The global market for children’s footwear is expected to grow by $8.65 billion between 2020 and 2024, representing an average annual increase of almost 4 percent, with the launch of exclusive designer footwear being instrumental in driving the market higher, according to the research and advisory firm Technavio.
Brazil’s footwear production could fall by between 21.0 and 29.2 percent this year to 643.4-717.5 million pairs due to the impact of the Covid-19 pandemic, according to a survey released by Abicalçados, the country’s association of footwear manufacturers.
IN THE REPORT Sectoral Highlight Leather export report Leather Products export report Leather Footwear export report Others footwear export report Covid impact analysis Sector HIGHLIGHT Leather, footwear and allied sector have faced negative trend (-17%) in export compare to last financial year and -24% compare to strategic target. Share of Leather (HS 41) goes down…
I have read an article named ‘The New Supply Chain Challenge: Risk Management in a Global Economy’ by FM global through internet and try to relate those challenges with Bangladesh footwear activities. It seems, many of them is not aware about those challenges or many of them aware on it but failed to calculate real…
Due to my job responsibility, lot of time I need to discuss with different people from Bangladesh footwear industry – from investor to top/mid management. Every time I asked them why they can’t outperform or similar to China or Vietnam in manufacturing, they always come-up with some common conclusion like bad infrastructure, corruption, bureaucracy, limitation…
I met some people who want to invest on footwear manufacturing, and they are new investor. They believe it is not saturated yet like garments (though I have different view on garment saturation) and have more potentiality for future expansion. Unfortunately, we don’t have much industry insight (or I don’t know!) and professionals who can…
Recent market surveyed showed that speed (lead-time) and flexibility (adapting changes) become more important than low cost for world footwear retailer and manufacturers in order to stay competitive. E-commerce and fast fashion have changed customer’s shopping habits and made them more demanding in all aspect. Customer now-a-days has more option than they had before. As…