Key Metrics (in Thousand Euros):
2024: 33.79
2025: 30.87 (-8.64%)
2026: 28.01 (-9.31%)
2027: 25.21 (-10.00%)
2028: 22.46 (-10.89%)
Compound Annual Growth Rate (CAGR) over 5 years: -10.34%
The data indicates a continuous downward trend in leather clothes turnover per employee in Belgium. Companies should monitor changes in consumer preferences, market saturation, and potential international competition affecting the leather industry. Continuous innovation and cost management strategies will be essential to mitigate further decline.
