This document provides a summary of a report on the fashion accessories industry in Nepal. It includes profiles of 29 verified Nepalese suppliers of fashion accessories, with details on their location, employees, and export capabilities. The report also gives an overview of the industry in Nepal, key findings on production, exports, challenges, and trends. Product galleries with images and specifications are provided for different categories of fashion accessories.

1. www.ChinaSourcingReports.com
Nepal supplier
profiles
Detailed profiles of 29
suppliers with verified
manufacturing and export
credentials
Product gallery
Specifications and full-color
images of 190 top-selling
export products ranging
from necklaces to knitted
gloves
Industry trends
Coverage of current issues,
plus insights into supply
centers, products and pricing
April 2013
US$150
Fashion Accessories
Essential sourcing intelligence
Global Sources is offering this series of Developing Country Sourcing
Reports as part of its corporate social responsibility undertakings
in partnership with the Hinrich Foundation, a philanthropic
development organization whose mission is promoting
sustainable global trade.
The aim is to give international buyers new sourcing opportunities
from experienced exporters, generating orders and creating lasting
jobs in developing economies.
Katmandu
Lalitpur
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Bangladesh
China
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2. www.ChinaSourcingReports.com 3
FASHION ACCESSORIES
Supplier capability in Nepal
The fashion accessories industry in
Nepal has been showing gradual
growth in recent years. It is nonetheless
hampered by several difficulties that
threaten to slow progress or reverse
gains achieved thus far.
The sector is largely affected by the
same problems troubling the country
as a whole. Fragile political and
economic environments, inadequate
infrastructure, geographical challenges,
and dependency on imported raw
materials all play a role in keeping
development to a minimum.
To mitigate the effects of these
external factors, manufacturers of
fashion accessories rely on solid design
expertise rooted in traditional methods
and aesthetic elements derived from
the local culture. In addition, they
provide comparatively lower quotes
and have smaller minimum order
requirements.
Objective, methodology & scope
1. Suppliers of fashion accessories
generally expect to keep prices
stable in the next six months in an
effort to ensure competitiveness
and attract repeat orders. Some
companies intend to raise quotes,
however, due to the rising cost of
raw materials.
2. The strong influence of unionized
labor is the most critical challenge
facing the sector and Nepal, in
general. Work stoppage due to
strikes and other reasons regularly
occurs in the country. Suppliers
implement a number of ways to
cope but each has its own drawback
that results in undesirable conditions
for the company, nonunion workers
or the economy at large.
3. Heavy reliance on imported
components such as fabrics, metal
Key findings
Executive Summary
In this report
• 19 in-depth company profiles
• 10 short company profiles
• 190 top-selling export products
• Supplier demographics
• Supplier survey
• Industry statistics and charts
and semiprecious stones is the
main obstacle specifically facing
the industry. With the vast majority
of inputs purchased from India,
China and the Asia-Pacific region,
enterprises are prone to high costs.
4. Product design trends over the next
six months will generally be made
of less-expensive materials and
come in bright hues. These include
colorful glass beads for jewelry and
embellishments, and pure cotton for
fashion bags and purses.
5. Prices are typically determined by the
materials used, adornments applied
and design complexity. Low-end
models are usually plain and small.
Midrange and upscale items feature
intricate decorations done by hand,
high-grade metal or fabric, and are
larger.
This Nepal Sourcing Report is part of a
series designed to provide buyers with
information on new products from export
manufacturers in supply markets that
specialize in handmade merchandise.
The Developing Country Sourcing
Report series is part of Global Sources’
corporate social responsibility initiatives.
It is offered in conjunction with the
Hinrich Foundation, whose mission is
promoting sustainable global trade.
One of its objectives is to help create
jobs in developing Asia through export
promotion.
To produce this report, large, midsize
and emerging manufacturers, all with
substantial export experience, were
surveyed. The selection of suppliers is
designed to reflect the composition
of the industry in Nepal in terms of
geographic location, materials used and
range of products offered.
For in-depth profiles, our researchers
visited the facilities of each company
and interviewed senior executives who
discussed their recent performance and
provided forecasts for the next 12 months.
All other makers in this report were either
visited or contacted by phone.
In each case, companies were required
to answer specific questions designed
to verify their manufacturing and export
credentials, including a breakdown of
exports by product type and market.
Suppliers also participated in a survey
designed to provide insight into the
industry.
This report covers different
classifications of fashion accessories
available in Nepal, including jewelry,
fashion bags and wallets, head- and
neckwear, and gloves and hosiery. Each
product category has its own price
guide that describes features of low-end,
midrange and high-end models.
The Industry Overview section
discusses key issues affecting export
manufacturers. It provides insight on
the composition of the industry and
elaborates on the important supply
centers within Nepal.
The Products & Prices section details
the features and price ranges of fashion
accessories. It also examines the design
and manufacturing processes, main
materials used, and sourcing centers
where components are procured.
dology & scopegy & scope
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omy at large.
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ing Report is part of aport is part of a
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nufacturers in supply markets thnufacturers in supply mar
pecialize in handmade merchacialize in handmade m
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visi

