Top Countries That Produce The Most Leather In The World
Top Countries That Produce The Most Leather In The World
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The leather industry is one of the most important industries, if not the most vital, sectors for local economies. As a result, it’s critical to understand which countries produce the most leather and what their main export destinations are. The leather-producing countries, leather exporters, and leather importers contribute to the market’s expansion. Growing consumer demand for luxury fashion products such as handbags, wallets, and other fashion accessories, backed by increased consumer spending, has resulted in a considerable increase in leather production and commerce in recent years all over the world.
Leather Industry Analysis
The leather business’s raw material comes from the livestock or animal farming industry, after which it goes through a series of operations such as tanning and finishing. Leather is still utilized to make a wide range of high-end products today, including leather footwear, leather purses, leather clothes, and so on. According to a recent analysis from Grand View Research, the worldwide leather products market was valued at US$ 414.0 billion in 2017 and is predicted to grow to US$ 629.65 billion by 2025, reflecting a robust CAGR of over 5.4 percent over the forecast period.
One of the primary drivers of this market’s expansion is rising spending on personal items as a result of rising fashion awareness. The market is also growing due to increased customer spending power, changing lifestyles, and increasing smartphone penetration. Consumers are becoming more aware of new and unusual designs of leather items as a result of increased awareness via online channels. Furthermore, the growing number of working women around the world is fueling the demand for personal products like purses and shoes, which is driving market expansion.
Top 10 Largest Leather Producing Countries
Leather production is one of several essential industries for many countries. By being an exporter of leather, a country can secure its economy as well as contribute to other economies by using local businesses and consumers. Itโs no surprise why so many people consider leather production to be such an essential business around the world, especially considering how valuable it is.
The top countries produce high-quality leather.
- China
- Brazil
- Russia
- India
- Italy
- South Korea
- Argentina
- United State
- Mexico
- Turkey
China
China is the world’s largest leather producer, producing more than 6.2 billion square feet of leather annually, accounting for more than 25% of worldwide leather production. Heavy skin is used to make belts, straps, and soles in China’s leather industry, whereas light leather is utilized in shoes, bags, and jackets.
Brazil
Brazil is the world’s second-largest supplier of leather. Each year, the leather and hide business in Brazil produces around 2.4 billion square feet of leather. In Brazil, light skin from bovine animals is used mostly in leather production.
Russia
In the year 2020, Russia will be one of the world’s top three leather producers. After the 1990s, Russia’s skin industry began to decline, and it was once the world’s top leather producer. Russia now produces 1.4 billion square feet of leather per year, putting it in third place among the world’s top ten leather producers.
Other Major Leather Producers Include
India, Italy, South Korea, Argentina, the United States, Mexico, and Turkey are among the world’s top ten leather producers in 2020. India is currently one of the world’s fastest-growing markets for leather manufacturing and consumption. India is also a major producer of heavy leather from bovine animals, making it one of the top producers in the world. The largest leather producer in the world is China.
Country With The Best Leather Quality In The World
Italy leather is famous for its tanned hides, which are well known around the world. Every year a large number of tanned hides are exported to different countries and a big portion of them are sent to China. Italy is also well known for producing top-quality leather. The most popular leather items produced by Italian manufacturers include jackets, handbags, shoes, and boots. The best quality leathers are exported to top brands such as Dolce & Gabbana, Bottega Veneta, and Gucci.
The Major Producers of Best Quality Leather:
ย Many factors contribute to making a country one of the major producers of good-quality leather. These factors include natural resources, climate conditions, government policies, etc. Some of these major producers have been discussed below:
Japan is also one of those countries which have become famous for producing high-quality leather items. This country produces some very attractive and durable bags and accessories using tanned hides. Apart from making top-quality handbags, wallets, and belts Japan also exports its products to European countries such as France and Italy where they are used by top fashion brands like Louis Vuitton and Gucci.
Australia is another major producer of high-quality tanned hides which are used by different producers all over the world for producing different types of bags, shoes, jackets, etc.
Top 10 Leather Exporters Countries in the World
ย Brazil, India, China, South Africa, and Spain are at top of the world leather industry with over $3.8 billion of exports. Leather is a modern-day material used by many industries worldwide. There is big leather production in developed countries like the US and the EU while underdeveloped nations export a few hides to foreign markets like Italy and France. Top exporters of leather produce a big volume of good quality leather at very low prices while second-tier producers take years to improve their skill set. No doubt higher quality leather comes from developing countries where expensive machines are installed to sort out defective material and work on finished goods by skilled hands.
On the worldwide market, leather and leather goods are among the most widely traded commodities. The leather industry trade is currently valued at more than US$ 85 billion per year, and this figure is likely to rise as the world’s population and economic levels rise, increasing the demand for leather goods. Although Italy remains the world’s largest leather exporter in terms of value, major leather exports have switched from industrialized countries in Europe and North America, which formerly dominated global leather exports, to emerging and developing countries like China, South Korea, and Mexico.
The countries ranking based on leather exporting
- Italy
- USA
- China
- South Korea
- Uk
- Mexico
- Poland
- Pakistan
- New Zealand
- Canada
The United States, South Korea, the United Kingdom, Mexico, Poland, Pakistan, New Zealand, and Canada are among the world’s top ten leather exporters in terms of value. Because of their industrialized leather production activities and well-established supply chains, their positions in the global leather exporting market are projected to be solid.
Conclusion
Since the beginning of time, leather and leather goods have been in high demand. Many producers and traders have recently entered the international market to profit handsomely from a sector that is rapidly expanding. With the introduction of the internet, the traditional techniques of leather exports and imports have undergone significant changes. The production and selling of leather and value-added products are only anticipated to grow as more people and businesses go online. As a result, investing heavily in leather, both raw and finished, will be a highly profitable business soon.
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