Leather Footwear Exports
Export of leather footwear & leather products from India, is very lucrative business. I regularly receive inquiry from people who want to Start Export Business from India & Companies who want to diversify in New product for export. In this blog you will get to know global export market of leather products, Export market research for leather footwear as well as List of Countries for exporting footwear and exporting leather products from India. Major market for footwear export, Which are countries importing maximum footwear and so on.
I have thus made a detailed analysis of export market from India. Working as Export Consultant in India and guiding industries to develop export business from India. I have done detail export market research on various products like Export potential for machinery exports, Hardware export from India, Ceramic tile exports, potential for Indian Handicraft export business, Global water pumps importer from India, Irrigation equipment export data, Agriculture equipment exports, Casting Exports from india and so on. You can ask me in comment section for the detail analysis.
Market research on Export of Indian Leather product & footwear:
India is country of 1.3 billion people, 2nd largest populous country in the world. So it comes to no surprise that it is also 2nd largest market for footwear in world. During my research as Export consultant for leather footwear export from India, I could know that India is also 2nd largest producer of leather footwear in world. Out of Total Global Leather footwear production 13% is produced by India. India manufactured 2290 Million pair of leather footwear in 2018, still Imported footwear volume has been growing consistently.
Non Leather Footwear market is $35billion with over 1.28 billion pair of which 58% is male footwear.
From total Footwear Imports by India, 65% of imports of footwear is from China and it has increased by 295% in last 5 years. Government of India has thus imposed additional custom duty to support Indian leather industry.
Leather export data :
Leather export from India which include footwear export data, Leather garment export data is as follows :
Total Leather exports from India stood at USD 2.27 Billion ($ 277Cr) during April -Aug 2019.
- Export of Leather products to USA (16.73%)
- Export of Leather products to Germany (12.31%)
- Export of Leather products to UK (11.41%)
- Export of Leather products to Italy (7.88%)
- Export of Leather products to France (5.54%)
- Leather footwear Components export $115.19 Million
- Leather garment exports $190.07 Million
- Finished Leather exports $237.69 Million
- Leather footwear $937.13 Million
- Leather goods $594.37 Million
Country Importing Leather & Leather Products from India.
You will now get details of which countries import maximum Leather Footwear from India and Best country for Export of Leather product from India. so Read till end.
Indian leather industry generate employment to 1.1 million people. There are more than 15,000+ footwear manufacturers in India. The footwear industry in India is largely unorganized sector. Now with incentive for leather industry from Government of India, many modern Leather processing machines are being installed for mass production of leather footwear and leather garments.
Indian leather footwear export is worldwide. Value wise Export of Leather footwear to USA was 18.9% while Export of Leather footwear to UK was 11%. However, major volume of Export of footwear from India is to UAE, Leather Slippers is to Oman and Leather footwear export to Saudi Arabia.
As per my export market research, Export of leather footwear to USA, Export of leather footwear to UK and developing countries are for High Value, Export of premium footwear and Export of Leather hide and Finished Leather raw material.3 Tips to successfully export leather products from India.
1. Design & Development
2.Branding
- Branding gives a Recall Value. ( Your customer / Importer will come back to you looking for brand)
- Customer loyalty.
- Reduce dependency on retailer / Importer.
- Your brand will create its value.
- Branded product will give 5 to 10% higher price than jobwork / OEM.
3. Automation & Quality consistency :
Benefit of footwear export from India
- Special higher incentive for footwear export from government of India (All leather products)
- Secure payment & Advance payment against long credit term in India market.
- Low interest finance for export order under Packing credit, Post shipment credit etc.
- EPCG : You can import modern machine for footwear production with out import duty.
- Balance in business and consistency in order flow.
- Big quantity order for same design, so you can invest in automatic machine, reduce cost by mass production.
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