Industry Analysis & Industry Trends
The Leather and Leather Substitute Product Manufacturing industry has struggled significantly over the past five years. Industry performance has been affected by falling demand for leather tanning, fur dressing and leather product manufacturing and less demand from downstream clothing and footwear manufacturers. Companies have also been affected by real household discretionary income levels and the strength of the Australian dollar. Industry operators export a majority of Australia's animal hides and skins to China. A large number of finished leather products such as belts, wallets and handbags are also imported from China. Industry revenue is estimated to decline at a compound annual 4.1%... purchase to read more
Industry Report - Industry Locations Chapter
The Leather and Leather Substitute Product Manufacturing industry is mainly concentrated in New South Wales, Victoria and Queensland. These states are estimated to account for 82.5% of the industry's total enterprises in 2013-14. Fellmongering and tanning require large amounts of water and generate significant pollution. Soft water with a low salt content is preferable for industry operations. Most industry activity is therefore carried out in north and north-west Melbourne and south Sydney, as soft water is readily available in these areas.
There is also moderate enterprise activity occurring in Queensland, South Australia and Western Australia due to relatively low start-up costs and barriers to entry... purchase to read more