16 Nov 2022

Our latest issue of Leatherbiz Market Intelligence went live on the website on November 15.
It says there is now greater clarity about the direction the leather pipeline is heading in, but, unfortunately, the picture that is emerging is not encouraging.

 

Retail group Marks & Spencer warned recently of a “gathering storm” for consumer-facing businesses.

Leather commands a lower value-add than it should and animus against the material, especially in Europe, makes this unlikely to change in the short term, the report says.

There is an acceptance of the possibility that not everyone will agree with this assessment, but the Market Intelligence report insists that no one could argue with its assertion that “demand for leather for use in mass-manufactured consumer products has not increased in recent weeks”.

It points to global consumption being “considerably burdened” by inflation and says this particularly affects “goods that are not part of basic needs”. Another factor is that the pandemic policy in China is also putting a strain on global sales because China is “such a large and important consumer market”.

The upshot is a decline of between 10% and 20% in sales of leather “is probably not too far from the truth”, it concludes.

關於亞太區皮革展 ​

我們為皮革、物料及時裝業界創造面對面洽談的機會,爲客戶締造實質商機。我們雲集世界各地的商家,讓他們尋找新的合作伙伴,發掘潛在客戶或供應商,並掌握業界最新發展。

 

我們主辦多個專注時尚及生活潮流的商貿展覽會, 為這不斷變化的行業,提供最全面的買家及參展商服務,方便他們了解急速轉變的行業環境,並預測來季趨勢。

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