2024 Leather & Hide Tanning & Finishing Industry Statistics Report

Leather & Hide Tanning & Finishing - Market Size and Industry Forecast

The 2024 Leather and Hide Tanning and Finishing Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Leather & Hide Tanning & Finishing industry.

Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Leather & Hide Tanning & Finishing - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Leather & Hide Tanning & Finishing companies in the United States.

Leather & Hide Tanning & Finishing Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesLeather & Hide Tanning & Finishing
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Leather & Hide Tanning & Finishing - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Leather & Hide Tanning & Finishing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Leather & Hide Tanning & Finishing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%


General and Operations Managers2%
Office and Administrative Support Occupations13%
Installation, Maintenance, and Repair Occupations5%
Production Occupations60%
Supervisors of Production Workers6%
First-Line Supervisors of Production and Operating Workers6%
First-Line Supervisors of Production and Operating Workers6%
Textile, Apparel, and Furnishings Workers23%
Shoe and Leather Workers18%
Shoe and Leather Workers and Repairers18%
Other Production Occupations30%
Cutting Workers12%
Cutters and Trimmers, Hand5%
Cutting and Slicing Machine Setters, Operators, and Tenders7%
Miscellaneous Production Workers11%
Helpers--Production Workers6%
Transportation and Material Moving Occupations13%
Material Moving Workers11%
Laborers and Material Movers, Hand9%
Machine Feeders and Offbearers6%

Government Contracts

In the past, the federal government spent an annual total of $1,331,462 on the leather & hide tanning & finishing industry. It has awarded 55 contracts to 7 companies, with an average value of $190,209 per company.

Leather & Hide Tanning & Finishing and Adjacent Industries - Top Companies

($ Millions)


Leather & Hide Tanning & Finishing Industry Research
GeographyUnited States  
Publication DateMay 2024
Report FormatPDF Download  PDF

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