26 January 2023

The latest in our Leatherbiz Market Intelligence series of newsletter went live in the Intelligence section of the website on January 24.

With the Lunar New Year holiday following so closely after Christmas this year, our report suggests that the leather pipeline has still to get going properly in 2023. As we have said before, though, a lot is riding on a potential recovery in China.

Elsewhere, automotive is ticking along, with leather doing reasonably well, but only at the higher end. Furniture is slow because of a downturn in property sales and because, after two strong years (boosted by people having to spend more time than usual at home during covid lockdowns), the need for new furniture is lower than usual.

In footwear, meanwhile, the report says that many major sports and casual shoe brands have decided to stop using leather, more or less, by 2025. At the commodity end of the shoe market, leather could scarcely be more affordable than it is today. If the low prices of the current market are not enough to bring footwear companies back to leather, it is difficult to know what will.

This brings us back to China. For there to be any hope of a boost for the leather sector in 2023, Chinese consumers will have to return to the market with a high level of enthusiasm following their delayed release from covid restrictions. Only after their New Year holiday will it become clear if the prospects for this are good.

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。

 

亞太區皮革展遵循英富曼的 Informa AllSecure 規定,提高新冠肺炎疫情後活動之健康和安全標準。

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