Why is the demand for leather Goods in India increasing?
Purses, belts, wallets, bags, jewellery boxes , suitcases, footwear, portfolio bags , jackets, and many more belong to the leather goods segment. Leather goods are in demand in the global market. India is not behind in this. The global market's projected value will go up to USD 720.8 billion by 2030. Now the question is why is the demand for leather goods in India increasing. Let it be discussed with three significant points. It is Profitable If you are a business entrepreneur or looking for a new business opportunity, undoubtedly, it can generate more profit for you. Leather goods are well-known, and stylish & creative designing products boosted the growing leather sector. Though, some industrial businesses require a lot of money and supervision. But to be honest, the leather business does not require a huge investment. Even a less capital investment can build a home-based leather factory. Increase in government support Leather accessories is a part of fashion. The Leather