The Thai Tanning Industry Association has welcomed the government’s approval of water monitor farming for commercial purposes, a move that could push leather exports beyond 20 billion baht ($620 million).
The decision comes after luxury fashion houses expressed growing interest in exotic leather for handbags and shoes.
Suwatchai Wongcharoensin, President of the Thai Tanning Industry Association, explained that the Wildlife Conservation Committee has now included water monitors on the official breeding list.
Licensed operators will be able to breed the reptiles for commercial purposes. Breeding stock will need to be purchased from the Department of National Parks at 500 baht ($15.5) per animal.
Officials believe this will create new opportunities for farmers while keeping the local water monitor population in check.
Suwatchai highlighted the value of this policy for both farmers and the leather industry. He pointed out that luxury brands such as Hermès have previously used monitor lizard skins for Birkin bags, which sell for millions of baht.
The leather’s unique texture, a cross between crocodile and snake, has made it a favorite for high-end handbags and shoes.
“This policy expands opportunities for exotic leather. If Thailand proceeds with water monitor leather exports and market demand exists, breeding operations won’t be difficult”
Suwatchai Wongcharoensin, President, Thai Tanning Industry Association
In 2024, Thailand’s leather industry was valued at nearly 20 billion baht ($620 million). However, the year 2025 brought challenges, with orders slowing down as global buyers waited for clarity on US tariffs under Trump’s administration. The industry reported a 40% drop in production as global demand weakened.
Now with tariffs confirmed at 19%, Thai exporters expect orders to resume, although volumes are likely to remain below earlier levels.
In 2024, leather exports totaled about 12 billion baht ($370 million). Exotic leather including reptile skins, stingray, and crocodile accounted for 25-30% of those exports, valued at roughly 4 billion baht ($124 million). Key buyers remain Europe, China, and Japan.
Source – Khaosod English