Vietnam’s leather sector expects more pressure
Estimates point to a single-digit export growth for the sector in 2016, as a result of political instability around the world and strong competition from other Asian footwear exporting countries
Quoting the local authorities, the Vietnam's footwear sector is expected to report a growth of only 8% in export revenue in full 2016, which will be below the targeted 10%. According to the same sources, several small and medium sized companies from the leather and footwear sector registered declines of 30-60% in orders in 2016 compared with the previous year.
According to the World Footwear Yearbook in 2015 Vietnam was the world 3rd producer of footwear (with a 5.0% share) and the 2nd largest exporter (with a 7.3% share in the worldwide footwear exports).
According to the World Footwear Yearbook in 2015 Vietnam was the world 3rd producer of footwear (with a 5.0% share) and the 2nd largest exporter (with a 7.3% share in the worldwide footwear exports).
Related Events
Related Organizations
-
-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
-
World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
-
-
-
Media Partners
Media Partners
-
ARS ARPEL
UNIT Publishing House
Schuhkurier
MPA Style