Industry Analysis & Industry Trends
The Leather, Hide and Skin Wholesaling industry has been highly volatile due to yearly changes in leather products manufacturing, such as leather furniture and footwear, and fashion and clothing trends of leather products. Increased competition from substitute products negatively affected industry growth in the five years to 2012-13. In addition, changes in international trade volumes influenced wholesale volumes and wholesale revenue. As wholesalers can be exporters and importers of leather, skins and hides, decreasing import volumes for over a decade contributed to industry weakness.
In 2012-13, industry revenue is estimated to increase 2.5% to £425.8 million. This is down from £526.7 million in 2007-08, an annualised decline of 4.2%. A.. purchase to read more
Industry Report - Industry Analysis Chapter
The Leather, Hide and Skin Wholesaling industry was highly volatile in recent years, with a general downward trend in industry revenue in the past decade. These declines are attributed to falls in downstream manufacturing across the United Kingdom, particularly manufacturing of leather footwear, clothing, handbags and accessories. Increased competition from substitute products also hindered the industry.
Declining industry revenue
Higher forecast cattle slaughter rates in 2012-13 are expected to result in higher industry volumes for the year, resulting in industry revenue growth of 2.5%. In the five years through 2012-13, industry revenue is estimated to decline at an annualised 4.2%... purchase to read more