In France, the market size for trunks and cases of leather was valued at $20.285 billion in 2023, indicating steady growth over the past decade. From 2013 to 2023, the market exhibited fluctuations but maintained an overall upward trend. Specifically, there was a significant dip in 2015 (-10.12%) which was recovered by 2017 (7.95%). Finally, the last five years have seen a cyclical growth pattern, with a 2023 year-on-year variation of 0.94% and a consistent CAGR around 0.54% throughout the recent period.

Future trends to watch for:

A modest annual growth rate, with a forecasted 5-year CAGR of 0.71% leading up to 2028.
Increasing consumer demand for sustainable and high-quality leather products.
Potential impacts of economic fluctuations and trade policies on market dynamics.