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Tenders From Leather Tenders -> The leather industry in total produces about 18 billion square feet of leather a year, and the total value of this is estimated at about $40 billion.  Developing countries now produce over 60% of the world's leather, and this proportion is growing. The leather industry is very much an international industry - with raw hides and skins, part processed leather, finished leather, leather components and leather products widely imported and exported. Italy is the leader in the global leather and leather products trade. This is followed by China, USA and Korea. Leather industry occupies a place of prominence in the Indian economy in view of its massive potential for employment, growth and exports. About 65% of the world production of leather is estimated to go into leather footwear and the global production of footwear is estimated at around 11 billion pairs (worth an estimated $150 billion at wholesale prices).


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