Data from Assomac highlighted the economic challenges of Italy’s leather sector in 2024, with declined exports and 78% of companies reporting reduced demand across domestic and international markets. By World Footwear.

“The current situation presents significant challenges, but our industry has shown great resilience. We remain competitive thanks to the quality and innovation of our technologies”, commented Mauro Bergozza, President of Assomac.

“However,” – Bergozza continued – “to maintain and expand this competitiveness, it is crucial to accelerate investments in advanced technology, sustainability and Industry 5.0. In a globalised context, the integration of technological innovation and environmental responsibility is what will allow us to continue to be a reference point in the sector”.

The Italian leather-footwear supply chain has faced a challenging 2024, with economic difficulties impacting domestic operations and exports. Data from Assomac revealed a drop of 6.77% in exports during the first nine months of the year. The resilience shown in 2023 has given way to declining orders, with over 78% of companies reporting lower demand.

Exports of footwear and leather goods machinery experienced a major downturn, falling by 22.45%, with steep declines in major markets such as France (-36.21%) and Spain (-69.25%), compared to the previous year. According to the World Footwear 2024 Yearbook (more information available HERE), France was Italy’s primary export destination for footwear in 2023.

The spare parts sector fared slightly better, with a smaller decrease of 3.99%, buoyed by growth in Asia (6.33%) and America (1.71%). Tannery machinery also struggled, although some resilience was noted in African and Asian markets.

2025

Looking forward, 2025 presents a tentative opportunity for recovery. Investments in advanced technologies and sustainable production methods are seen as key drivers for stabilisation. Collaboration with institutions to leverage Industry 5.0 funds and the development of international partnerships could help Italian companies strengthen their presence in global markets while regaining lost ground in more mature economies.