VIETNAM LEATHER SHOES INDUSTRY

95% of the world’s leather material comes mainly from the food industry and is directly affected by meat and dairy consumption. Over the years, China has become the largest leather producer in the world, followed by India, Brazil and the US.

In 2019, Vietnam imported US $ 1.18 billion of leather with a slight increase of 1.8% compared to the previous year due to increased footwear export orders, resulting in increased demand for leather. 70% of enterprises producing shoes and bags will follow the method of using raw materials and designs provided by foreign customers and branding products according to customers’ requirements. Vietnam is ranked in the group of 4 largest footwear and footwear producing countries in the world.

 

Pou Yuen Vietnam Co., Ltd (HCMC)

TaeKwang Vina Industrial JSC (Dong Nai)

Chang Shin Vietnam Co., Ltd (Dong Nai)

Pou Sung Vietnam Co., Ltd (Dong Nai)

Pou Chen Vietnam Co., Ltd (Dong Nai)

Dona Standard Vietnam Footwear Co., Ltd (Dong Nai)

Thai Binh Footwear Investment and Production JSC (Binh Duong)

Ty Xuan Co., Ltd

Phuong Dong Dong Nai Co., Ltd

Moc Bai

 

List of figures

Figure 1: GDP per capita and Household expenditure, 2010 – 2019

Figure 2: Population and population growth, 2008 -2019

Figure 3: Consumer confidence index, 2016-Q3/2019

Figure 4: Attracting FDI by sector, 2019

Figure 5: Share of footwear exports in Vietnam’s total exports, 2011-2019

Figure 6: Goods retail sales,2010- 2019

Figure 7: World footwear production, 2013-2018

Figure 8: Footwear production by region, 2018 

Figure 9: Footwear consumption value, 2013-2019e

Figure 10: Footwear consumption by type, 2015-2019e

Figure 11: Consumption market share by region (volume), 2017-2018

Figure 12: Total products of leather, preliminary processed leather and dyed fur, 2013 –

2019e

Figure 13: tanned leather import, 2013 – 2019e

Figure 14: Tanned leather imports by country, 2018

Figure 15: Tanned leather exports, 2014-2019e

Figure 16: Tanned leather exports by country, 2018

Figure 17: Enterprises and labors in the industry, 2010-2018

Figure 18: The whole industry’s net revenue, 2010-2018

Figure 19: Main products output, 2013-2019e

Figure 20: Footwear domestics consumption, 2010-2016e

Figure 21: Retail sales, 2013-2019

Figure 22: Sneakers retail sales, 2013-2019

Figure 23: Sales of main type of sneakers, 2019

Figure 24: Consumption by value, 2019

Figure 25: Consumers by spending on shoes per month, 2013

Figure 26: Footwear consumption, 2019e

Figure 27: Segmentation of the market for footwear consumption in Vietnam

Figure 28: Footwear exports, 2013-2019e

Figure 29: Footwear exports by country, 2018-2019e

Figure 30: Contribution in footwear export value by type of

enterprise, 2013 – 2019e

Figure 31: Footwear imports, 2010 – 2018e

Figure 32: Footwear imports by country, 2018e

Figure 33: CPI of apparel, hats, shoes, 2012-2019

Figure 34: Footwear price index at 2010 prices, 2013-2019

Figure 35: Export of bags, suitcases, briefcases… 2013 – 2019e

Figure 36: Export of bags, suitcases, briefcases by block of

enterprises, 2013 – 2019e

Figure 37: Production machinery imports, 2013 – 2019e

Figure 38: Total investment capital in the planning period (billion VND)

Figure 39: Comparing labor costs in some major footwear producing countries

Figure 40: Net revenue, 2017-2018

Figure 41: Gross profit, 2017-2018

Figure 42: Selling expenses, 2017-2018

Figure 43: G&A expenses, 2017-2018

Figure 44: Self-efficiency, 2017-2018

Figure 45: Fixed assets to total assets, 2017-2018

Figure 46: Total asset turnover, 2017 – 2018

Figure 47: Payables, 2017 – 2018

Figure 48: Days in inventory, 2017 – 2018

Figure 49: Days of sales outstanding, 2017 – 2018

Figure 50: Profit margin, 2017 – 2018

Figure 51: Solvency, 2017 – 2018

 

List of tables

Table 1: Legal documents related to leather quarantine

Table 2: Sneakers consumption value, 2015 – 2019e (Million USD)

Table 3: Top 10 consumers (by volume), 2018

Table 4: Comparing competitive products of Vietnam and China

Table 5: Shoe brands’ market share in Vietnam (%), 2014 – 2019

Table 6: Star footwear exporting enterprises, 2018 – 2019

Table 7: Top import markets of EU-28, 2012 – 2018e

Table 8: Top import markets of the U.S, 2012 – 2018

Table 9: Export value by HS code, 2010 – 2018e

Table 10: Product output

Table 11: Top 10 Leather – Footwear producing enterprises by revenue, 2018