The number of employees in the leather products sector in Turkey has experienced a general decline from 80,000 in 2014 to 73,000 in 2023. Notable year-on-year variations include a significant drop in 2015 by 5%, a steadier decline afterwards, and a brief recovery in 2018 with an increase of 4.11%. From 2021 to 2023, the employment levels stabilized, maintaining at 73,000. The average annual decline (CAGR) from 2018 to 2023 stands at -0.8%, reflecting a gradual but persistent reduction.
Projections for the future indicate continued declines, with employment expected to reach approximately 71,000 by 2028, driven by a forecasted 5-year CAGR of -0.55%. Overall, the last five years showcase a general trend of diminishing employment in this sector.
Future trends to watch for include potential technological advancements, shifts in consumer preferences towards synthetic materials, and economic factors influencing production costs. Monitoring industry innovations and market demands will be crucial for projecting future employment dynamics.