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Bangladesh Tanneries

The second largest export earner after RMG, the leather and leather products sector has received considerable investment in recent years due to its comparative labor source and domestic production of sustainable raw materials. Bangladesh leather industry is well established and ranked second in terms of export earnings. Because of its high value addition, huge growth and employment opportunities, leather sector has already been declared a top priority sector. Bangladesh accounts for 3% share in the global leather and products market. Almost 60% of its annual output is being exported. The export of leather and leather products increased manifold over the past decades. The composition of leather and leather goods from Bangladesh underwent a structural change as manufacturing is moving from finished leather towards production of diversified finished products. The growth of the footwear industry has increased from 36.64% of total sectorial export earnings in FY’2007-08 to 60.90% in FY’2017-18.