Leather Tanning & Finishing in the US - Industry Market Research Report
Description
Leather Tanning & Finishing in the US - Industry Market Research Report
Leather Tanning & Finishing in the US
Companies in the Leather Tanning and Finishing industry process, tan and finish animal hides using a variety of methods to increase the durability and versatility of the material. Over the five years to 2019, the industry has declined as a result of unprecedented leather price volatility. In 2014, a peak in leather prices caused producers to increase production and downstream users to adopt substitutes. In 2015, the price of leather declined drastically as the price for animal hides decreased due to an oversupply and mounting concerns regarding an economic slowdown in China, the industry's largest export market. However, declines have been slightly offset by increasing downstream demand from automotive manufacturers during the current period. The price of leather is expected to decrease over the five years to 2019 due to both global and domestic trends affecting the price of animal hides. In early 2015, increased environmental regulation in China led to the closure of numerous tanneries decreasing the need for imported animal hides while, in response to record demand in 2014, domestic producers were increasing production output. Over the five years to 2024, an expected decline in the trade-weighted index is projected to drive export growth as a weaker dollar makes domestic goods more competitive in global markets.
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.
Leather Tanning & Finishing in the US
Companies in the Leather Tanning and Finishing industry process, tan and finish animal hides using a variety of methods to increase the durability and versatility of the material. Over the five years to 2019, the industry has declined as a result of unprecedented leather price volatility. In 2014, a peak in leather prices caused producers to increase production and downstream users to adopt substitutes. In 2015, the price of leather declined drastically as the price for animal hides decreased due to an oversupply and mounting concerns regarding an economic slowdown in China, the industry's largest export market. However, declines have been slightly offset by increasing downstream demand from automotive manufacturers during the current period. The price of leather is expected to decrease over the five years to 2019 due to both global and domestic trends affecting the price of animal hides. In early 2015, increased environmental regulation in China led to the closure of numerous tanneries decreasing the need for imported animal hides while, in response to record demand in 2014, domestic producers were increasing production output. Over the five years to 2024, an expected decline in the trade-weighted index is projected to drive export growth as a weaker dollar makes domestic goods more competitive in global markets.
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.
Table of Contents
48 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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