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Leather Tanning & Finishing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Leather Tanning & Finishing Market Research Report | NAICS 31611 | Oct 2016

Rawhide: Declining downsream demand will negatively affect revenue growth

IBISWorld’s Leather Tanning & Finishing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Declining downstream industries and rising import competition are expected to impact performance
  • Declining downstream demand has been detrimental to the industry
  • An appreciating dollar will make leather exports more expensive and increase import demand
  • ... purchase to read more

Industry Analysis & Industry Trends

The Leather Tanning & Finishing Industry has declined over the past five years. Falling demand from auto, footwear and furniture manufacturers caused drops in revenue. The industry will stabilize over the coming years, as demand returns slowly, particularly in the global footwear market. However, price-conscious consumers will increasingly favor substitute products made from cheaper materials, such as vinyl and plastic. In addition, competition from imports will continue to pressure domestic operations... ... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Leather Tanning and Finishing industry is primarily comprised of small, nonemploying operators. The industry has struggled to compete with a growing number of imports over the past decade and operators have continuously downsized to maintain profit margins. Industry players tend to serve local and regional markets or specific downstream industries. For example, the industry's largest player, Eagle Ottawa LLC, which was recently acquired by The Lear Corporation, exclusively produces leather for automobiles, while SB Foot Tanning predominantly produces leather for the footwear industry. Driven by strong new car sales growth over the period, Eagle Ottawa's revenue has increased rapidly to account for an estimated 7.5% of total revenue in 2016. ... purchase to read more

Additional Insights for the Leather Tanning & Finishing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Leather Tanning & Finishing Industry are

  • Production of goods currently favored by the market
  • Ability to control stock on hand
  • Guaranteed supply of key inputs
  • IBISWorld analysts also discuss how external factors such as Trade-weighted index and Consumer Confidence Index in the Leather Tanning & Finishing industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Leather Tanning & Finishing Industry?

    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.

    Industry Products
    Upper leather (including patent)Wet blues (unfinished)Upholstery leatherGarment leatherContract or commission leatherCalf, sheep and other animal leatherSole and accessories leatherOther leather
    Industry Activities
    Tanning hides and skinsCurrying hides and skinsFinishing hides and skinsDyeing fursFinishing furs

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Trade-weighted index
  • Consumer Confidence Index
  • New car sales
  • Demand from shoe and footwear manufacturing
  • External competition for the Leather Tanning and Finishing industry
  • Current Performance
  • Downstream demand slowly rebounds
  • International trade
  • Competition from substitutes
  • Chart: Revenue Growth
  • Industry Outlook
  • Falling exports
  • Rising competition from imports and substitutes
  • Contracting downstream demand
  • Investment to maintain profitability
  • Table: Leather Tanning & Finishing Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Leather Tanning & Finishing Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Costume & Team Uniform Manufacturing
  • Shoe & Footwear Manufacturing
  • Leather Good & Luggage Manufacturing
  • Automobile Interior Manufacturing
  • Household Furniture Manufacturing
  • Athletic & Sporting Goods Manufacturing
  • Gym & Exercise Equipment Manufacturing
  • Key Selling Industries
  • Chemical Product Manufacturing
  • Dye & Pigment Manufacturing
  • Meat, Beef & Poultry Processing
  • Products & Services
  • Wet blues (unfinished)
  • Upper leather (including patent)
  • Upholstery leather
  • Garment leather
  • Other leather
  • Calf, sheep and other animal leather
  • Contract or commission leather
  • Sole and accessories leather
  • Chart: Leather Tanning & Finishing Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Exports - Other
  • Exports - Mexico
  • Apparel, footwear and accessories manufacturing
  • Exports - China
  • Furniture, automobile and aircraft seating manufacturing
  • Other
  • Chart: Major Market Segmentation for the Leather Tanning & Finishing Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Leather Tanning & Finishing
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Leather Tanning & Finishing Industry
  • Industry Globalization
    Major Companies
    Lear Corporation
  • Table: Lear Corporation - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Leather Tanning & Finishing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Leather Tanning & Finishing Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Trade-weighted index (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
  • Process of preparing leather for boots, shoes and other products that involves scraping, beating, smoothing and coloring leather.
  • Finishing
  • Process of applying a finishing material to the leather's surface. This represents the final stage of leather processing.
  • Leather Tanning
  • Process of making leather from rawhide.
  • Offshore
  • The relocation of a company's business process, such as manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.
  • Outsource
  • To procure goods or services under contract with an outside supplier.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Leather Tanning & Finishing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Leather Tanning & Finishing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Leather Tanning & Finishing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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