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.