In 2023, Italy dominated the European leather industry with the largest number of enterprises, despite a -6.39% decrease. France and Spain followed, both experiencing modest changes with France increasing by 6.01% and Spain decreasing by -2.61%. Notable growth was observed in Slovakia with an 8.63% increase. Conversely, Romania faced a significant -6.89% decline. Smaller markets like Iceland showed stable enterprise numbers. Over the past five years, European leather enterprise numbers showed a variable trend, with some countries expanding and others contracting.
Future trends to watch for include:
- Continued innovation in sustainable leather production methods to influence market dynamics.
- The impact of global economic conditions on the demand for leather goods.
- Potential consolidation within the industry as larger entities may absorb smaller enterprises to achieve scale efficiencies.
- Changes in consumer preferences and regulatory environments regarding animal welfare and environmental sustainability that may reshape the industry landscape.
Top countries in Leather Products Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 9,670 | 2023 | -5.17% | -6.39% | View data |
| 2 | 2 France | 3,960 | 2023 | +4.35% | +6.01% | View data |
| 3 | 3 Spain | 3,960 | 2023 | -2.29% | -2.61% | View data |
| 4 | 4 Portugal | 2,790 | 2023 | -0.75% | -2.6% | View data |
| 5 | 5 Poland | 2,370 | 2023 | -4.51% | -4.35% | View data |
| 6 | 6 Germany | 1,430 | 2023 | +1.27% | +2.38% | View data |
| 7 | 7 Romania | 1,040 | 2023 | -8.38% | -6.89% | View data |
| 8 | 8 Netherlands | 853 | 2023 | +4.41% | +4.98% | View data |
| 9 | 9 Greece | 675 | 2023 | -1.03% | -1.66% | View data |
| 10 | 10 United Kingdom | 669 | 2023 | +1.06% | +0.99% | View data |
