The sold production of leather-based or leather apparel in Spain has been on a downward trend. In 2023, the value stood at 10.5 million Euros. Forecast data from 2024 to 2028 indicates a consistent decline in production value, starting at 9.6812 million Euros in 2024 and decreasing to 6.4343 million Euros by 2028. The year-on-year percentage variation indicates a steady decrease: -8.5% in 2025, -9.2% in 2026, -10.0% in 2027, and -11.1% in 2028. The Compound Annual Growth Rate (CAGR) over this period is approximately -9.0%.

Future trends to watch for include:

Increasing demand for sustainable and ethically-produced leather alternatives.
Changes in consumer preferences towards more casual and less formal attire.
Potential impact of economic factors such as inflation and disposable income on luxury goods consumption.
Technological advancements in synthetic leather materials.