The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising demand for leather is likely to spur innovation in skin and hide production, propelling the market throughout the forecast period.

The global skin and hide market is expected to grow from $121.45 billion in 2022 to $131.47 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The global skin and hide market size is expected to reach $173.96 billion in 2027 at a CAGR of 7.3%.

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Global Skin And Hide Market Segments Include:

• By Products: Cattle Hides, Buffalo Hides, Horse Hides
• By Type: Natural, Artificial
• By Application: Household, Commercial
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global skin and hide market in 2021.

Major Market Players in the skin and hide market include Norilia Nordic, Sanimax, Texpac Hide & Skin Ltd., AI Bravo Leather Industries, J & E Sedgwick & Co., OZ-YUKSEL Leather Company, JBS Couros, Koktaslar Leather, Siddiq Leather Works Pvt. Tannery.

The primary trend gaining traction in the skin and hide market is a technological improvement. To maintain their market position, major players in the skin and hide market are concentrating on implementing innovative technologies. For example, in May 2021, ECCO, a Danish company that provides high-quality leathers and innovative technology, will launch DriTan 2.0 technology, a stage in the leather tanning process that yields measurable improvements in all relevant metrics, such as water and energy use, chemicals, wastewater, and sludge. DriTan 2.0 technology is unique in that it allows ECCO to use less energy while using fewer chemicals. With the introduction of DriTan 2.0, ECCO promotes a principle that recognises the importance of the world’s pure natural resources and uses only what is required to produce high-quality leathers.

The Skin And Hide Global Market Report 2023  provides a skin and hide market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The skin and hide market forecast analyzes skin and hide market size, skin and hide market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A skin or hide is the skin of an animal that has been dried or tanned for human use. Skin is the outer covering of small animals such as deer and goats, whereas hide is the outer covering of large animals such as cattle and other large mammals. It is used to make a wide range of products, including clothing, culinary equipment, storage containers, and many others.

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