The leather and fur processing sector, along with the manufacture of luggage, handbags, saddlery, and harness in France, was valued at approximately 7.16 billion Euros in 2023. Forecasted values indicate a steady growth, reaching 9.15 billion Euros by 2028, which translates to a compound annual growth rate (CAGR) of around 4.9%. Year-on-year, the forecast suggests an increase of about 5.3% from 2024 to 2025, and similar growth rates of approximately 5% are expected through 2028.
Trends to watch for include:
- Increased demand for sustainable and ethically sourced products.
- Technological advancements in production and design processes.
- Growing online sales channels contributing to market reach and diversification.
