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Leather Tanning & Finishing in the US - Industry Market Research Report

  • October 2016
  • -
  • Ibisworld
  • -
  • 38 pages

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Rawhide: Declining downsream demand will negatively affect revenue growth



Abstract

Leather Tanning & Finishing in the US

The Leather Tanning & Finishing Industry has declined over the past five years. Falling demand from auto, footwear and furniture manufacturers caused drops in revenue. The industry will stabilize over the coming years, as demand returns slowly, particularly in the global footwear market. However, price-conscious consumers will increasingly favor substitute products made from cheaper materials, such as vinyl and plastic. In addition, competition from imports will continue to pressure domestic operations.

Companies in this industry are involved in the following activities: tanning, currying and finishing hides and skins; having others process hides and skins on a contract basis; and dyeing and finishing furs. Operators in this industry generally purchase or obtain raw skins from slaughterhouses and treat and dye them to create finished leather.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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