The production of leather products in the Netherlands has demonstrated fluctuating trends. From 2013 to 2017, there was a generally stable production volume with minor variations each year. However, a significant decline occurred in 2020, likely due to the global pandemic, but production rebounded strongly in 2021. The current standing in 2023 is at 420 million Euros, marking a consistent rise since the recovery in 2021.
Year-on-year, the production increased by 1.2% in 2023. Over the past five years, the Compound Annual Growth Rate (CAGR) has averaged 0.88%. Future projections from 2024 to 2028 indicate a steady growth, with forecasted annual increases, reaching 444.13 million Euros in 2028.
Future trends to watch for:
- Innovations in sustainable leather production
- Changes in global trade agreements impacting exports
- Shifts in consumer preferences towards ethically produced goods
- Technological advancements in manufacturing processes
