In 2023, the turnover per employee in the sector of luggage, handbags, saddlery, and harness in Germany was at 62.6 thousand euros. Forecasted figures from 2024 to 2028 show a steady decrease with an ongoing decline of approximately 4% each year. Specifically, it decreases from 60.2 thousand euros in 2024 to 50.8 thousand euros by 2028, reflecting a compound annual growth rate (CAGR) of about -5% over this five-year period.

Future trends to watch for include:

The impact of digitalization on reducing operational costs, potentially offsetting declines.
Changing consumer preferences potentially affecting the demand for luxury or handcrafted products.
Sustainability trends that may shift production costs or influence market demand.