75% Micro
20% Small
4% Mid
1% Large
0% Mega
INSIGHTS - OCTOBER 2024
UK Leather Products Industry
UK Leather Products Industry Information
The leather industry involves the tanning, dyeing and processing of the raw or finished materials used to make leather goods, luggage, bags and shoes. It also includes the manufacture of imitation leather products.
Active Businesses
1,056
Annual Sales
£2bn +
Employees
8,127
Economic Contribution
£469m
Tags
Location of Leather Products Companies
Leather Products Companies by Size
Leather Products Companies by Age
27% Young
26% Startup
23% Mature
22% Established
1% New
Oldest Leather Products Companies
Established
Fastest Growing Leather Products Companies
35% Declining
26% Rapid
17% Healthy
16% High
6% Low
Fastest Growing Leather Products Companies
3yr CAGR
Leather Products Industry Competitive Environment - New Entrants vs Leavers
Leather Products Industry Valuation
EBITDA Multiple
Leather Products Industry Valuation
Turnover Multiple
Leather Products Industry Valuation
Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Manufacture of leather and related products Industry Insights
There are 1,056 active Businesses in the UK with combined annual sales of £2 billion .
The Industry employs around 8,127 people and contributes £469 million to the economy.
The most popular location for Leather Products companies is London with 354 and the fewest are located in Northern Ireland with 9.
The largest Leather Products company is New Balance Athletic Shoes (U.k.) Limited with a turnover of £882.2m. 75% of the industry is comprised of Micro companies with only 4% Mid companies.
22% of the Leather Products Industry is made up of 22% Established but the majority are Young businesses (27%) the oldest company is Thomas Ware & Sons Limited founded in 1890.
Leather Products industry has a number of high growth companies (16%), the fastest growing company is Samsonite Limited with a 3 year growth rate of 64%. Other fast growing companies include New Balance Athletic Shoes (U.k.) Limited (49%), J W Anderson Limited (25%) and Scottish Leather Group Operations Limited (18%).
The UK Leather Products Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 9.37x, Turnover multiple of 1.05x and a Net Asset multiple of 2.87x.
