In Germany, the turnover in leather products stood at 186.9 million euros in 2023. Forecasted data from 2024 to 2028 shows a steady growth from 187.1 million euros in 2024 to 188.0 million euros by 2028. The year-on-year variation percentages over this period are minimal, indicating a stable market with slight incremental growth each year. Specifically, variations from 2024 to 2025 and from 2025 to 2026 are both approximately 0.16%, a trend that continues consistently each year. The compound annual growth rate (CAGR) over the last five years is roughly 0.12%.
Although the market is stable, keeping an eye on emerging trends such as increased demand for sustainable and ethically sourced leather products and potential economic shifts that could affect consumer spending is crucial. Policy changes related to trade and environmental regulations may also impact the market moving forward.
