Thick-skinned: Despite continuing challenges, the industry is anticipated to return to growth

The Leather, Hide and Skin Wholesaling industry sells products derived predominantly from bovine, sheep and exotic animals, such as ostrich. Trends and activities in downstream leather product manufacturing industries such as footwear, furniture and leather goods manufacturers are factors that the industry is strongly dependent upon. The industry is highly fragmented and comprises of numerous smaller wholesaling firms, with no company holding market share above 5%.Over the five years through 2019-20, IBISWorld expects industry players to have endured tough operating conditions, with revenue forecast to decline at a compound annual rate of 0.5%...read more.

Industry Statistics & Market Size
Revenue
£449.9m
Annual Growth 15-20
-0.5%
Forecast Growth 20-25
Profit
Employment
1,255
Businesses
135
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Wholesale bypass and changes in the volumeof leather traded have affected performance
  • Industry operators face competition from high quality imported products and leather substitutes
  • Demand for furniture is expected to increase thank to the strengthening property markets
  • Industry Report - Starting a New Business Chapter

    Barriers to entry are relatively low due to low start-up costs and limited government and licensing requirements. It is generally inexpensive to establish a new leather wholesaling company, while additional costs can be minimal. These include transportation and associated costs, which may be outsourced.Technological change is also low. Most operators are small, local firms. An estimated 83.3% of firms employ fewer than 10 people, and no firm has more than 50 employees. This suggests that investment in technology and IT infrastructure is unattractive as its benefits are limited. Likewise, the fragmented nature of the industry suggests there are opportunities to specialise in niche products like fish leather...purchase to read more.

    Additional Insights for the Leather, Hide & Skin Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Leather, Hide & Skin Wholesaling Industry are

  • Ability to alter goods and services produced in favour of market conditions
  • Ability to control stock on hand
  • Ability to pass on cost increases
  • IBISWorld analysts also discuss how external factors such as Demand from footwear manufacturing and Downstream demand from manufacturing in the Leather, Hide & Skin Wholesaling industry impact industry performance..

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    What's in this report

    What is the Leather, Hide & Skin Wholesaling Industry?

    Companies in this industry wholesale hides, skins and leather. They sell these products to downstream companies, such as apparel and furniture manufacturers.

    Industry Products
  • Bovine leather - prime cattle
  • Bovine leather - adult cattle
  • Sheepskins and sheep leather
  • Exotic leathers, skins and furs
  • Industry Activities
  • Hide wholesaling
  • Skin wholesaling
  • Leather wholesaling
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from footwear manufacturing
  • Downstream demand from manufacturing
  • Number of livestock slaughtered
  • Public concern over environmental issues

  • Current Performance
  • Downstream demand
  • Pricing pressures
  • Wholesale bypass

    and substitutes

  • Profit pressures
  • Market structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Revenue growth
  • Wholesale bypass
  • Substitute products
  • Potential challenges
  • Table: Leather, Hide & Skin Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Leather, Hide & Skin Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Footwear Manufacturing
  • Motor Vehicle Parts & Accessories Manufacturing
  • Office & Shop Furniture Manufacturing
  • Sporting Goods Manufacturing

  • Key Selling Industries
  • Dairy Cattle Raising
  • Leather & Fur Processing

  • Products & Services
  • Bovine leather - prime cattle
  • Bovine leather - adult cattle
  • Sheepskins and sheep leather
  • Exotic leathers, skins and furs
  • Other
  • Chart: Leather, Hide & Skin Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
  • Levels of disposable income
  • Manufacturing activity
  • Consumer taste and preferences
  • Wholesale bypass

  • Major Markets
  • Footwear manufacturers
  • Furniture manufacturers
  • Handbag, wallet and other leather goods manufacturers
  • Automotive and other transport manufacturers
  • Clothing manufacturers
  • Other
  • Chart: Major Market Segmentation for the Leather, Hide & Skin Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationMarketingRentUtilitiesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Leather, Hide & Skin Wholesaling

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Leather, Hide & Skin Wholesaling Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Leather, Hide & Skin Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Leather, Hide & Skin Wholesaling Industry
    Includes:
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Marketing (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Full-Grain Leather
  • Hides that have not been sanded, buffed or snuffed to remove imperfections. High-quality leather furniture and footwear are often made of full-grain leather.
  • Tanning
  • The upstream processing of animal skins to make leather.
  • Vertical Integration
  • The degree of vertical integration is the extent to which a firm owns its upstream suppliers and its downstream buyers. Wholesalers are commonly owned by manufacturers or retailers.
  • Wholesale Bypass
  • The process by which manufacturers avoid wholesalers and establish direct relationships with retailers.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Leather, Hide & Skin Wholesaling market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Leather, Hide & Skin Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Leather, Hide & Skin Wholesaling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Leather, Hide & Skin Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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