The market is dominated by foreign suppliers, as imports account for 77.8% of total market size in 2020. B2B drives market demand, with B2B spending representing 100% of total demand in 2020. The UK has the ninth largest market size for tanning and dressing of leather in the region, with demand reaching USD203 million in 2020. NCT Leather Ltd is the largest company in the UK, generating 16.4% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 36.9% of total production value in 2020. The total number of companies increases in 2020, to 218 units. The costs of the industry decrease by 23.1% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 60.8% of production value in 2020, the highest in the region. The industry’s exports share increases in 2020 to 84.0% of total production output. With production value of USD225 million, the UK accounts for 2.4% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Tanning and Dressing of Leather in the UK: 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 the UK: ISIC 1911 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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