Market Intelligence: heavy burden for leather industry
The latest edition of our exclusive Leatherbiz Market Intelligence report became available to subscribers on November 1.
We learned from the report that the consequences of the war in Ukraine, inflation and a fall in sales of consumer products, are proving a heavy burden to bear for the leather industry.
There were clear signs of post-pandemic recovery in 2021, but things are complicated again owing to high levels of inventory and unpredictable consumer demand.
“It must be assumed that not everyone in the leather industry can survive these difficulties,” the report warns.