The market is dominated by foreign suppliers, as imports account for 75.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 100% of total demand in 2022. The UK has the eighth largest market size for tanning and dressing of leather regionally, with demand reaching USD320 million in 2022. NCT Leather Ltd is the largest company in the UK, generating 12.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 28.4% of total production value in 2022. The total number of companies increases in 2022, to 264 units. The costs of the industry decrease by 15.1% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 80.6% of production value in 2022, the highest regionally. The industry’s exports share increases in 2022 to 79.7% of total production output. With production value of USD302 million, the UK accounts for 3.1% of the Western Europe total in 2022.
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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.
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