|
|
|
|
|
|
|
|
|
|
  
|
|
|
|
|
|
|
|
|
|
|
News Headline : > IMF-World Bank meetings end with little tariff clarity   > N. Korea confirms troop deployment to Russia, citing mutual defense pact   > Gas cylinder blast leaves 5 injured in Gazipur   > Cardinal Prefect of Holy Roman Church meets CA   > Death Toll Rises to 14, Over 750 Injured in Iranian Port Explosion   > Hajj Flights to Commence Next Tuesday   > 6.3 Million New Voters Added, 2.3 Million Deceased Voters Removed   > Dhaka ranks 15th worldwide for poor air quality with `moderate` AQI level   > Panic in Pakistan as India vows to cut off water supply over Kashmir issue   > Poet Daud Haider passes away  

   Business
Leather industry in Bangladesh: A $970m sector stuck in the past
  27, April, 2025, 11:49:29:PM

Leather sector stakeholders at a sobering discussion marking `World Leather Day 2025` revealed a stark reality: Bangladesh’s leather industry, once a promising economic driver, is stagnating—lagging 30 years behind global standards.

Hosted by Footwear Exchange at the Dhaka Tannery Industrial Estate Waste Treatment Plant Company Limited (DTIEWTPCL) at Harindhara in Savar, on Dhaka’s outskirts, under the theme `Beyond the Surface: It’s Our Time to Be Visible, Vocal, and Responsible,` the event brought together industry leaders to confront a decade-long decline and chart a path forward.

A sector in decline

The numbers tell a grim story. In 2012, Bangladesh’s leather sector generated $1.13 billion in revenue, a figure that has since plummeted to $970 million by 2024—a 14% drop over 12 years. Despite the country’s abundant rawhide resources and growth in other industries, the leather sector remains trapped in a time warp. “The types of leather we produced 20 to 30 years ago are still being made today, with no innovation,” speakers at the event lamented. This stagnation has left the industry struggling to compete on the global stage.

The discussion, moderated by DTIEWTPCL Managing Director Golam Shahnewaz, featured key figures like Shaheen Ahmed, Chairman of the Bangladesh Tanners Association (BTA), alongside Salauddin Mahmud Khan of Apex Tannery and Tariqul Islam Khan of Marson Tannery. Representatives from the Leather Engineers and Technologists Society of Bangladesh and the Leather Products and Footwear Manufacturers and Exporters Association (LFMEAB) also weighed in, painting a picture of an industry at a crossroads.

Structural barriers to growth

A core issue highlighted was the lack of autonomy for industry stakeholders. Shaheen Ahmed pointed to a stark contrast with Kolkata, where leather industry owners are primary shareholders and decision-makers. “In Bangladesh, the Bangladesh Small and Cottage Industries Corporation (BSCIC) officials run the sector like the ministry, sidelining tannery owners,” he said. Ahmed called for increased shares and influence for tannery owners, alongside better coordination among industry associations to tackle the crisis.

Mohammad Ali, President of the Leather Engineers and Technologists Society of Bangladesh, emphasized the untapped potential of leather engineers. “Engineers have a big role in modernizing this sector, but that role isn’t being played effectively,” he noted. Meanwhile, LFMEAB Director Mushfiqur Rahman acknowledged the global demand for leather and footwear, admitting, “We’re far behind, but we’re committed to development.”

Opportunities amid challenges

Despite the downturn, Bangladesh’s leather sector holds significant potential. The country is rich in rawhide, a critical resource, and its workforce is eager for modernization. However, the lack of innovation in production techniques and limited investment in research and development have stifled progress. The industry’s inability to adapt to global trends—such as sustainable leather production or advanced tanning technologies—has left it uncompetitive.

The event underscored the need for structural reforms, including empowering industry associations, increasing stakeholder ownership, and fostering innovation through engineering talent. Investments in modern technology and sustainable practices could help the sector regain its footing and tap into the growing global demand for leather goods.

A call to action

Leather industry in Bangladesh: A $970m sector stuck in the past
Leather sector stakeholders at a sobering discussion marking `World Leather Day 2025` revealed a stark reality: Bangladesh’s leather industry, once a promising economic driver, is stagnating—lagging 30 years behind global standards.

Hosted by Footwear Exchange at the Dhaka Tannery Industrial Estate Waste Treatment Plant Company Limited (DTIEWTPCL) at Harindhara in Savar, on Dhaka’s outskirts, under the theme `Beyond the Surface: It’s Our Time to Be Visible, Vocal, and Responsible,` the event brought together industry leaders to confront a decade-long decline and chart a path forward.

