Bangladesh: The Export Of Artificial Leather Shoes Reaches US $171 Million 570 Thousand.

According to the employees' reaction, The People's Republic of Bangladesh The shoes made of non leather leather materials are low in price and good in quality. Bangladesh has supplied many leading retailers worldwide including H&M, Decathlon, Kappa, sage, Fila and Puma. Gym shoes Sandals, flat bottomed flip flops and boots.

According to the November 19th report, according to the Bangladesh Export Promotion Bureau, the last financial year, Artificial leather The footwear industry exports amounted to US $171 million 570 thousand, accounting for 13.3% of the total export of leather industry.

Between July and October this year, the export of artificial leather footwear increased by 11.7% compared to the same period last year, with an export volume of US $58 million 400 thousand.

M Abu Taher, chairman of Fortuna Leather Technology Co., Ltd. said that global retailers are buying artificial leather from Bangladesh because of rising production costs in China. Fortuna has established an independent department specializing in the production of PU (polyurethane leather) leather shoes, and now has exported 700 thousand pairs of leather shoes to H&M. 800 thousand more pairs will be shipped in March next year.

He said PU skin is an artificial material that looks similar to the real leather, but the price is less than 1/3 of the genuine leather. The cost of a pair of PU shoes is 3.2 dollars, while the cost of leather shoes is about $9. Similarly, the cost of a pair of PU boots is 10 dollars, while the cost of leather shoes is 30 dollars.

Tahir, President of Bangladesh's finished leather, leather goods and footwear Exporters Association, also said he was planning to let his company workers work night shifts to meet the huge demand of this non-traditional footwear. He said another reason for the rapid rise in demand for such shoes is that the number of unqualified products in the leather factories is too high, leading to an increase in non leather production.

Karnaphuli Shoes Co., Ltd., a Korean group under Youngone, is a company that produces canvas shoes and sports shoes, and also witnessed the growth of non leather leather footwear industry. An unnamed executive told the media that the company exported 60000-70000 such shoes to Decathlon, The North Face and Puma every week.

Maf Shoes is another leading manufacturer of artificial leather shoes, producing 5000 pairs of shoes a day. The company's product development manager, Md Mostafizur Rahman, said the company witnessed a huge increase in the export of non leather leather footwear.

Since last year, the company's shoe orders have doubled, Decathlon and H&M are the biggest buyers, and there are many orders from Kappa, Skechers and Fila.

Considering the huge growth potential, the EPA has also started to separate statistics on the export of artificial leather footwear since the current financial year.

According to the EPA statistics, the export volume of leather industry reached a record $1 billion 290 million in the last fiscal year, an increase of 32.12% over the same period last year.

According to industry sources, 60% of them are exported to the European Union, 30% are exported to Japan, and the remaining 30% are exported to other parts of the world.