Leather production adds value to cattle byproducts that might otherwise go to waste. This additional revenue stream can contribute significantly to the income of cattle farmers and the overall agricultural sector.
The leather industry creates jobs in various sectors, from the collection and processing of hides to the manufacturing of leather goods. This can stimulate economic growth and provide employment opportunities in rural areas where cattle farming is prevalent.
It diversifies the revenue sources for cattle farmers, reducing their dependency on income solely from meat sales. By utilizing hides for leather, farmers can tap into a different market and mitigate potential losses during fluctuations in meat prices.
Upcycling cattle hides into leather aligns with sustainability goals by reducing waste. Instead of discarding hides, which would contribute to environmental issues if not properly managed, utilizing them for leather reduces waste and supports a more sustainable approach within the agricultural sector.
Leather is a valuable export commodity, contributing to international trade. Countries with strong leather industries can export finished leather or leather goods, bringing in foreign currency and contributing positively to the trade balance.
The leather industry supports several secondary industries such as fashion, footwear, furniture, automotive, and more. These industries rely on the availability of quality leather, thereby creating interdependencies and further contributing to economic growth.