Bangladesh Tannery & Footwear Industry Review

Leather & Leather Products industry is export oriented while both domestic & export demand drives footwear industry.

The amount of leather produced each year is 350 million Sq. ft.1 Out of the total leather production, 20-25 percent is used to meet the domestic demand while the rest is exported. In the footwear industry, Bangladesh produces 378 million pairs of shoes (all forms of footwear along with leather is included) each year. Bangladesh currently stands at 8th position in the global footwear market in terms of production volume.

The domestic market size of footwear is around TK 170 billion. Domestic demand for footwear industry is around 200 to 250 million pairs a year.3 Out of the total domestic demand, approximately 24 million pairs were imported in FY’2016-17.4 In 2018-19, Bangladesh had exported $607.88 million worth of leather footwear and $271.53 million worth of non-leather footwear. Global footwear market was valued at $246 billion in 2017 and is expected to reach a valuation of $320 billion by 2021. There are currently 220 tanneries, 2,500 manufacturing units and 90 larger firms operating in Bangladesh.

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