The tanning and dressing of leather, as well as the dressing and dyeing of fur industry's gross value added per employee FTE in Germany, is showing modest growth. From 2024 to 2028, the growth is forecasted to remain flat, with values increasing only slightly each year from 55.5 to 55.7 thousand euros. In 2023, this metric stood at 55.4 thousand euros. Year-on-year growth is minimal with average annual increases barely noticeable over the last two years. The 5-year CAGR is approximately zero, indicating stagnation.
Future trends to watch include:
- Technological advancements enhancing efficiency.
- Increased demand for sustainable materials influencing industry practices.
- Potential shifts due to regulatory changes regarding leather and fur processing.