Home / Knowledge / News / Fashion / Leather sector has a promising future ahead
Leather sector has a promising future ahead
22
Apr '08
The Turkish leather industry plays a vital role in the economy of the nation. According to the data released by TDKD (Turkish Leather Manufacturer's Association) and IDMIB (Istanbul Leather and Leather Products Exporters Union) in 2007, the sector contributed nearly 2.5 percent to total industrial output of the country.

The leather industry provided employment to nearly 1.5 percent of population and accounted for almost 1.2 percent of entire exports, by generating revenue worth approximately US $1.24 billion.

Russia turned out to be the biggest overseas market for the nation as Turkey earned 28.4 percent of foreign trade and Germany occupied second position with 10.2 percent share.

The local sector is already renowned for its high standards and technology used in processing and ranks second in the world. Presently the annual production capacity of Turkey is nearly 4,00,000 tons. The country exports almost 85 percent of finished leather goods to various nations across globe.

According to Italian Foreign Trade Institute (ICE), if the manufacturers continue to deliver results in same manner than Turkey will be able to achieve the expected target of $5 billion within a short span of five years.


Must ReadView All

FDI in Vietnamese textile-garment projects on the rise

Apparel/Garments | On 24th Jun 2018

FDI in Vietnamese textile-garment projects on the rise

The European Union-Vietnam Free Trade Agreement and the Comprehensive ...

Courtesy: Alizilla

Apparel/Garments | On 24th Jun 2018

Alibaba Group sets up office in Kuala Lumpur

Strengthening its commitment to Malaysia, Alibaba Group has set up an ...

Bombay Dyeing plans to wind up Indonesian JV

Textiles | On 24th Jun 2018

Bombay Dyeing plans to wind up Indonesian JV

Bombay Dyeing & Manufacturing Co Ltd plans to wind up its loss making ...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Kalai Selvi

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Lynda Kelly
Suominen Corporation

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

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