There are lots of business opportunities in the leather business. The leather business accounts for billions of dollars in trade worldwide.
There are many business ideas for small medium and large
scale businesses. Entrepreneurs can leverage on this vast market to do good
business.
India is one of the major manufacturers of leather wear
and the export potential increases daily. Leather business has grown by leaps
and bounds because of availability of raw materials, new technologies and
effective government policies.
Other things that
have contributed to the growth are availability of skilled labor, dissemination
of information, huge global market and better financing. Leather business is both
large scale and capital intensive or small scaled one man business.
The fashion industry is the number one consumer of leather products. However the automobile industry, furniture and fitted accessories are not far behind
Listed below are a few profitable leather business ideas.
Leather Accessories Store
Leather accessories make up a high percent of leather
wear produced globally. They come in wristwatch straps, broaches, hand bands
and belts. To start a leather accessory store you need to stock up on various
leather items.
Showcase popular accessories and gradually fade-out the
less popular ones. For any semblance of success locate your store in a densely
populated area. Then apply marketing techniques and discounts to get a steady
flow of customers.
Leather
Bag Making
Manufacturing leather bags is a lucrative business venture.
Leather is durable, tough, and very rugged with high aesthetic value. To start
this business you need lots of startup capital.
A small businessman is able to access capital through personal
savings, bank loads, trade loans, investors, family and friends. You can concentrate
on high end bags and focus on exclusive boutiques.
Mass produced low
end leather bags also have there own market base.
To get started you need to find
a good location for your factory and get the appropriate machinery. Build a brand a, market your items and you
will get moderate success in this sector.
How to Start a Leather Bag Making Business
How to Start a Leather Bag Making Business
Ladies
Foot ware
Ladies foot ware is the number one leather item that
sells best. Ladies love to look glamorous and beautiful and are willing to
spend lots of money on foot ware. A manufacturer should create unique designs.
If your foot ware is of high quality they will be popular
and sell nicely. You should decide wither you want to manufacture foot ware or
retail foot ware.
Both sides of the divide are lucrative but require
financing. Foreign companies regularly outsource foot ware manufacturing to
countries like India. If you are lucky and get an outsourcing contract you make lots of
money.
Children’s
Shoes
Children’s shoes are a niche market worth millions of
dollars annually. Children’s shoes are in high demand to satisfy the rapidly
growing child.
Despite the little size children shoes are more expensive
than regular adult shoes. Decide if you want to manufacture or retail children’s
shoes. There are a few top notch children’s shoes outlets that have
distinguished them selves in children’s couture
leather belts |
Leather
Belts
Leather belts business is another entirely different
sector all on its own. Leather belt manufacturers work exceedingly hard to meet
the demand for consumers.
Leather belts are good export commodities and attract
high prices abroad. Many companies outsource the production of leather belts
which are found in high end stores around the world.
Leather
Furniture Business
Have you seen the prices of leather chairs lately?
Leather chairs are the high end market of furniture making business. The reason
is because they are durable, tough and beautiful.
A complete three, two and one sitter chairs can sell for $3500.
The application of leather in furniture is not restricted to chairs alone but
is found on tables, cupboards and other household items.
Leather
Garment Making
Leather garments are high end fashion statement outfits. They
attract lots of export dollars making them a highly lucrative business venture.
Major markets for
leather garments are Canada, Germany, Switzerland, America and Russia. Popular leather
garments include jackets, coats, monkey jackets and full length jackets.
leather purse |
Leather
Purse and Wallets
Wallets and purses are in high demand because of there simplicity
and functionality. It is rare to see a woman or man without a bag, purse or
wallet.
Leather wallets face great competition from synthetic
wallets and bags.
However, when it comes to durability leather is in a class of
its own. You can manufacture purses and wallets wholesale, retail or export them
overseas.
Leather
Craft Business
Leather craft business is vast because of the variety of
leather items you can create. These common leather items like clutch purses,
decorative items, key holders, book covers and pet collars are in high demand.
The items are usually sold in bulk to retailers, super stores,
arts and craft shops and the open market. The more useful and nicely made the
item the likelihood of outselling its competitors.
Leather
Export Business
Leather export business is huge and covers different
leather items. Not all countries allow leather wear into their territory excepted
when properly treated for biological enzymes.
A country like Australia is very particular about the
type of leather exported to their country. To export leather you need custom
licenses, export license and other important documents.
You also need a good foreign technical partner that
understands the leather business before exporting any product.
Leather
Jewelry Business
Leather complements many fashion accessories making it a
good business. Leather jewelry business is more small scale manufacturing then
large scale.
The more unique the leather items the better value and
price. Jewelry manufacturing is easily home based because it requires little
production space.
