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Slowdown Effect / Indian Leather

23 January 2023

 2 minutes
Leather hides being dried on a tannery rooftop. About 85–90% of the production by the $2.25 billion Indian leather apparel and accessories industry is exported. Europe and North America account for ~75% of this amount.

Slowdown in Europe and US: Indian Leather Industry to See 8% Revenue Drop

The slowdown in consumer demand in Europe and the United States is set to impact the Indian leather apparel and accessories (comprising bags, belts, and harnesses) industry, with revenues predicted to decline 7–8% in fiscal 2024.

By
  • Staff Writer
Most Popular
Snapshot / Recycling Crisis / I Feature
The textile recycling market is projected to grow, but investment remains concentrated in companies that can demonstrate material flow predictability

The Data Divide: How Traceability Gaps Are Crushing Textile Recycling Economics

  • Subir Ghosh

2 June 2025
Event Preview / Intertex Portugal Interview
ITF Intertex Portugal expects the participation of over 250 top-tier exhibitors, alongside the anticipated presence of more than 5,000 professionals from over 20 countries.

Balancing Between Nearshoring and Regional Supply Chains with a Global Outlook

  • Subir Ghosh

3 May 2025
 
Textile Recycling Expo
Latest Specials
Designer Talk / Nigerian Trends Report
These stunning runway moments at LagosFW24 redefined elegance with bold silhouettes, rich textures, and timeless sophistication.

How Lagos Fashion Blends Nigerian Tradition with Global Style Trends

  • Adwoa Owusuaa Bobie

29 May 2025
Toxic Fashion / Nonylphenol Usage Report
Indian textile products containing toxic chemicals may face barriers or trade limitations in the global market, hindering competitiveness of the Indian textile industry. By aligning with international efforts and adopting strict measures,

Toxic Chemicals in Indian Clothing Pose Health and Environmental Threats, Finds Study

  • Special Correspondent

27 May 2025
 
Young India Fashion Survey 2025