3. 4 Nepal Sourcing Reports
CONTENTS
Disclaimer: Any recommendation contained in this report may not be suitable for all investors or businesses. Moreover, although the information contained in this report is
obtained from sources believed to be reasonably reliable, the accuracy or completeness of such information cannot be guaranteed. The author and the publisher of this report
(and the publisher’s affiliates, agents, sales representatives and service contractors) do not make any representation or warranty whatsoever (whether express or implied) in relation
to any of the contents of this report (including any information, opinion, recommendation or conclusion contained in this report) (collectively,“Contents”), whether as to the
accuracy, completeness, quality, fitness, suitability or reliability of such Contents (or any portion thereof ) or otherwise, and shall not be liable under any circumstances whatsoever
for any error, omission, defect or deficiency in, or for any use of or reliance on, such Contents (or any portion thereof).
All product images are provided by the companies interviewed and are for reference purposes only. Those product images featuring products with trademarks, brand names or
logos are not intended for sale. Products that are not the specific topics of editorial articles are shown for illustrative and/or demonstrative purposes only. We, our affiliates, and our
affiliates’respective directors, officers, employees, representatives, agents or contractors, do not accept and will not have any responsibility or liability for product images (or any
part thereof) which infringe on any intellectual property or other rights of a third party.
Copyright 2013 Trade Media Limited. All rights reserved. Reproduction in whole or in part in any form or medium
without express written permission of Trade Media Holdings Limited and Trade Media Limited is prohibited.
Published by Publishers Representatives Limited (on behalf of Trade Media Limited)
4th Floor, Century Yard, Cricket Square, Elgin Avenue, P.O. Box 32322 SMB, George Town, Grand Cayman, Cayman Islands
c/o 22/F Vita Tower, 29 Wong Chuk Hang Road, Aberdeen, Hong Kong
ISBN 978-988-15980-0-4
Contents
EXECUTIVE SUMMARY 3
Key findings
Objective, methodology & scope
INDUSTRY OVERVIEW 11
Country facts
Export
Exports markets
Products & prices 14
Production & export statistics
Typical parts & components
Price guides
Supplier survey 20
Export prices
Export sales
Export markets
Major challenges
R&D focus
SUPPLIER PROFILES 23
Supplier matrix: Comparison of supplier location,
sales revenue & export capability
Profiles of 29 verified suppliers
PRODUCT GALLERY 75
Jewelry
Fashion bags & wallets
Headwear & neckwear
Gloves & hosiery
CONTACT DETAILS 109
Sam
ple page only200
ES
pagix: Comparison of supplier locaparison of suppli
evenue & export capabilityort capab
es of 29 verified supplierses of 29 verified suppliers
PRODUCT GALLERYODUCT GALLERY
eeJewelryJewelry
Fashion bags & waFashion bag
Headwear & nHeadwe
Gloves & hGloves &
C

