In 2023, the sold production of goats or kids raw hides and skins in Italy stood at 18.5 thousand items. Forecasted data indicate a consistent upward trend with values increasing to 20.25 thousand items in 2024, 22.6 in 2025, 24.93 in 2026, 27.23 in 2027, and 29.52 in 2028. The year-on-year variation from 2024 to 2028 shows a positive growth trend, with an annual compound growth rate (CAGR) of approximately 11.8% over these five years.
Future trends to watch for:
- Potential impacts of global demand shifts affecting exports.
- Technological advancements in processing that could improve efficiency.
- Environmental regulations impacting production and disposal processes.
- Market dynamics influenced by consumer preferences for sustainable materials.