In 2023, the Luggage, Handbags, Saddlery, and Harness sector in France had a workforce of approximately 33,000 employees. From 2024 onward, the sector is expected to display a consistent upward trend, with employee numbers forecasted to rise steadily. The year-on-year growth from 2024 to 2028 ranges from 4.61% to 3.70%, while the Compound Annual Growth Rate (CAGR) over this five-year period is about 4.12%.
Future trends to watch for include:
- Technological advancements influencing production efficiency and employment dynamics.
- Evolving consumer preferences potentially affecting product demand and workforce requirements.
- Impact of sustainability trends on materials and manufacturing processes in the sector.