The market is dominated by foreign suppliers, as imports account for 77.2% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.3% of total demand in 2022. Canada has the 16th largest market size for tanning and dressing of leather across the top 20 developed countries, with demand reaching USD121 million in 2022. Tannerie des Ruisseaux Inc is the largest company in Canada, generating 27.9% of the industry’s total production value in 2022. The industry is fragmented, with the top four companies generating 38.2% of total production value in 2022. The total number of companies decreases in 2022, to 179 units. The costs of the industry decrease by 12% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 14.9% of production value in 2022, the sixth highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 31.8% of total production output. With production value of USD36.9 million, Canada accounts for 1.6% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Tanning and Dressing of Leather in Canada: 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 Canada: 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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