In 2023, the turnover for tanning and dressing of leather, and dressing and dyeing of fur in Italy was at 7.75 billion euros. The forecast for 2024 to 2028 indicates a steady growth in this sector, starting from 7.87 billion euros in 2024 and reaching 8.39 billion euros by 2028. The year-on-year growth from 2024 to 2025 is projected at 1.65%, maintaining a consistent trend with incremental annual increases of around 1.63% till 2028. The compound annual growth rate (CAGR) from 2024 to 2028 stands at approximately 1.61%.
Future trends to watch for in this industry include advancements in sustainable and ethical production practices, shifts in consumer demand towards eco-friendly leather products, and the impact of global trade policies on international supply chains. Staying attuned to technological innovations and behavioral shifts will be crucial for businesses in adapting and thriving in this evolving market landscape.
