Are you searching for profitable leather business ideas? Find in this article top 5 profitable leather business ideas for your ready reference. These leather business ideas can be developed as a profitable venture in small and medium scale basis.
A leather business supplies leather goods and services to customers. Everything from high quality purses and handbags to leather repair may be available through a leather business.
How does a leather business make money?
A leather business makes its money from the sale of leather and leather products as well as the repairing of leather goods, such as shoes and apparel, such as purses, suitcases, or briefcases. The leather industry is spread in different segments, namely, tanning & finishing, footwear & footwear components, leather garments, leather goods including saddlery & harness, etc. Here we put 15 profitable leather business ideas in a different sector. Such as small scale manufacturing, export, and retail.
What are some skills and experiences that will help you build a successful leather business?
A profitable leather business must understand its customer base and their needs and should strive to stay aware of the changing fashion styles and adapt accordingly. You will need to be a student of the fashion niche you inhabit. If purses and handbags are your specialty, or your focus is shoes, gloves, and jackets, stay knowledgeable of the industry around you. Make your business your business.
You will also find that communication is key to building and expanding your customer base, as well as developing relationships with your leather wholesalers and distributors. Communication will also help you in the marketing and promoting of your business. Equally, you will need to stay aware of sewing and crafting techniques and equipment and continue to add to your repertoire to develop fresh ideas and designs.
Ok now get ready to find out the top 5 startup ideas for starting your LEATHER BUSINESS.
Artistic Leather Goods Making
Artistic leather goods are popular because of its unique feature of artistic work, workmanship, aesthetic look and finish. As a result, Artistic leather goods have a very good market and demand throughout the world.
The main export markets are the Japan, Great Britain, Brazil, Canada, and Italy. Additionally, the products have good domestic demand in most developing countries.
Leather goods/crafts making is a great idea in addressing a niche audience with small startup capital. Any individual can initiate this business as home-based with simple tools and equipment. Some of the popular leather craft items are belt, book covers with decoration, ladies accessories, hair accessories, wall hanging, clutch or purse, pet collars, key chains etc.
Leather Decorative Sheet Production
The leather decorative sheet is used as a wall panel and to decorate the ceiling in the interior designing industry widely. Additionally, you can start a leather decorative sheet production project with small capital investment – even as the home-based basis.
Leather decorative sheet and interior wall panels are the best product to create a gorgeous and modern accent wall. READ MORE...
Leather Processing / Tannery
Leather processing or tannery generally process the animal skin to produce durable and less susceptible to decomposition leather. Tanning hide into leather involves a process which permanently alters the protein structure of the skin. This is a capital and management intensive business includes the activities of sourcing raw material, cleaning, processing, marketing and delivery. Different license and permissions are need to be taken from local concerned authorities. However, initiating a tannery is a cost-intensive business.
PU Laminated Split Leather Making
The PU Laminated Split Leather is a modern development in leather manufacturing field which has presented a very high demand in the market. This leather has gained wide popularity in the fashion world and is used for making a wide variety of fancy leather products. This is one of the most trending and profitable leather business ideas. However, the business demands substantial capital investment for commercial production.
If you are living in a country that produce a huge variety of leather products and rich in leather processing and tanning like India, you might consider to start a leather export business of your own. Leather export market is very organized and you can gather adequate data from export council department. Several different license is required in starting this business. You can have business tie ups with the leather product manufacturers who produce export quality item to start a leather export business.