The Leather and Leather Substitute Product Manufacturing industry in Australia has fluctuated over the past five years, but has trended upward in most years. An export surge in 2009-10 caused industry revenue to increase by 59.3% to an estimated $1.23 billion (constant 2011-12 dollars), with further growth in 2010-11. In the five years through 2011-12, industry revenue is expected to increase an annualised 7.8%. After several years of large revenue declines due to lower volumes and prices, the main survivors have been those companies able to increase exports and adapt to a changing environment characterised by lower demand from local downstream manufacturers.
Firms in this industry tan, curry, dress, finish, dye, emboss and stamp leather, animal skins and fur. Companies are also involved in the production of fellmongered wool, pelt or slipe wool. The industry also manufactures handbags, wallets, luggage, saddles, machine belting, industrial packaging and other similar products out of leather and synthetic leather, excluding leather footwear and leather clothing.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.