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

  • July 2017
  • 41 pages
  • Ibisworld
Report ID: 322993

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A raw time: As the US dollar appreciated, exports declined and hindered industry revenue growth

Abstract

Leather Tanning & Finishing in the US



Over the five years to 2017, industry revenue is expected to increase slightly. While improved economic conditions have driven downstream demand from the automotive market, the industry has continued to be adversely affected by import competition. The industry will also face increased competition from substitute products such as faux leather. As the US dollar is expected to improve, high import levels will persist and exports will continue to decline. As a result, industry revenue is anticipated to decline over the five years to 2022.

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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