The leather and footwear industry:

95% of the world’s leather material comes 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. The world tanning industry is characterized by small or medium family businesses. Countries with the fastest growing tannery industries, such as Korea, Taiwan, China and Indonesia, have difficulty in supplying raw materials and have to import large quantities of raw leather. about 120,000 – 150,000 tons of raw leather.

The compound annual growth rate in the period of 2013 – 2019e reached 19.2%, in 2019 the production of leather (excluding synthetic leather) reached 144.9 million m², an increase of 23.5% compared to the same period in 2018. Leather production Domestic production is still low, meeting only 40% of the leather demand for export production, forcing businesses to import leather from abroad.

 

Abbreviations
Executive summary
1. Business environment
1.1. Macroeconomic situation
1.2. Legal framework
1.3. Free trade agreements
2. Overview of Global Leather and Footwear Industry
2.1. Value chain of Leather and Footwear Industry
2.2. Production Methods
2.3. Leather industry
2.3.1. Raw materials
2.3.2. Production
2.3.3. Consumption
2.3.4. Import export
2.3.5. Price movements
2.3.6. Some typical countries
2.4. Footwear industry
2.4.1. Raw materials
2.4.2. Production
2.4.3. Consumption
2.4.4. Import export
2.4.5. Footwear prices
2.4.6. Some typical countries
2.4.7. Some famous brands
3. Overview of Vietnam Leather- Footwear industry
3.1. History of Establishment and Development
3.2. Industry Scale and Features
3.3. Leather industry
3.4. Footwear industry
3.5. Some other leather products
3.6. Machinery/Technology
3.7. Risks and Threats
3.8. Industry Planning
3.9. Driving Forces and Forecasts
4. Enterprise Analysis
Appendix
 
