The leather industry is currently in a critical period of stable overall volume, structural upgrading, and green and intelligent transformation. It is under short-term pressure but improving in the long run. The growth momentum has shifted from scale expansion to the three major engines of green materials, high-end domestic demand, and automotive/new energy scenarios.

The industry bids farewell to rapid expansion and enters a new stage of high-quality development. Short term pains (environmental protection, cost, substitution), in the long run, green materials, technological innovation, brand upgrading, and scene expansion are clearly driven, and the prospects are still broad.

Enterprise suggestion:

Prioritize the layout of chrome free tanning and bio based materials to seize the green track.

Deeply cultivate high value-added fields such as automotive interiors and high-end luggage.

Accelerate digital transformation, establish traceability system, and enhance brand trust.

Explore cultural IP and create differentiated local high-end brands.