The latest issue of the exclusive leather market report warned that the “next major consumer problem” facing the leather industry is likely to come from the automotive industry. Since leather has lost a significant share of the footwear market, the automotive industry is seen by many as the last safe haven for leather. However, this report released worrying news. The report pointed out that the data showed that car sales and production fell by one digit.
The report said that the decline in leather consumption is far greater than the decline in production, the report expressed doubts about the recovery of automotive leather demand. The use of leather in automotive interiors is declining and the amount of leather used per vehicle is also decreasing.
The report pointed out that one of the reasons for this decline is that car manufacturers are attracted by the production benefits of leather substitutes, and that ordinary consumers are no longer interested in leather seats, but prefer to pay attention to the car. “Electronic products.”