In 2023, the number of employees in the leather and fur processing and manufacture of luggage, handbags, saddlery, and harness sector in Germany was recorded at approximately 6.2 thousand. Starting from 2024, predictions indicate a gradual decline in employment. The year-on-year variation shows a decrease of approximately 1.31% from 2024 to 2025, followed by a further drop of 1.16% from 2025 to 2026, a decline of 1.34% from 2026 to 2027, and finally a slight decrease of 1.19% from 2027 to 2028. Over the forecast period from 2024 to 2028, the compound annual growth rate (CAGR) is expected to be negative, highlighting a trend of decreasing employment.
Future trends to watch for include technological advancements and increased automation that could further reduce the need for human labor in this sector. Additionally, evolving consumer preferences towards sustainable products and materials may impact employment dynamics. The leather and luxury goods market's global shifts may also influence Germany's employment landscape in this industry.