There are many
items that are considered leather jewelry. Some are leather ear rings,
friendship bands, necklaces and bracelets.
Leather
Watch Band Business
Good quality watch bands are in high demand in the
international market. Watch band are highly exportable, easy to handle and
transport.
Anyone interested in leather watch band business should maintain
good quality and prompt deliver service.
Safety
Shoes
Leather safety shoes are the premium brand when it comes
to foot ware safety. The boots are tough, rugged and protects the wearer.
The boots also protect form harmful chemical agents, fire,
and dangerous hazardous materials. Manufacturing safety shoes isn’t easy
because of government regulations and certification.
Safety shoe manufacture requires moderate investment is a
good export items and is done both large and small scale.
Shoe
Repair Business
The shoe repairer is referred to as a shoe cobbler. The cobbler
repairs any type of shoe for a fee. There are two categories of cobblers the
large scale cobbler and mobile cobbler.
Large cobblers use industrial type machines while one man
cobblers use needles, threads, glue and nails to mend shoes.
Small cobbler earn very little money for their services
while large cobbler make huge profit
Leather
Promotional Products
Leather promotional products are basically targeted at
the gift industry. Promotional products are popular items like leather cases,
laptop cases, brief cases and bags. Others are leather laptop briefcases,
promotional key rigs. The business is very profitable because the items are
used daily and are important accessories.
Leather
Processing Business
Processing leather is filthy and the location should be
far from residential area. Leather process is referred to as tanning. A tanners
job is to source lots of raw material, process the leather, clean and market
his product.
Leather
Gloves
Leather gloves sell best in
cold regions of the world. They don’t do well in tropical areas like Africa but
sell best in temperate areas.
Leather gloves are both
fashion statement items and work items. The leather gloves manufacturer should
determine which aspect of glove making he likes.
Gloves are generally export commodities
and with proper marketing sell nicely.
Leather
Aprons
Aprons are protective wear
used in industrial application. The common leather used for Aprons are chrome
tanned or split leather. Leather aprons a subject to wear and tear and is a
cheap leather product.
Aprons go through rigorous
handling including the non leather verity.
traveling bags |
Leather
Traveling Bag Business
Leather traveling bags are
very popular because of their durability and strength. Some manufacturers and
retailers concentrate on only traveling bag business.
Other leather bag products
that are categorized under traveling bags are leather suitcases. Leather traveling bags and suitcases have also found there way as a high fashion
accessory.
Many businessmen favor
leather suitcases over synthetic ones.
Laminated
Split Leather Making
The laminate split leather
is used to produce fancy leather products. The products are bold, contemporary
and fashion statements.
PU laminated split leather
business is profitable and has high demand. The manufacturing process is modern
and capital expensive.
List of profitable leather
Business ideas
1
Leather accessories
2
Bag making business
3
Ladies foot ware
4
Children’s shoes
5
Leather belt business
6
Leather furniture business
7
Leather garment business
8
Leather purse and wallets
9
Leather craft
10
Export business
11
Leather jewelry
12
Leather wrist bands
13
Safety shoes business
14
Shoe repairer business
15
Leather promotional products
16
Leather processing units
17
Leather gloves
18
Leather Aprons
19 Traveling bags business
20
Leather split leather manufacturing
Manufacturing
Leather Goods
The manufacture of leather
is both small and large scale. The business models are similar but the
production and amount invested in the business differ.
Small leather manufacturers
have small staff strength of between one and five work force. Large
manufacturer on the other hand have a large work pool according to their needs.
One
Man Leather Manufacturer
The one man produces common
leather products like shoe and bags. He works out off a small shop with basic
tool of the trade. The production process might involve grinding, styling,
cutting, stitching and sewing.
The type of goods produced
dictates the equipment he uses. Small leather manufacturers are at liberty to
create on demand, repair or restore old leather goods.
They also design and
fabricate their own in-house leather items. One man leather outfits gravitate
between high-end and low cost leather products. They also have a production
line that handle a small amount of goods weekly.
leather manufacturer |
Large
leather manufacturer
The large leather
manufacturers produce mass leather products. They have a large labor force and
are good outsource contractors.
They produce wholesale for
both retailers and individuals. The size, operation and equipment depends on
the type of leather work they produce.
Large leather manufacturing
is very capital intensive and they make huge profit. Large manufacturer also
supply to the local market and export their goods.
Conclusion
Leather wear is a very vast
and exciting business. It has lots of money making potential for an astute
business man.
To take advantage of all the
opportunities in leather trade you need to first define your scope of business.
Are you interested in manufacturing or wholesale/retailing.
The next step is financing,
learning the trade, equipment, location and sourcing the raw or produced
material. The last aspect is proper pricing selling your goods and effective
marketing of your product.