The project’s idea is to establish a factory that produces wallets and leather belts as well as all types of bags, such as: (handbags, luggage bags, garment bags, cosmetic bags, and school bags). This project aims to employ labor, improve their economic and social level, and boost national industry.
The leather products factory project is among the most successful projects that can be invested in; This is due to the high volume of demand for it; By the end of 2020, the value of the global market for leather products reached about 394.12 billion US dollars, and the market is expected to expand at a compound annual growth rate of 5.9% to reach 624.08 billion US dollars by 2028.
The demand for leather products is increasing by both men and women, and Mashrouk Consulting confirms that this project will be able to generate encouraging financial surpluses. Take the initiative now, contact Mashreq’s investor service team and request a feasibility study for this lucrative investment project. With Mashreq, you can be sure of success.
