The forecast for the number of employees in the leather products sector in Germany is expected to remain constant from 2024 to 2028, at 18,000 persons each year. As of 2023, the actual value stood at the same level, indicating no year-on-year variation for upcoming years based on available data. Over the past two years and the following five-year forecast, there is a 0% compound annual growth rate (CAGR), reflecting a stable employment scenario in this sector.
Future trends to watch for:
- Potential technological advancements and automation which might affect employment numbers.
- Shifts in consumer preferences towards sustainable and eco-friendly leather alternatives.
- Economic factors and trade policies influencing domestic production and international competition.