 
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 charts
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: USD / VND exchange rate, 6/2014 -3/2020
Figure 5: FDI attraction by industry, Q1 / 2020
Figure 6: Retail sales of goods, 2012 – Q1 / 2020
Figure 7: Share of footwear exports in Vietnam’s total export turnover, 2012-Q1 / 2020
Figure 8: Number of buffalos, cows, goats and sheep, 2014 – 2019e
Figure 9: Products of cow, goat, sheep leather, 2014-2019e
Figure 10: Export of leather types HS 41 – 43, 2012 – 2019e
Figure 11: Leather export structure by type, 2019e
Figure 12: Import and export of Chinese leather industry HS code 41-43, 2012 – 2019e
Figure 13: Import of shoe materials, 2012 – 2019e
Figure 14: Structure of shoe production by region, 2019e
Figure 15: Total world shoe production, 2013 – 2019e
Figure 16: Footwear consumption by type, 2015 – 2019e
Figure 17: Footwear consumption value, 2013 – 2019e
Figure 18: Consumption market share by region (output), 2019e
Figure 19: Export of footwear, 2010 – 2019e
Figure 20: Import structure by region, 2019e
Figure 21: CPI price of urban areas in the World, March 2014 – 3/2020
Figure 22: Retail sale of footwear in China, 2010 – 2023
Figure 23: Footwear revenue by object, 2013 – 2019
Figure 24: Revenue structure by enterprise in China, 2019
Figure 25: Import and export of footwear, 2014 – 2019
Figure 26: Footwear sales in the US, 2012 – 2023
Figure 27: Footwear sales by type, 2013 – 2019
Figure 28: Retail market share by company, 2019
Figure 29: Import and export value of American footwear, 2014-2019e
Figure 30: Market share by enterprise, 2019
Figure 31: Number of cattle, goats and sheep in Vietnam, 2014 – 2019e
Figure 32: Total production of leather, preliminary treating leather, mechanism and dyeing of fur, 2013-2019e
Figure 33: Import of leather, 2013 – 2019e
Figure 34: Leather import structure by country, 2019e
Figure 35: Leather exports, 2014 – 2019e
Figure 36: Leather export structure by country, 2019e
Figure 37: Inventory by leather type, 2010 – 2019e
Figure 38: Import of raw materials, 2014 – Q1 / 2020
Figure 39: Localization rate by enterprise and sector (%)
Figure 40: Import structure of raw materials by country, Q1 / 2020
Figure 41: Export of raw materials, 2013-Q1 / 20202
Figure 42: Enterprises and labor in the industry, 2010 – 2018
Figure 43: Net revenue of the whole industry, 2010 – 2018
Figure 44: Production output of main products, 2013 – Q1 / 2020
Figure 45: Revenue by retail price, 2013 – 2019
Figure 46: Retail sales of sports shoes, 2013 – 2019
Figure 47: Revenue of main sports shoes, 2019
Figure 48: Consumption structure by value, 2019
Figure 49: Structure of footwear consumption, 2019e
Figure 50: Export of shoes, 2013 – Q1 / 2020
Figure 51: Export of footwear by country, Q1 / 2019 – Q1 / 2020
Figure 52: Contribution structure by type of enterprise in footwear export turnover, 2013 – Q1 / 2020
Figure 53: Import of shoes, sandals, gaiters and similar products of Vietnam 2014 – 2019
Figure 54: Structure of footwear imports by country, 2019
Figure 55: CPI of garment, hat, and footwear group, 2012 – 2019
Figure 56: Price index of shoes by comparative price 2010, 2013-2019
Figure 57: Inventory of some shoe products, 2013-2019e
Figure 58: Export of bags, purses, backpacks …, 2013 – Q1 / 2020
Figure 59: Export structure of bags, wallets, backpacks, hats … by business sector, 2013 – Q1 / 2020
Figure 60: Structure of Vietnam’s export markets for bags, wallets, suitcases, hats, umbrellas, Q1 / 2020
Figure 61: Import of manufacturing machinery, 2013 – 2019e
Figure 62: Import structure of footwear industry, 2019e
Figure 63: Production output growth rate
Figure 64: Total investment capital in the planning period (billion dong)
Figure 65: Comparison of labor costs in some major footwear producing countries
Figure 66: Forecast of world shoe consumption, 2012 – 2024f
Figure 67: Forecast of shoe size, 2013 – 2023f
Figure 68: Net revenue, 2017 – 2018
Figure 69: Gross profit, 2017 – 2018
Figure 70: Selling expenses, 2017 – 2018
Figure 71: Administrative expenses, 2017 – 2018
Figure 72: Self-financing rate, 2017 – 2018
Figure 73: Fixed assets / Total assets, 2017 – 2018
Figure 74: Asset turnover, 2018
Figure 75: Liabilities, 2017 – 2018
Figure 76: Inventory days, 2018
Figure 77: Average collection period, 2018
Figure 78: Profit ratio, 2018
Figure 79: Solvency, 2017 – 2018
 
List of tables
Table 1: Chain of legal documents related to leather quarantine
Table 2: Tax reduction roadmap for footwear and raw materials for footwear production in Vietnam
Table 3: Some provisions of EVFTA and GSP
Table 4: Some EU regulations for leather and shoe import products
Table 5: Top countries importing and exporting leather types HS 41-43, 2019e
Table 6: Top countries importing footwear materials, 2017 – 2019e
Table 7: Consumption value of sports shoes, 2015 – 2019e (Million USD)
Table 8: Top 10 consuming countries (output), 2019e
Table 9: Top 10 footwear exporting countries by value, 2017 – 2019e
Table 10: Top 10 importing countries of footwear by value, 2017 – 2019e
Table 11: Capacity to supply raw materials, 2019
Table 12: Competitive comparison of Vietnamese and Chinese products
Table 13: Market share of shoe brands in Vietnam, 2014 – 2019
Table 14: Typical footwear enterprises, 2018-2019
Table 15: Top major import markets of EU-28, 2017 – 2019e
Table 16: Top major import markets of the US, 2014 – 2019e
Table 17: Export value by HS code, 2010-2019e
Table 18: Tanning technology in Vietnam
Table 19: European fur-tanning technology
Table 20: Product output
Table 21: Top 10 largest leather and footwear manufacturing companies in the industry, 2018