{"id":13848,"date":"2025-05-27T15:31:43","date_gmt":"2025-05-27T09:31:43","guid":{"rendered":"https:\/\/lfmeab.org\/?p=13848"},"modified":"2025-05-27T15:31:43","modified_gmt":"2025-05-27T09:31:43","slug":"5-billion-in-leather-exports-possible-by-2030","status":"publish","type":"post","link":"https:\/\/flaxa.org.bd\/index.php\/2025\/05\/27\/5-billion-in-leather-exports-possible-by-2030\/","title":{"rendered":"$5 billion in leather exports possible by 2030"},"content":{"rendered":"<p>On May 25, 2025, Focus Group Discussion titled \u201c<b>Sustainable Export Growth in Post LDC Era: Strategies for the Leather Sector,<\/b>\u201d was organized by the Dhaka Chamber of Commerce &amp; Industry (DCCI) where the Chief Guest was<b> Mr. Adilur Rahman Khan<\/b>, Honorable Adviser to the Ministry of Industries, GoB. After the welcome remarks, <b>Mr. Taskeen Ahmed<\/b>, President of DCCI moderated the rest of the discussion, which began with the keynote paper presentation by <b>Mr. Syed Nasim Manzur<\/b>, Managing Director, Apex Footwear Limited &amp; President of Leathergoods And Footwear Manufacturers &amp; Exporters Association of Bangladesh (LFMEAB). <b>Mr. Md. Hafizur Rahman<\/b> (FBCCI) and <b>Mr. Md. Saiful Islam<\/b> (BSCIC) joined the FGD as special guests. A panel discussion featured industry leaders and experts including <b>Mr. Md. Nurul Islam<\/b> (Bangladesh Tanners Association), <b>Mr. Ibnul Wara<\/b> (Austan Ltd.), <b>Mr. Md. Nasir Khan <\/b>(Jennys Shoes Ltd.), <b>Mr. Ziaur Rahman<\/b> (Bay Group), <b>Ms. Salma Ahmed (BCSIR)<\/b>, <b>Dr. Mohammed Mizanur Rahman<\/b> (University of Dhaka), <b>Mr. Md. Ariful Hoque<\/b> (BIDA), and <b>Dr. Nazneen Kawshar Chowdhury<\/b> (Ministry of Commerce, GoB).<\/p>\n<p>Bangladesh&#8217;s leather and leather goods exports are facing challenges due to non-compliance with international standards, lack of environmental certifications, declining rawhide quality, and a fragmented supply chain. Industry experts have called for consistent policy support and a comprehensive roadmap to transform the leather sector into a major export pillar, with the goal of increasing Bangladesh&#8217;s share in the projected $530 billion global leather market by 2027 from less than 1%. The Ministry of Industries is working to create a supportive policy environment that can enable long-term transformation, and Bangladesh&#8217;s leather industry must move beyond competing solely on price to capture a larger share of the $420 billion global leather goods market.<\/p>\n<p>The absence of a functional effluent treatment plant (ETP) in Savar is a critical problem, and global certification for sustainable leather production, particularly from the Leather Working Group (LWG), is critical for exports. If Bangladesh can establish environmentally responsible, LWG-certified tanneries, its leather exports could potentially double.<\/p>\n<p>The leather industry has become a football tossed among multiple ministries, making it difficult to ensure accountability and policy predictability. To address this, the sector should be consolidated under a single ministry. With incentives and policy support similar to those provided to the readymade garment sector, the leather industry will be able to export leather worth $5 billion annually by 2030, which is currently $1.2 to 1.6 billion.<\/p>\n<p>&nbsp;<\/p>\n<p>Find the news coverages <a href=\"https:\/\/lfmeab.org\/wp-content\/uploads\/2025\/05\/News-Coverage.pdf\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On May 25, 2025, Focus Group Discussion titled \u201cSustainable Export Growth in Post LDC Era:&hellip;<\/p>\n","protected":false},"author":78,"featured_media":13850,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-13848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-3","description-off"],"_links":{"self":[{"href":"https:\/\/flaxa.org.bd\/index.php\/wp-json\/wp\/v2\/posts\/13848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flaxa.org.bd\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flaxa.org.bd\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flaxa.org.bd\/index.php\/wp-json\/wp\/v2\/users\/78"}],"replies":[{"embeddable":true,"href":"https:\/\/flaxa.org.bd\/index.php\/wp-json\/wp\/v2\/comments?post=13848"}],"version-history":[{"count":0,"href":"https:\/\/flaxa.org.bd\/index.php\/wp-json\/wp\/v2\/posts\/13848\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flaxa.org.bd\/index.php\/wp-json\/wp\/v2\/media\/13850"}],"wp:attachment":[{"href":"https:\/\/flaxa.org.bd\/index.php\/wp-json\/wp\/v2\/media?parent=13848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flaxa.org.bd\/index.php\/wp-json\/wp\/v2\/categories?post=13848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flaxa.org.bd\/index.php\/wp-json\/wp\/v2\/tags?post=13848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}