact employment as businesses adapt to eco-friendly trends.
  • Technological advancements may enhance productivity, potentially affecting job numbers.
  • Global economic conditions and trade policies will influence sector dynamics, impacting future employment rates.

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