Home / Knowledge / News / Indonesian, Malaysian footwear makers join forces
Indonesian, Malaysian footwear makers join forces
18
May '12
In the midst of decreasing orders from European markets, the Indonesian and Malaysian footwear makers have agreed to work together to tap the emerging shoe markets in the two neighbouring countries.

The Malaysian Footwear Manufacturers Association (MFMA) and the Indonesian Footwear Association (Aprisindo) have inked a Memorandum of Understanding (MoU) in this respect.

The MoU would ease information exchange between the shoe industries of the two countries.

Next to the US, China, India and Japan, Indonesia is the sixth largest consumer of footwear across the globe, with a market worth Rp 25 trillion or US$ 2.7 billion, said Eddy Widjanarko Widjanarko, Chairman of Aprisindo.

According to Mr. Widjanarko's estimates, the worth of Malaysian footwear market is around one-fourth that of the Indonesian market. He informed that the Malaysian footwear industry penetrated in the Indonesian space around 25 years back, mainly through women footwear brands.

Presently, around 20 Malaysian brands have their presence in Indonesia, as against only two Indonesian brands – Andre Valentino and Rotelli – having their presence in Malaysia, he said.

Mr. Widjanarko said Indonesia's footwear outsourcing is poor as compared to Malaysia, which gets its footwear prepared in China. He further revealed that Malaysia is now focusing on the high-end footwear retail market of Indonesia, whereas the Indonesian footwear industry retains its focus on bulk production.

The Aprisindo Chairman expects that the MoU would enhance the number of Indonesian footwear brands in Malaysia to 10, as brands like Gino Mariani and Mario Minardi are already eyeing penetration in Malaysian market by the end of current year. He believes it is the right time and opportunity for Indonesia to encourage its brands to enter Malaysian market.

While around 45 percent of Indonesia's footwear exports are towards Europe and 30 percent towards the US, just one percent of the same is shipped to Malaysia, Mr. Widjanarko said.

Looking at diversifying its export markets, next to Malaysia, Aprisindo also plans to sign MoU's with Taiwan, South Korea and China during the current year.

Aprisindo entered into a MoU with the US for footwear trade, around three months back. However, for MFMA it was for the first time that it inked a MoU on cooperating with footwear industry of any other country.

Indonesia last year exported footwear worth US$ 3.3 billion, up 32 percent over its previous year's exports of US$ 2.5 billion. However, in view of ongoing financial crisis in the European countries, Aprisindo eyes a moderate 10 export growth for the current year.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Certification for Philippine garment firms availing GSP

Textiles | On 20th Jun 2018

Certification for Philippine garment firms availing GSP

The Philippines has adopted rules on securing certificate of...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search