Market Forecast By Test (Compression, Bending, Moisture Content, Tear Strength, Tensile, Adhesion), By Equipment Type (Crackness Apparatus Tester, Leather Crock Meter, Flexometer, Leather Adhesion Tester, Tensile Testing Machine), By End Use (Apparel, Footwear, Automotive, Others) And Competitive Landscape
Product Code: ETC430648 | Publication Date: Oct 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Bangladesh Leather Testing Machine Market is growing at a rapid pace. In order to meet the increasing demand for leather products, local manufacturers are investing heavily in state-of-the-art testing equipment. A wide range of testing machines are used in the leather industry, including thickness gauges, abrasion testers, flexing testers, and tear strength testers. These machines help ensure that finished products meet international quality standards.
The Bangladesh Leather Testing Machine Industry is expected to grow during the forecast period. Leather testing machines are used to test the physical and chemical properties of leather products. These machines help in ensuring the quality of leather products and help manufacturers meet international standards. Some of the commonly tested parameters include thickness, density, hardness, tear strength, flexing endurance, water repellence, colourfastness, etc.
The rising demand for leather products from the footwear and apparel industry is the key factor driving the growth of the Bangladesh leather testing machine market. Moreover, the growing awareness about product quality and technological advancements is further fuelling the market growth. However, high prices of these machines may restrain market growth to some extent during the forecast period.
According to 6Wresearch, Bangladesh Leather Testing Machine Market is expected to grow during 2022-2028. The Asia-Pacific Leather Testing Machine Market is increasing at rapid pace rate and the increasing awareness about quality standards and the stringent regulations imposed by the government are the major factors augmenting the market growth. The other factors include the growing automotive industry, rising demand from footwear industry, and increasing exports of leather products.
The government of Bangladesh has been promoting the country as a potential destination for investment in the leather sector. Several policies have been introduced to attract foreign investors and to create an enabling environment for the growth of the sector. These factors are expected to drive the demand for leather testing machines in Bangladesh over the forecast period.
The automotive industry is another major driver of market growth. The country’s automotive industry has been growing at a rapid pace, owing to favourable government policies and initiatives to promote exports. Bangladesh is emerging as a leading destination for manufacturing automobile components, due to its low labour costs and abundance of raw materials. This is expected to increase the demand for testing machines that can ensure quality standards are met.
The Bangladesh Leather Testing Machine Market size is restrained due to the lack of awareness among manufacturers and exporters about quality standards. The government has been working towards improving awareness about quality standards. However, the lack of knowledge among manufacturers and exporters is expected to restrain market growth over the forecast period.
The COVID-19 pandemic disrupted the retail sale of leather products owing to the decreasing disposable income, closing of various offline stores and nation-wide lockdown. Consequently, the outburst of deadly virus disturbed the supply chain of various industries owing to the restrictions imposed by the government. Generally, leather-based products are highly popular among the individuals which are expected to surge the growth of the Bangladesh Leather Testing Machine Market. Moreover, the government support is further boosting the market growth which turn out to be a positive factor in terms of increasing share.
By Test, market is comprised of Compression, Bending, Moisture Content, Tear Strength, Tensile, and Adhesion.
By Equipment Type, the Asia-Pacific Bangladesh Leather Testing Machine Market is segmented into Crackness Apparatus Tester, Leather Crock Meter, Flexometer, Leather Adhesion Tester, and Tensile Testing Machine
By End-use, market is segmented into Apparel, Footwear, Automotive, and Others
Major players in the Bangladesh Leather Testing Machine Market include Anhui Sanxin Test Equipment Manufacturing Co., Ltd., Shenzhen Piaotian Technology Co., Ltd., and Zhongshan Baihong Machinery & Electrical Co., Ltd.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Leather Testing Machine Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Leather Testing Machine Market Revenues & Volume, 2021 & 2028F |
3.3 Bangladesh Leather Testing Machine Market - Industry Life Cycle |
3.4 Bangladesh Leather Testing Machine Market - Porter's Five Forces |
3.5 Bangladesh Leather Testing Machine Market Revenues & Volume Share, By Test, 2021 & 2028F |
3.6 Bangladesh Leather Testing Machine Market Revenues & Volume Share, By Equipment Type, 2021 & 2028F |
3.7 Bangladesh Leather Testing Machine Market Revenues & Volume Share, By End Use, 2021 & 2028F |
4 Bangladesh Leather Testing Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Leather Testing Machine Market Trends |
6 Bangladesh Leather Testing Machine Market, By Types |
6.1 Bangladesh Leather Testing Machine Market, By Test |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Leather Testing Machine Market Revenues & Volume, By Test, 2018 - 2028F |
6.1.3 Bangladesh Leather Testing Machine Market Revenues & Volume, By Compression, 2018 - 2028F |
6.1.4 Bangladesh Leather Testing Machine Market Revenues & Volume, By Bending, 2018 - 2028F |
6.1.5 Bangladesh Leather Testing Machine Market Revenues & Volume, By Moisture Content, 2018 - 2028F |
6.1.6 Bangladesh Leather Testing Machine Market Revenues & Volume, By Tear Strength, 2018 - 2028F |
6.1.7 Bangladesh Leather Testing Machine Market Revenues & Volume, By Tensile, 2018 - 2028F |
6.1.8 Bangladesh Leather Testing Machine Market Revenues & Volume, By Adhesion, 2018 - 2028F |
6.2 Bangladesh Leather Testing Machine Market, By Equipment Type |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Leather Testing Machine Market Revenues & Volume, By Crackness Apparatus Tester, 2018 - 2028F |
6.2.3 Bangladesh Leather Testing Machine Market Revenues & Volume, By Leather Crock Meter, 2018 - 2028F |
6.2.4 Bangladesh Leather Testing Machine Market Revenues & Volume, By Flexometer, 2018 - 2028F |
6.2.5 Bangladesh Leather Testing Machine Market Revenues & Volume, By Leather Adhesion Tester, 2018 - 2028F |
6.2.6 Bangladesh Leather Testing Machine Market Revenues & Volume, By Tensile Testing Machine, 2018 - 2028F |
6.3 Bangladesh Leather Testing Machine Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Leather Testing Machine Market Revenues & Volume, By Apparel, 2018 - 2028F |
6.3.3 Bangladesh Leather Testing Machine Market Revenues & Volume, By Footwear, 2018 - 2028F |
6.3.4 Bangladesh Leather Testing Machine Market Revenues & Volume, By Automotive, 2018 - 2028F |
6.3.5 Bangladesh Leather Testing Machine Market Revenues & Volume, By Others, 2018 - 2028F |
7 Bangladesh Leather Testing Machine Market Import-Export Trade Statistics |
7.1 Bangladesh Leather Testing Machine Market Export to Major Countries |
7.2 Bangladesh Leather Testing Machine Market Imports from Major Countries |
8 Bangladesh Leather Testing Machine Market Key Performance Indicators |
9 Bangladesh Leather Testing Machine Market - Opportunity Assessment |
9.1 Bangladesh Leather Testing Machine Market Opportunity Assessment, By Test, 2021 & 2028F |
9.2 Bangladesh Leather Testing Machine Market Opportunity Assessment, By Equipment Type, 2021 & 2028F |
9.3 Bangladesh Leather Testing Machine Market Opportunity Assessment, By End Use, 2021 & 2028F |
10 Bangladesh Leather Testing Machine Market - Competitive Landscape |
10.1 Bangladesh Leather Testing Machine Market Revenue Share, By Companies, 2021 |
10.2 Bangladesh Leather Testing Machine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |