The production of leather products in Italy demonstrated a fluctuating trend from 2013 to 2023, with an overall moderate increase. After a decline in 2016 and stability around 2017, production picked up significantly in 2018 and experienced a notable drop in 2020 due to pandemic impacts. The rebound started in 2021, continuing a steady rise through 2023, achieving 33.36 billion euros. The Compound Annual Growth Rate (CAGR) over the last five years is 1.13%, highlighting a consistent, albeit modest upward trajectory.

Looking ahead, production is forecasted to grow steadily, with a 5-year CAGR of 0.9%, leading to a forecasted value of 35.33 billion euros by 2028. Key trends include:

Adoption of sustainable and ethical manufacturing practices
Increased focus on innovation and digital transformation in production processes
Growing demand in global markets, particularly in luxury and premium segments
Potential economic and geopolitical challenges impacting raw material supply and export conditions