Bangladesh leather products - An Introduction

Bangladesh Leather Products industry

On the verge of immense growth possibilities

www.bdtdc.com© 2016 Bangladesh Trade Development Council. All Rights Reserved.

Bangladesh Leather Products :An Introduction

• The extremely advantageous leather sector creating quality Bangladesh leather products, under advancing worldwide examination concerning hazardous environmental practices, gives off an impression of being propped towards new improvement at present as a huge normal overhaul approaches conclusion.

• In any case, an advanced industrial field and a C.E.T.P. (i.e. Central Effluent Treatment Plant) along the edges of the city are suspecting a characteristic flip-slump that has quieted international criticism worldwide and began a new money involving vision.


http://www.bdtdc.com/bangladesh-leather-products/18/2

Bangladesh leather Products:Growth in terms of exports

• In an interesting manner, on account of Bangladeshi leather product exporters, the leather sector in Bangladesh has surpassed the 1 billion USD mark as far as the annual exports are concerned with regards to the initial time.

• The joined annual development of Bangladeshi leather products with respect to the previous five years was over 25 percent and there are signs in front that the business is proceeding ahead to high value-combined generation, more widened export marketplaces, and fresh creative things.


Bangladesh Leather Products :What do Business Insiders agree on?

• Export makers have been sulky to wander past Bangladesh RMG (Readymade garments), nevertheless with the thought from policymakers at a more prominent degree and in addition to an upgraded biological image all around, the leather sector appears to be set up to adjust this.

• Industry insiders and policymakers agree that the relocation of leather mills producing Bangladeshi leather products with respect to the natural consistence has been a basic stimulus. The Asia Foundation has maintained the development since the year 2012, working closely with two basic leather associations and the Ministry of Industries keeping in mind of the end goal to build up an arrangement of reformers who have started the natural consistence design.


http://www.bdtdc.com/bangladesh-rmg





Bangladesh Leather products:What changes have been made?

• A solitary indication of the essential modifications inside the leather sector that have been enlivened by the reforming is the switching make-up of exports in the midst of three characterization of things.

• They are: finished Bangladeshi leather products, leather and footwear. 62 percent of every single export benefits out of the sector started out of finished leather back in the year 2008. Nonetheless, inside 2014, such degree had fallen down to 39 percent as the salary took off up inside the high value-comprised categorization of leather wares and footwear.


statistics In terms of exports ofBangladesh Leather products

• The picture support from the leather sector’s ecological alterations may also have spread out doors with respect to the bound together sectors. At present moment, Bangladesh creates items, for instance, fabric-based footwear with respect to international traders including H&M, Kappa, Fila, Puma and so on.

• As expressed by the Export Promotion Bureau, exports of non-leather footwear had hit 171.57 million USD in the past fiscal year.

• Positive impression of the Bangladesh leather goods business' advancement, and its evolving intensity inside the conveying world-class products, are beginning to attract a licit interest of outside speculators. No under 51 foreign organizations have stated their curiosity as to setting up joint-venture footwear ventures inside Bangladesh.


What’s Next forBangladeshi Leather Products?

• An individual Chinese-Bangladeshi joint-venture outlines to put 21.5 million USD inside other footwear manufactory that will use more than 3,000 specialists.

• Industry insiders have evaluated that the workforce inside footwear and finished items could heighten twofold after the tannery resettlement. Female laborers specifically will profit, as they constitute approximately 70% of the workforce inside these product characterizations.

• With new potential monetary outcomes as to city-conceived and regional ladies, the leather products in Bangladesh sector should emphatically influence the social progression markers.


Thank You!


Bangladesh leather products - An Introduction

Business

Transcript of Bangladesh leather products - An Introduction