In 2023, Italy dominated the European Tanning and Leather sector with a turnover share of €52.94 million, followed by France at €23.12 million. Other significant contributors include Spain, Germany, and the UK. Positive year-on-year growth was noted in France (5.01%), and Poland (3.1%), while Serbia experienced a remarkable 32.08% increase. In contrast, Slovakia and Latvia faced significant declines of -13.67% and -14.97% respectively, and Belgium had a notable downturn of -19.77%. Over the last five years, sector-wide fluctuations suggest volatile market dynamics.
Future trends will likely be driven by sustainability initiatives, technological advancements in production, and shifts in consumer preferences favoring ethically sourced and eco-friendly products. Additionally, geopolitical factors and trade agreements will significantly impact the industry's growth trajectory and market shares across Europe.
Top countries in Tanning, Dressing of Leather, Luggage, Handbags, Saddlery and Harness; Dressing, Dyeing of Fur Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 52.94 | 2023 | +7.35% | +1.35% | View data |
| 2 | 2 France | 23.12 | 2023 | +6.74% | +5.01% | View data |
| 3 | 3 Spain | 4.02 | 2023 | +4.82% | -0.49% | View data |
| 4 | 4 Germany | 3.1 | 2023 | +1.68% | -0.86% | View data |
| 5 | 5 United Kingdom | 2.8 | 2023 | +1.73% | +2.87% | View data |
| 6 | 6 Poland | 2.14 | 2023 | +7.38% | +3.1% | View data |
| 7 | 7 Hungary | 1.81 | 2023 | +13.09% | +3.36% | View data |
| 8 | 8 Austria | 1.38 | 2023 | +5.37% | -2.07% | View data |
| 9 | 9 Portugal | 1 | 2023 | +1.46% | -2.52% | View data |
| 10 | 10 Netherlands | 0.99 | 2023 | +3.72% | +0.66% | View data |