A sector in decline

The numbers tell a grim story. In 2012, Bangladesh’s leather sector generated $1.13 billion in revenue, a figure that has since plummeted to $970 million by 2024—a 14% drop over 12 years. Despite the country’s abundant rawhide resources and growth in other industries, the leather sector remains trapped in a time warp. “The types of leather we produced 20 to 30 years ago are still being made today, with no innovation,” speakers at the event lamented. This stagnation has left the industry struggling to compete on the global stage.

The discussion, moderated by DTIEWTPCL Managing Director Golam Shahnewaz, featured key figures like Shaheen Ahmed, Chairman of the Bangladesh Tanners Association (BTA), alongside Salauddin Mahmud Khan of Apex Tannery and Tariqul Islam Khan of Marson Tannery. Representatives from the Leather Engineers and Technologists Society of Bangladesh and the Leather Products and Footwear Manufacturers and Exporters Association (LFMEAB) also weighed in, painting a picture of an industry at a crossroads.

Structural barriers to growth

A core issue highlighted was the lack of autonomy for industry stakeholders. Shaheen Ahmed pointed to a stark contrast with Kolkata, where leather industry owners are primary shareholders and decision-makers. “In Bangladesh, the Bangladesh Small and Cottage Industries Corporation (BSCIC) officials run the sector like the ministry, sidelining tannery owners,” he said. Ahmed called for increased shares and influence for tannery owners, alongside better coordination among industry associations to tackle the crisis.

Mohammad Ali, President of the Leather Engineers and Technologists Society of Bangladesh, emphasized the untapped potential of leather engineers. “Engineers have a big role in modernizing this sector, but that role isn’t being played effectively,” he noted. Meanwhile, LFMEAB Director Mushfiqur Rahman acknowledged the global demand for leather and footwear, admitting, “We’re far behind, but we’re committed to development.”

Opportunities amid challenges

Despite the downturn, Bangladesh’s leather sector holds significant potential. The country is rich in rawhide, a critical resource, and its workforce is eager for modernization. However, the lack of innovation in production techniques and limited investment in research and development have stifled progress. The industry’s inability to adapt to global trends—such as sustainable leather production or advanced tanning technologies—has left it uncompetitive.

The event underscored the need for structural reforms, including empowering industry associations, increasing stakeholder ownership, and fostering innovation through engineering talent. Investments in modern technology and sustainable practices could help the sector regain its footing and tap into the growing global demand for leather goods.

A call to action

The `World Leather Day 2025` discussion served as a wake-up call for Bangladesh’s leather industry. To reverse its decline, the sector must embrace innovation, empower its stakeholders, and align with global standards. As Shaheen Ahmed put it, “Coordination and autonomy are essential to overcome this crisis.” With the right reforms, Bangladesh’s leather industry could transform its $970 million sector into a global contender—finally stepping out of the shadows of its past.

The `World Leather Day 2025` discussion served as a wake-up call for Bangladesh’s leather industry. To reverse its decline, the sector must embrace innovation, empower its stakeholders, and align with global standards. As Shaheen Ahmed put it, “Coordination and autonomy are essential to overcome this crisis.” With the right reforms, Bangladesh’s leather industry could transform its $970 million sector into a global contender—finally stepping out of the shadows of its past.



  
  সর্বশেষ
Lightning strikes kill 13, injure 5 across 8 districts
Taka rises against dollar amid remittance, export surge
Govt should’ve consult political parties before giving corridor to Myanmar :Fakhrul
Fahad, Zawad thrash Lanka to level series
Digital Truck Scale | Platform Scale | Weighing Bridge Scale
Digital Load Cell
Digital Indicator
Digital Score Board
Junction Box | Chequer Plate | Girder
Digital Scale | Digital Floor Scale
Dynamic Solution IT
POS | Super Shop | Dealer Ship | Show Room Software | Trading Software | Inventory Management Software
Accounts,HR & Payroll Software
Hospital | Clinic Management Software

Editor : M.G. Kibria Chowdhury Published By the Editor From 85/1 Nayapalton 5th Floor, Dhaka -1000 & Printing Him From Sharayatpur Printing & Press 234 Fakirafool, Motijheel Dhaka-1000.
Phone : 9346453 Mobile : 01712-714493 E-mail: worldreport21@gmail.com