Leather Dyes Market Analysis, Industry Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2018 to 2023

Global Leather Dyes Market – Regional Analysis

The Asia Pacific is the largest market leather dyes owing to some of the well-developed industries in the region such as automotive, footwear, and furnishing. India, Japan, and China are the leading markets in this region on account of increasing investment in major end-uses of leather.

Also, cities considered as fashion capitals such as Mumbai (India) and Paris (France) account as the major contributors to the market growth attributing to the presence of burgeoning fashion industry in their province that uses leather clothing, and other accessories extensively.

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Europe follows the Asia Pacific in terms of market size in the global leather dyes market. Major contributors to the growth of Europe are the UK, France, Germany, and Italy. Growing use in footwear and accessories along with some of the major consumers of leather such as the aerospace and automotive industry in this region is driving the growth of the regional market.

North America accounts for one of the promising markets for leather dyes, following the Europe market closely. The US is the largest market in this region owing to the presence of well-established end-use industries of leather such as automotive, aerospace and the sports industry. In the US there is a constant rise in the reconstruction and household revamping activities intended to build sustainable and attractive homes. This is expected to favor the market for Leather Dyes in the region.

Latin America is witnessing a steady growth of end-user industries in countries namely Brazil and Argentina. The appeasing political and economic scenario in the province would push the market growth forward. In coming years the opportunities for the Middle East & Africa may join the stream with the leading regions due to emerging end-use industries such as furnishing, interior decoration, and sports, which will propel the growth of the regional market.

Global Leather Dyes Market – Competitive Analysis

The Global Leather Dyes Market appears to be highly competitive and diversified with the presence of many well-established players having the regional and global presence. Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players operating in the market.

Given the tighter regulations being introduced to protect human health and the environment, manufacturers of Leather Dyes are trying to address the issue by introducing effective chemical control systems into their settings. These manufacturers can improve profitability through chemical flow management by reducing the use of restricted hazardous substances. They should find ways to control levels of restricted chemicals used in their set-ups. However, they are finding the process of testing end products to assessing input chemicals easier and advantageous.

Industry/ Innovation/ Related News:

June 05, 2018 – Hugo Boss AG, (Germany), a luxury fashion house and a fashion magnet launched its new 100% vegan, shoe, doubling down on its sustainable fashion initiative. These Menswear shoes are fabricated using Piñatex, a natural-based material made from pineapple leaf fibers and are colored with natural plant-based dyes.

July 02, 2018 – Tandy Leather Factory, Inc. (US), a specialty retailer of a broad product line including leather, leatherworking tools, such as leather dyes and finishes and do-it-yourself kits announced the opening of its new store in Austin in Texas, bringing its total number of stores to 120 globally. The company has taken this expansion decision based on the growing demand for leather-based products and believes that since the new store is located in a bustling shopping center, will allow the company to expand the customer base, growing continuously.

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