The market is dominated by domestic suppliers, as imports account for 0.2% of total market size in 2022. B2B drives market demand, with B2B spending representing 97.2% of total demand in 2022. Saudi Arabia has the second largest market size for tanning and dressing of leather regionally, with demand reaching USD396 million in 2022. Al-Ahli Leather Factory Co is the largest company in Saudi Arabia, generating 18.9% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 37.2% of total production value in 2022. The total number of companies remains unchanged in 2022. The costs of the industry increase by 12.1% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 47.8% of production value in 2022, the second highest regionally. The industry’s exports share decreases in 2022 to 7.6% of total production output. With production value of USD412 million, Saudi Arabia accounts for 22.4% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Tanning and Dressing of Leather in Saudi Arabia: 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 Saudi Arabia: 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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