NAICS 31611 - Leather and Hide Tanning and Finishing
This industry comprises establishments primarily engaged in one or more of the following: (1) tanning, currying, and finishing hides and skins; (2) having others process hides and skins on a contract basis; and (3) dyeing or dressing furs.
Industry trends:
The Leather and Hide Tanning and Finishing industry, classified under NAICS 31611, has been experiencing significant shifts due to technological advances, changing consumer preferences, and evolving sustainability trends. One of the most notable trends is the increasing demand for sustainable and ethically sourced leather products. Consumers and brands alike are becoming more conscious of the environmental impact, driving the industry to adopt eco-friendly tanning processes and reduce chemical usage. Developments in alternative tanning methods, like vegetable tanning or innovative biotech solutions, are gaining traction.
Another key trend is the integration of digital technology in the manufacturing process. Smart factory initiatives with automated systems and AI-driven quality control are being implemented to enhance efficiency and product consistency. These technologies help in reducing waste and energy consumption, aligning with the broader sustainability goals.
Furthermore, the luxury market continues to play a pivotal role in the industry's growth. High-end brands are leveraging advanced finishing techniques to deliver superior product quality, catering to discerning consumers. Customization and personalized leather goods are also gaining popularity, driven by consumer demand for unique products.
Looking ahead, the industry is forecasted to witness moderate growth in the near future, with sustainability and technology being crucial drivers. Companies that embrace innovative and sustainable practices are expected to gain a competitive edge. Additionally, the resurgence of demand for premium leather products in emerging markets presents new growth opportunities.
The industry must remain agile to adapt to regulatory changes and shifting market dynamics. Overall, the focus on sustainability, technology adoption, and consumer-centric strategies will shape the Leather and Hide Tanning and Finishing industry in the coming years.
This industry is comprised of:
Bag leather manufacturing
Belting butts, curried or rough, manufacturing
Belting leather, manufacturing
Bookbinder's leather manufacturing
Bridle leather manufacturing
Buffings, russet, manufacturing
Case leather manufacturing
Chamois leather manufacturing
Collar leather, manufacturing
Coloring leather
Convertors, leather
Currying furs
Currying leather
Cutting of leather
Dressing (i.e., bleaching, blending, currying, scraping, tanning) furs
Dressing hides
Dyeing furs
Dyeing leather
Embossing leather
Exotic leathers manufacturing
Fancy leathers manufacturing
Finishing hides and skins on a contract basis
Finishing leather
Fleshers, leather (i.e., flesh side of split leather), manufacturing
Fur stripping
Furs, dressed (e.g., bleached, curried, dyed, scraped, tanned), manufacturing
Garment leather manufacturing
Glove leather manufacturing
Handbag leather manufacturing
Harness leather manufacturing
Hides and skins, finishing on a contract basis
Hides, tanning, currying, dressing, and finishing
Japanning of leather
Lace leather manufacturing
Latigo leather manufacturing
Leather coloring, cutting, embossing, and japanning
Leather converters
Leather tanning, currying, and finishing
Lining leather manufacturing
Mechanical leather manufacturing
Parchment leather manufacturing
Patent leather manufacturing
Pelts bleaching, currying, dyeing, scraping, and tanning
Rawhide manufacturing
Roller leather manufacturing
Saddlery leather manufacturing
Shearling (i.e., prepared sheepskin) manufacturing
Skins, tanning, currying and finishing
Skirting leather manufacturing
Skivers, leather, manufacturing
Sole leather manufacturing
Specialty leathers manufacturing
Splits, leather, manufacturing
Strap leather manufacturing
Sweatband leather manufacturing
Tannery leather manufacturing
Tanning and currying furs
Upholstery leather manufacturing
Upper leather manufacturing
Vellum leather manufacturing
Welting leather manufacturing
Wet blues manufacturing
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