In 2023, the number of enterprises in Brazil's leather products sector stood at 7.36 thousand. By 2024, forecasts show a decline to 7.02 thousand, continuing a downward trend through 2028, reaching 5.77 thousand enterprises. Year-on-year, this decline is marked by reductions of 4.56% in 2025, 4.78% in 2026, 4.86% in 2027, and 4.95% in 2028. Over the five-year forecast period, this sector faces an average annual decline of approximately 4.70% in enterprise numbers.

Future trends to watch for:

Technological innovation and automation potentially transforming production and operating models.
Increasing demand for sustainable and ethical sourcing practices affecting material selection and processes.
Potential shifts in global trade agreements influencing export competitiveness.