Leather & Hide Tanning & Finishing (NAICS 3161) Industry Market Research Report

Leather & Hide Tanning & Finishing - Market Size and Forecast

The Leather and Hide Tanning and Finishing report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurementsincludes both public and private companies in the industry.

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
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)

Leather & Hide Tanning & Finishing Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

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

US Market Size by State

Distribution by Company Size

Company Size All Industries Leather & 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 Average Percent 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 Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 3%


General and Operations Managers 2%
Office and Administrative Support Occupations 13%
Installation, Maintenance, and Repair Occupations 5%
Production Occupations 60%
Supervisors of Production Workers 6%
First-Line Supervisors of Production and Operating Workers 6%
First-Line Supervisors of Production and Operating Workers 6%
Textile, Apparel, and Furnishings Workers 23%
Shoe and Leather Workers 18%
Shoe and Leather Workers and Repairers 18%
Other Production Occupations 30%
Cutting Workers 12%
Cutters and Trimmers, Hand 5%
Cutting and Slicing Machine Setters, Operators, and Tenders 7%
Miscellaneous Production Workers 11%
Helpers--Production Workers 6%
Transportation and Material Moving Occupations 13%
Material Moving Workers 11%
Laborers and Material Movers, Hand 9%
Machine Feeders and Offbearers 6%

Government Contracts

In 2008, the federal government spent a 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

Company Address Revenue
($ Millions)


Leather & Hide Tanning & Finishing Industry Report
Geography United States  
Publication Date May 2020
Report Format PDF Download  
Price $450