In 2023, the production value of tanning and dressing of leather, along with the dressing and dyeing of fur in Germany, stood at approximately 670 million Euros. The forecasts indicate a gradual increase from 675.6 million Euros in 2024 to 693.5 million Euros by 2028. Year-on-year variations reveal a steady growth, with percentages demonstrating an average annual increase of approximately 0.7%. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is about 0.65%.
Future trends to watch include potential shifts in consumer preferences towards sustainable and ethically-sourced leather and fur products, as well as advancements in production technologies that could impact operational efficiencies and cost structures. Additionally, the regulatory landscape concerning environmental and animal welfare could significantly influence market dynamics and growth trajectories in this sector.
