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- Responsible sourcing and animal welfare commitments from major luxury manufacturers.
- Continued challenges in Argentina’s leather sector, including low cattle slaughter and rising hide prices.
- Increased pressure on tanneries facing weak automotive leather demand.
- Persistent stagnation in the North American hide market despite reduced cattle kill.
- Ongoing competitiveness concerns linked to high production costs and currency pressures.
- Wider structural shifts affecting global leather supply and quality.
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