The tanning and dressing of leather, along with the dressing and dyeing of fur industry in the UK, is predicted to contract from 2024 to 2028. As of 2023, there were 24 enterprises, and forecasts suggest a steady decline to 11 enterprises by 2028. The year-on-year decline from 2024 to 2028 reflects a decreasing trend, with the industry shrinking by an average of 15% annually during this period.

Future trends to watch for include:

Increasing environmental regulations and sustainable practices influence operational shifts.
Potential for technological advancements to improve efficiency and reduce costs.
Consumer preference trends towards alternative materials impacting industry demand.