The market is dominated by domestic suppliers, as imports account for 18.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 92.4% of total demand in 2022. Indonesia has the fifth largest market size for tanning and dressing of leather regionally, with demand reaching USD2.5 billion in 2022. Cisarua CV is the largest company in Indonesia, generating 1.7% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 4.6% of total production value in 2022. The total number of companies increases in 2022, to 2,711 units. The costs of the industry increase by 9.3% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 25.4% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 3.8% of total production output. With production value of USD2.0 billion, Indonesia accounts for 3.9% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Tanning and Dressing of Leather in Indonesia: ISIC 1911. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Tanning and Dressing of Leather in Indonesia: ISIC 1911 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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