AUTOMOTIVE INTERIOR LEATHER MARKET ANALYSIS

Key Developments

• In August 2023, Katzkin Leather, a leading provider of premium automotive leather solutions, announced the acquisition of the assets of Roadwire Leather's business. This strategic move strengthens Katzkin's ability to serve its diverse customer base, ranging from original equipment manufacturers (OEMs) and dealerships to thousands of restylers, ultimately benefiting the millions of consumers who drive vehicles equipped with Katzkin's products.
• In December 2021, ILM created a unique virtual forum that brought together major players from all points along the automotive leather supply chain, with the goal of shedding light on the significant advancements as well as the long-term factors that will affect the industry in the years and months to come. The 2.5-hour online event featured high-caliber industry speakers and interactive features such as Q&As and panel discussions, providing invaluable perspectives and insights on the current state of the market, key challenges, and the future of the industry.
• In August 2020, Scottish Leather Group, the U.K.'s largest leather manufacturer, announced plans to open a new production facility for high-end car seat upholstery in Paisley, Renfrewshire. This strategic move was expected to create 100 skilled jobs, demonstrating the company's commitment to innovation and expansion within the leather manufacturing industry.