Global Leather Industry Leaders to Meet at Forthcoming APLF Fair to address Hide Market Crash
The result: a chronic surplus of hides, triggering a host of other problems including the dwindling value of raw materials as well as financial and contractual changes.
In light of the current and impending challenges, trade fair organiser
The seminar, entitled The Future of the Raw Hides Market and Impact on the
Leather Industry, will bring together top industry professionals from the US,
With no indication market recovery in sight, current challenges the Leather Industry are expected to continue, even amplify, in the near future. And, experts predict that the situation today will greatly impact the medium to long-term future of the leather business.
Mr. Sauer explained: "The primary cause of the problem of today is disparity in supply and demand. Hides and skins are available in only very slightly lower numbers but demand for leather is down as much as 30-40% over all".
"The leather industry has no control over the supply of its raw material. As long as there is a demand for meat - and there is, in spite of the crisis- its by-product, hides and skins, keep coming in hundreds of thousands, every day," he added.
Show and Seminar Information
The APLF Materials, Manufacturing & Technology exhibition is held from
The Future of the Raw Hides Market and Impact on the Leather Industry
seminar, moderated by
Confirmed speakers include -- CHINA: Zhang Shuhua, President of the International Hide Skin and Leather Traders Association (ICHSLTA) and Chairman of the China Leather Industry Association (CLIA) -- US: John Reddington, President of the US Hide, Skins and Leather Association -- BRAZIL: Luis Bittencourt, Center of the Brazilean Leather Industry President -- INDIA: Dr. Zackria Sait, Chairman of the Indian Finished Leather Manufacturers Association
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SOURCE APLF Limited