Yutian Bali attended the 2019 Dhaka International Shoe Materials Exhibition in Bangladesh

From October 31 to November 2, 2019, The Bangladesh Dhaka International Shoe Materials Exhibition was grandly held at the International Convention City in Dhaka, Bangladesh.

This annual exhibition mainly targets manufacturers in the leather goods, footwear, apparel, and leather furniture industries in Bangladesh and surrounding regions. Exhibitors showcase the latest products and services in leather, machinery, chemicals, accessories, and related products, providing an important platform for businesses to expand their market.

The exhibition attracts numerous exhibitors from home and abroad and professional buyers worldwide each year. As a leading domestic shoe adhesive enterprise, Yutian Bali has participated in the Bangladesh Dhaka International Shoe Materials Exhibition annually since 2015, achieving positive results each time.

Bangladesh boasts unique advantages in the footwear industry, including low labor costs and abundant raw materials. Currently, the country produces 380 million pairs of shoes annually, directly employing 180,000 people, 70% of whom are women. Around 2,000 shoe manufacturing companies are concentrated around the capital, Dhaka, attracting numerous world-renowned footwear brands to invest and produce due to low labor costs and favorable government policies. The momentum of attracting international capital in recent years has been unstoppable.

Bangladesh is the world's 8th largest shoe producer and a major exporter of footwear, with footwear exports accounting for 1.54% of the country's total exports. The average annual growth rate of exports over the past five years has reached 29.8%, actively undertaking the global transfer of footwear production capacity, demonstrating its considerable strength in the footwear manufacturing industry.

The annual output value of footwear and leather products in Bangladesh is expected to rapidly increase from 1.26-1.41 billion yuan to 5.52-6.31 billion yuan in the next few years. Experts predict that if the relocation of leather and footwear enterprises is successful, the industry's development speed will accelerate, potentially reaching 15.76 billion yuan in the future.

Yutian Bali has focused on the production and sales of shoe adhesives and related products for over 20 years and holds numerous technical patents. It has received honors such as "Top 500 Guangdong Manufacturing Enterprises," "Top 100 Guangdong Brands," and "Famous Trademark of Guangdong Province." It is also one of the drafting units of the national standard "Adhesives for Shoes and Bags" (GB19340-2014).

Seeing the positive trend in Bangladesh's footwear industry, Yutian Bali firmly seizes opportunities, determined to be a pioneer and practitioner in the expansion of domestic shoe adhesive brands.

This year's Dhaka International Shoe Materials Exhibition, like previous years, attracted a large number of exhibitors and buyers, creating a lively atmosphere.

Yutian Bali's strong brand influence and product advantages attracted numerous business customers.

In particular, our company's environmentally friendly water-based adhesive products, which boast independent intellectual property rights, made a deep impression on visitors.

The Yutian Bali booth was crowded, with many customers showing strong interest in our products. Our staff enthusiastically provided detailed product explanations to inquiring customers.

The 2019 Bangladesh Dhaka International Shoe Materials Exhibition has concluded successfully. This exhibition once again witnessed the development and growth of Bangladesh's footwear market. Yutian Bali will continue to follow the progress of the shoe adhesive industry. For a better customer experience, we will continue to innovate, achieve greater success, and bring more, better, and more environmentally friendly products to everyone. Let's meet at the next exhibition.