Sold production of leather uppers of footwear in Italy is forecasted to increase from €457.03 million in 2024 to €470.25 million in 2028, indicating a steady growth pattern. In 2023, the recorded value stood at €453 million. The year-on-year growth rates are as follows: for 2025, 0.73%; for 2026, 0.72%; for 2027, 0.71%; for 2028, 0.70%. The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 is approximately 0.76%.
Future trends to watch for include:
- Advances in sustainable and eco-friendly leather production techniques. - Increasing consumer demand for premium and ethically manufactured footwear. - Technological innovations in material sciences that enhance durability and design. - Geopolitical factors affecting supply chain efficiency and raw material costs.
