• Categories:Trade News
• Time of issue:2022-06-21 20:06
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(Summary description)China Leather Association News (compilation: Ran Fulin) The latest leather market research of Pipeline bluntly reminds people in the leather industry in the report that they must acknowledge the latest changes in the relationship between raw leather supply, tanning and finished leather demand. This change is no longer ours. Familiar with the slaughter and leather industry cycle changes.

The author stated in the report that in the past, the trade cycle was affected by the economic cycle. If prices rise, demand will decrease, and if prices are competitive, demand will increase accordingly. The economy improves, demand increases, the economy declines, and demand declines. This is in line with the theory of supply and demand, and is a normal and natural market law.

However, the report also pointed out that the current changes in the leather industry are increasingly deviating from this market law. The report said that in the past, the use and consumption of leather decreased, such as leather clothing and luggage, and it was easy to expand consumer demand from emerging markets and the automotive leather market. The increase in consumption is compensated, but this scenario has reached its climax in 2015. We must accept this change. Brands and manufacturers' response to increased demand has led chemical and consumer goods manufacturers to consider alternative materials. All these changes are supported by automated production, shortened product cycles, changes in retail structure, and global consumer markets.

But the report concluded at the end that the leather material will never disappear, but its demand cannot exceed its supply of raw leather.