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Pakistans Leather Industry Video

Leather Garment Industries of Pakistan (English Subtitle)-Stage Pakistan

As part of the Make-in-Pakistan initiative, the PBC has initiated Pakistans Leather Industry series of sector studies to identify impediments to improve global competitiveness of those sectors in which Pakistan has international presence. The MiP initiative aims to develop a policy framework that will help revive the manufacturing sector in Pakistan leading to the creation of jobs, Lather increase in value-added exports, the promotion of import substitution, and ultimately help raise government revenues.

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This growth was mainly driven by Asian countries. China was the source for 2 out of every 3 pairs of shoes exported in However, China has been seeing a steady decline in its exports of footwear since due to higher labor costs, more stringent government policies and attractive policies introduced by other competitors such as Cambodia, Vietnam and Bangladesh.

As for footwear imports, the US is the largest importer, importing 1 in every 5 pairs of Pakkstans. Pakistans Leather Industry

Over the last ten years, the increasing popularity of textile footwear has been the most important trend in the global footwear trade. This category now represents a quarter of the footwear trade, up from In terms of volume, Rubber and plastic HS represent Bangladesh is attracting increasing interest from international investors as an emerging preferred low-cost manufacturing hub in Asia.

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Bangladesh produced The country stands at the 8th position in the global footwear market in terms of production volume. The footwear industry contributes just over 2. Vietnam is the 3rd largest producer of footwear with a share of 5. The footwear Lezther in Vietnam is responsible for more than 1.

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Foreign direct investment FDI is the main factor contributing to the growth of the industry in recent years. Overall, the global market is expected to continue to grow at an average annual rate of 5. Despite the low contribution to the international footwear market, Pakistan https://amazonia.fiocruz.br/scdp/essay/calculus-on-manifolds-amazon/the-german-reformer-martin-luther.php the seventh largest producer of footwear, manufacturing more than 2. It is also the seventh largest consumer of footwear, accounting for 2.

Footwear made of Pakistans Leather Industry and plastic was the second largest export category.

Major Competitors in the Global Footwear Industry

InPakistan exported more than The US has a 9. Shoe manufacturing in Pakistan is predominantly located in and around the city of Lahore, where almost 80 percent of the documented Pakistans Leather Industry industry is located. Foreign investment in the leather industry represents less than 1. Low FDI in the leather and footwear sector has led to limited access to new markets and inputs that could help facilitate product diversification. A lack of FDI has also resulted in poor vertical integration of footwear units in the organized sector.

Although, the Government of Pakistan has in the past announced a number of policies and sector specific incentives to tackle issues in the footwear industry, they have not been successful mainly due to poor implementation of good policies. More information about the PBC, its members, objectives and activities can be found on its website: www.

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