Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Product (Chromium Hydroxide Sulfate, Other), By Applications (Cowhide, Sheepskin, Other) And Competitive Landscape
Product Code: ETC399602 | Publication Date: Aug 2022 | Updated Date: Apr 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
The Latin America Tanning Agents Market report thoroughly covers the market by country, type, and application. The Latin America Tanning Agents Market report provides an unbiased and detailed analysis of the ongoing Latin America Tanning Agents Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Latin America Tanning Agents Market is anticipated to grow faster during the forecast period attributed to expansion in demand for leather goods, rise in the automotive sector and the rise in per capita income. The sector is experiencing growth and it will keep experiencing significant growth in the future.
According to 6Wresearch, Latin America Tanning Agents Market size is projected to grow during 2021-2027. There is a major increase in demand for leather goods in the region with the growth in the automotive sector and luxury goods. There is a rise in per capita income of people across the region and people now spend more on luxury and premium products, which is further boosting the Latin America Tanning Agents Market Share. The continent is likely to witness major growth in demand for natural and eco-friendly products. Rising preferences for home-use tanning products are also fueling the growth of the sector. There is a rise in the number of women who work and there is a preference for easy and quick methods for self-tanning, which in turn, is enabling the market to rise more. Growing awareness regarding the damaging effects of UV radiation is also fueling the growth of the market in the region. The competition in the sector is intense which can become more intense in the coming years as opportunities are growing in the market.
A number of markets in the world affected by the pandemic in both positive as well as negative manners. The closure of tanneries and disruptions to the supply chain affected the Latin America Tanning Agents Market Growth negatively. On the contrary, there was a rise in demand for leather products. The restriction on movement and closure of tanneries led to disruptions in supply chains. The border closures and lockdowns made it hard for manufacturers to distribute finished products and source raw materials. In addition, a number of tanneries closed temporarily, which led to a decline in demand for tanning agents.
The competition in the sector is intense which can become more intense in the coming years as opportunities are growing in the market. Some market leaders that are stimulating growth in Tanning Agents Market in Latin America are:
On the basis of countries, the Latin America Tanning Agents Industry is classified into Brazil, Mexico, Argentina, and the Rest Of Latin America. Brazil accounts for the highest share of the overall market owing to rising demand from many end-use industries like automotive & transportation, furniture & upholstery, leather goods & footwear, and many more.
According to Ravi Bhandari, Research Head, 6Wresearch, the leather tanning application segment is the fastest-growing segment and is projected to dominate the market in the near future. Many materials are used in the leather’s tanning process which includes aluminium, iron, chromium, titanium, etc.
The report offers a comprehensive study of the subsequent market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latin America Chrome Tanning Materials Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Chrome Tanning Materials Market Revenues & Volume, 2020 & 2027F |
3.3 Latin America Chrome Tanning Materials Market - Industry Life Cycle |
3.4 Latin America Chrome Tanning Materials Market - Porter's Five Forces |
3.5 Latin America Chrome Tanning Materials Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Latin America Chrome Tanning Materials Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.7 Latin America Chrome Tanning Materials Market Revenues & Volume Share, By Applications, 2020 & 2027F |
4 Latin America Chrome Tanning Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Chrome Tanning Materials Market Trends |
6 Latin America Chrome Tanning Materials Market, 2017 - 2027 |
6.1 Latin America Chrome Tanning Materials Market, Revenues & Volume, By Product, 2017 - 2027 |
6.2 Latin America Chrome Tanning Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
7 Brazil Chrome Tanning Materials Market, 2017 - 2027 |
7.1 Brazil Chrome Tanning Materials Market, Revenues & Volume, By Product, 2017 - 2027 |
7.2 Brazil Chrome Tanning Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
8 Mexico Chrome Tanning Materials Market, 2017 - 2027 |
8.1 Mexico Chrome Tanning Materials Market, Revenues & Volume, By Product, 2017 - 2027 |
8.2 Mexico Chrome Tanning Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
9 Argentina Chrome Tanning Materials Market, 2017 - 2027 |
9.1 Argentina Chrome Tanning Materials Market, Revenues & Volume, By Product, 2017 - 2027 |
9.2 Argentina Chrome Tanning Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
10 Rest of Latin America Chrome Tanning Materials Market, 2017 - 2027 |
10.1 Rest of Latin America Chrome Tanning Materials Market, Revenues & Volume, By Product, 2017 - 2027 |
10.2 Rest of Latin America Chrome Tanning Materials Market, Revenues & Volume, By Applications, 2017 - 2027 |
11 Latin America Chrome Tanning Materials Market Key Performance Indicators |
12 Latin America Chrome Tanning Materials Market - Opportunity Assessment |
12.1 Latin America Chrome Tanning Materials Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Latin America Chrome Tanning Materials Market Opportunity Assessment, By Product, 2020 & 2027F |
12.3 Latin America Chrome Tanning Materials Market Opportunity Assessment, By Applications, 2020 & 2027F |
13 Latin America Chrome Tanning Materials Market - Competitive Landscape |
13.1 Latin America Chrome Tanning Materials Market Revenue Share, By Companies, 2020 |
13.2 Latin America Chrome Tanning Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |