The market is dominated by foreign suppliers, as imports account for 56.7% of total market size in 2021. B2B drives market demand, with B2B spending representing 100% of total demand in 2021. The UK has the eighth largest market size for tanning and dressing of leather regionally, with demand reaching USD345 million in 2021. NCT Leather Ltd is the largest company in the UK, generating 16.4% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 36.9% of total production value in 2021. The costs of the industry increase by 65.7% in 2021, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 75.8% of production value in 2021, the highest regionally. The industry’s exports share decreases in 2021 to 64.3% of total production output. With production value of USD330 million, the UK accounts for 2.9% of the Western Europe total in 2021.
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This Euromonitor industrial report provides unique information on Tanning and Dressing of Leather in the United Kingdom: 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 United Kingdom: 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.See All of Our Definitions
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