The Leather and Leather Substitute Product Manufacturing industry has struggled significantly over the past five years. Revenue is primarily driven by demand from clothing and footwear manufacturers and personal accessory retailers. Industry revenue is estimated to decline at an annualised 4.7% over the five years through 2014-15. Revenue has been affected by falling demand from downstream clothing and footwear manufacturers. While leather is a key input for these manufacturers, it also competes with other fabrics and materials.
Firms in this industry primarily tan, finish and dye leather and animal hides, skins and fur. Companies are also involved in the production of sheepskin and slipe wool. Industry operators manufacture leather or synthetic leather handbags, wallets, suitcases, saddles and harnesses. This industry excludes leather clothing and footwear manufacturing.
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.