Leather Accessories are Adorning the World
04 Aug 2022
What are leather accessories?
Accessories are add-on wearables/carry-around items that augment your primary attire. Leather-made accessories have become a rage in the last few decades. Shoes, jewelery handbags, clutches, watch-straps, belts, jackets, backpacks, briefcases, wallets, and the list of popular
What are the trending leather business ideas?
There are numerous profitable ideas for the leather accessories business. As a new leather accessories manufacturer or an existing player looking to diversify, you can consider the following options:
Ladies' footwear: Style divas always look for trendy footwear which makes this segment perennially popular.
Leathercraft and home decor items: hair accessories, wall-hangings, tablet and book covers, key chains, belts, etc., are high-selling products.
Leather jewellery: Bracelets, earrings, bangles, necklaces, etc., made of leather, are fashion accessories in high demand globally.
Leather gloves and mittens: One hardly sees a motorbike advertisement without the lead character donning a pair of leather gloves. Mittens are also very popular.
Promotional accessories: Leather products have become attractive corporate gift items. Personalised products such as keychains, leather portfolios, bags, wallets, etc., are fast-moving promotional materials.
Watch-bands: This is essentially a B2B market product with an eternally high demand worldwide.
What is the size of the leather industry in India?
Leather has been a historically in-demand product in India. The early documented evidence of the usage of leather can be traced back to the Vedic period, around 3000 BC.
Nowadays, India is the second-largest exporter of leather garments and the fourth-largest exporter of leather goods globally. An estimated $1.29 billion worth of leather goods (excluding footwear) were exported from India in 2021-22, approximately a 36% growth from the previous year.
The total valuation of leather and leather products exported from India in 2021-22 stood at around $4.87 billion.
What are the growth drivers for the leather industry in India?
The key impetus for the leather industry comes from the following factors:
An abundance of high-quality hide from buffalos, sheep, and goats.
Availability of skilled labour
Good and supportive governmentt policies, such as Make in India
Strong export tie-ups
A robust domestic market
How can I find a suitable
leather accessories manufacturer
Industry Experts has a substantial list of empaneled leather fashion accessories manufacturers who can cater to your contract manufacturing needs. Our experts will guide you in liaisoning with the most suitable partner based on your business needs.
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