A Beautiful day starts with a beautiful mindset. It’s a place where hard work is recognized, and teamwork is part of the culture. The area of Lotus Footwear Ltd. is comprised of about 415,000 sq. Feet.
When we look back to the early days, we think of our installed direct PU pouring process in the world that revolutionized safety shoe production: it joined sole and upper in just a few minutes and thus paved the way for the pioneering process for safety footwear.
The safety shoes market size has the potential to grow by USD 890.34 million during 2020-2024.
To meet this demand, mostly the factory in China and South East Asia contribute to this market. But making shoes has become more complicated and labor intensive there. Bangladesh has the scope to take that chance due to cheap labor costs and strong backward linkage availability of leather.
There is also good potential for growth in Bangladesh’s domestic market.