2025 FORECASTS
Published: 22nd Nov 2024
By common consent, 2024 has been a difficult year for almost all businesses, organisations, government departments and people in the SA leather value chain. The main exceptions would have been successful exporters, because the domestic market has been getting poorer year after year. The underlying reasons are mostly to do with the policies and performance of domestic government. The many global problems have lesser or less direct impacts – except for shipping issues from China, which have a very direct impact.
However, there are some signs that 2025 could be better, our respondents say…
- SAFLIA: Hopefully the slide will be reversed
Durban, KZN, SA – My forecast for 2024 is that production will be 12.5% down on last year. Meaning 41,690,000 pairs.The last time we saw such low volumes was in 2007.My forecast for next year is that production will be stabilised at the same level as this year – let’s say 42,000,000 pairs. However, with some serious inte ...moreThe Road Ahead: A forecast for South Africa’s footwear and leather goods industries
Durban, KZN, SA – The South African footwear and leather goods industries are navigating a challenging yet potentially transformative period. Shaped by a mix of longstanding hurdles and emerging opportunities, their future remains uncertain as the global market continues to shift rapidly in the wake of COVID-19. While difficulties p ...moreAMSA: ‘Perturbing trend’ in imports
Durban, KZN, SA – As the economy still seems to be precariously poised due to various exogenous variables, I remain very cautious about looking into the future.The formal sector of the economy has not fared well in terms of employment as measured by Clothing Industry Bargaining Council figures (see attached chart).It appears that th ...moreNCRF: ‘A very complicated stew’
Cape Town, W. Cape, SA – The NCRF has 10 members with very different approaches to all sorts of things, so a forecast is difficult.We’re keeping an eye on factors including reduced interest rates, the two-pot retirement system, and political outcomes, and there is a degree of optimism, but I’m not willing to attach any f ...more
Footwear Industry Articles
- Global footwear trends and the impact of evolving consumer behaviour on exportsSponsored by the SA Footwear & Leather Export Council (SAFLEC).The worldwide footwear sector is experiencing notable changes driven by technology advancements, evolving fashion trends, and shifting consumer preferences. Below are the significant trends and shifts in consumer purchasing habits.Current Trends in Footwear1. Emphasis on s ...moreAI is putting an end to counterfeit sneakers
Osmo’s AI-powered scent authentication machine in action, revolutionizing the fight against counterfeit sneakers by detecting unique chemical profiles with remarkable precision.As the sneaker resale market continues to boom, counterfeit goods remain a persistent concern for both luxury and mass-market brands. Counterfeiters have bec ...moreNCRF: ‘A very complicated stew’Cape Town, W. Cape, SA – The NCRF has 10 members with very different approaches to all sorts of things, so a forecast is difficult.We’re keeping an eye on factors including reduced interest rates, the two-pot retirement system, and political outcomes, and there is a degree of optimism, but I’m not willing to attach any f ...more
Leather Industry Articles
- Update on FMD in SA: 4 provinces declared free from foot and mouth disease outbreaks
Pretoria, Gauteng, SA (25 October 2024) – The Department of Agriculture has announced that the Foot and Mouth Disease (FMD) outbreak, which occurred during 2021-2022, has been successfully resolved in the North West, Free State, Gauteng, and Mpumalanga Provinces. These provinces, which were initially impacted by the outbreak, have n ...moreA cost-effective method of reducing loose grain damage during the bating process
IntroductionEnzymatic bating is an important part of the leather making process. Bating enzymes help remove unwanted skin components from the hide structure, as well as any scud present on the grain layer. Good bating leads to clean, soft leather. Under bating results in poor removal of unwanted skin components, and a firmer crust leather ...moreSam Setter's 'Pills': For readers who need some wry medicinal humourIt’s the middle-class market, not the rich, where the real money isAlthough I fully realise that luxury is a very important factor for the leather industry, I believe that we focus too much on this particular sector, and forget the day-to-day use of leather. There aren’t too many people who can afford a €100 000 bag, a &e ...more
PPE Industry Articles
- Automatic image recognition to identify types of wood: Harnessing AI to fight global deforestation
Kaiserslautern, Germany (02 September 2024) – The new European Deforestation Regulation (EUDR) is intended to prevent goods marketed in the EU from contributing to the spread of deforestation. When a wood product is brought into the EU market, for example, there must be documentation of which types of wood were used to produce it, a ...moreFlexible epoxy coating provides modular constructions with hours of fire protection
Pittsburgh, PA, USA – PPG’s Steelguard 951 epoxy intumescent fire protection coating is designed for advanced – read high value – manufacturing facilities, including semiconductor plants, electric vehicle battery facilities, data centres and other commercial infrastructure.It provides up to 4 hours of fire protecti ...moreCircular economy: Fungal mycelium as the basis for sustainable products
Potsdam, Germany (02 September 2024) – Fungi have more to offer than meets the eye. Their thread-like cells, which grow extensively and out of sight underground like a network of roots, offer huge potential for producing sustainable, biodegradable materials. Researchers at the Fraunhofer Institute for Applied Polymer Research IAP in ...more
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