Home / Knowledge / News / APLF-SauerReport to address Hide Market Crash
APLF-SauerReport to address Hide Market Crash
Mar '09
These are challenging times for the Leather Industry.A chronic over-supply of raw materials is impacting dangerously on the market. The situation will likely get worse - certainly in the near future and likely in the medium to longer term.

The Hide Market Crash is the ripple effect of the global economic crisis: plummeting sales in the automobile and household furniture sectors, both big leather consumers, caused a radical decline in demand for animal skins. A similar trend followed in other leather articles like apparel, small leather goods and footwear.

What can be done to ameliorate the situation? theSauerReport is co-organising a brainstorming session with APLF, where top industry professionals will exchange ideas, experiences and solutions.

The seminar will address concerns such as:
- how the industry will deal with the lowest raw material prices ever seen
- what to do with the world-wide surplus of raw material
- how to resolve all the financial and contractual problems that the crisis has already caused
- how consumer demand will develop

The Hide Market Crash: Implications on the Leather Industry
This 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 may be 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," notes Ron Sauer, founder of theSauerReport.

Cattle hides, which are the source of 70% of global leather production, have lost about 50% of their value since October 2008. Tanners saw their orders reduced tremendously by the reduced demand for the final products.

Businesses now are trying to survive in midst of chaos. Orders were cancelled or renegotiated at much lower prices, shipments and payments were delayed, factories closed, workers made jobless, essential credits cancelled and reduced.

The leather industry is facing serious and dangerous challenges ahead. Isn't it time to address these problems together?

Seminar Information
When: Thursday, 2 April, 10:30am to 12:30pm
Where: Room 607 Hong Kong Convention and Exhibition Centre

Opening and introduction to today's problems and the objectives of the meeting by Ron Sauer of www.theSauerReport.com

View from China and the International Hide Skin and Leather Traders Association (ICHSLTA) by Mme. Zhang Shuhua, Chairman of the China Leather Industry Association (CLIA) and President of ICHSLTA.

View from the United States and what happened to the China/US hide market relationship by John Reddington, President of the US Hide, Skins and Leather Association.

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Courtesy: Global Denim Awards

Fashion | On 27th Oct 2016

Anbasja Blanken & Italian mill ITV Denim win GDA

Dutch designer Anbasja Blanken and Italian mill ITV Denim was the...

Interviews View All

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search