The leather industry is an important contributor to Bangladesh’s export revenue. As such, this industry is vital in emerging as a promising sector, especially in export diversification and creating a more integrated industrial value chain. The industry benefits significantly from backward linkages in the value chain, consequently increasing its external competitiveness. In addition, there is substantial potential for producing higher value-added goods within the sector, which can be pivotal in attracting premium export prices. The leather industry provides Bangladesh with an optimistic avenue for greater participation within the global value chain (GVC), owing to its labour-intensive nature and horizontal linkages with the RMG industry (Razzaque, Uddin, & Rahman, 2018).
Author: Fahmida Khatun, Syed Yusuf Saadat and Afrin Mahbub
Publication Period: April 2024