4. www.ChinaSourcingReports.com 11
Industry Overview
Industry Overview
Although beset by numerous
challenges, the fashion accessories
industry in Nepal is steadily growing
as it continues to bank on its core
competency of producing designs
derived from ethnic influences.
In spite of the sector’s small size and
underdeveloped status, outbound
shipments since fiscal year 2007-2008
have been generally on an upward
trend, with revenue last year reaching
$42 million. An improvement of 33
percent, this is the highest growth rate
posted by the segment over that span
of time. The industry has expanded by
an average of 8 percent from 2007 to
2012 despite recording fluctuations
within much of the period and
contracting nearly 12 percent in 2009-
2010 due to the global economic crisis.
Statistics on export markets are not
kept adequately by the government
since most goods are undocumented
and do not pass through official
channels. Trade associations, however,
estimate that roughly 70 percent of
turnover is sent to member nations
of the South Asian Association for
Regional Cooperation or SAARC.
According to the Federation of
Handicraft Associations of Nepal,
India is the largest individual foreign
destination, accounting for two-thirds
of sales. Outside of SAARC, China and
the US are the dominant importers.
Fashion accessories are not considered
a distinct export line by the
government as they fall under any of
the officially sanctioned segments such
as pashmina, woolen or silk items, or
metal, wood or beaded crafts. These
are then categorized under the broader
textile and nontextile products, which
are classified within the handicrafts
sector. The fashion accessories
industry is nonetheless a major
contributor in ensuring sustainable
revenue generation and job creation
in the country, especially since many
companies employ underprivileged
women.
The segment is enjoying
unprecedented demand for pashmina
shawls and scarves, felt, knitted, cotton,
velvet and silk bags and wallets, hats,
and jewelry. Traditional designs unique
to the local culture are the driving force
behind this development. An ethnically
diverse country, Nepal boasts several
styling methods not practiced in other
supply markets. These processes have
been in continuous use for many years
as they are handed down through
generations of artisans. A number
of production stages are commonly
subcontracted to craftsmen who have
Country facts
Capital Katmandu
Area 147,181sqkm (94th)
Population 30.4 mn (41st)
Median age 22.1 years
Literacy rates 73% (male)
48% (female)
Major languages Nepali (official), Maithali; English frequently used in
business and government
Government Federal democratic republic
Administrative divisions 14 zones (Bagmati, Bheri, Dhawalagiri, Gandaki,
Janakpur, Karnali, Kosi, Lumbini, Mahakali, Mechi,
Narayani, Rapti, Sagarmatha, Seti)
Labor force 18 mn
Minimum wage $72 per month
Unemployment rate (2008) 46%
Population below poverty 25%
line (2011)
GDP $40.5 bn (102nd)
GDP per capita $1,300 (202nd)
GDP growth 4.6%
Inflation rate 8.3%
Economic revenue Services: 47%
sources Agriculture: 38%
Industry: 15%
Total exports $1 bn
Key export industries Garments, pulses, carpets, textiles, juice, pashmina,
jute products
Top export markets (2011) India: 57%
US: 10%
Germany 5%
Key nonagricultural Tourism, carpets, textiles; rice, jute, sugar and
sectors oilseed mills; cigarettes, cement and brick
production
Natural resources Quartz, water, timber, hydropower, lignite, copper,
cobalt, iron ore, scenic beauty
Figures in italics denote rank in world. All figures as of 2012 unless otherwise specified.
Sources: Nepal Central Bureau of Statistics, CIA The World Factbook, US Dept of State
Nepal
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Administrative divisi

5. 24 Nepal Sourcing Reports
Supplier Profiles
SUPPLIER MATRIX
Company Year
established
Ownership Head office
location
Factory
location(s)
Full-time
employees
Part-time
employees
In-depth profiles
Asthamangal 2006 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
5 150
Celtic Tiger 2002 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
15
Creative Touch 1999 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
130
De Souvenir’s 2008 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
15
Delima 1998 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
50 150
Gajur 2008 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
15 85
Handmade
Handicraft
2008 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
5 70
Hobb 2006 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
25
Human Fit 1982 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
40
K.L. 1992 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
20 40
Kalanki Knitwear 1992 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
13 16
Kayastha Exports 1992 Locally
owned
Katmandu
(Bagmati)
Bhaktapur
(Bagmati)
45 200
Ma Laxmi 1999 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
16
Nepal Knitwear 1989 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
45 185
Nepal Knotcraft 1985 Locally
owned
Lalitpur
(Bagmati)
Lalitpur
(Bagmati)
7 70
Rejoice 2008 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
40
Sashi 2005 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
60
Tana Bana 2010 Locally
owned
Katmandu
(Bagmati)
Katmandu
(Bagmati)
8
Yala Mandala 1990 Locally
owned
Lalitpur
(Bagmati)
Lalitpur
(Bagmati)
200 100
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oonn y
oo
agag
ppagag
e pp
pple
m
pp
m
pp
gge
Saam
S
55
130130
du
Bagmati)
1515
Katmandumand
(Bagmati)Bagmati)
50
ndu
Bagmati)
KatmanduKatmandu
(Bagmati)(Bagmat
Katmandumandu
(Bagmati)(Bagmati)
KatmandKatm
(Bag(Bag
cally
owned
Katmanduatmandu
(Bagmati)(Bagm
LocallyLocally
ownedowned
KatmandKatm
(BaBa
92 LocallyLocally
ownedown
19921992 Locall
Exportsts 1992992
Ma Laxmia Laxmi 199
al KnitwearKnitwear
t

6. 30 Nepal Sourcing Reports
Supplier ProfileSupplier Profiles
Capability
Contact details
Asthamangal Handicrafts
Annual sales $400,000
Share of total sales 57%
Annual export sales $400,000
Total monthly capacity 25,000 pieces
Average monthly output 12,000 pieces
Capacity utilized 48%
Average monthly exports 12,000 pieces
Export ratio 100%
Major export customers Peace Treaty, B-Jaxx (US)
Company facts
Year established 2006
Head office location Katmandu (Bagmati)
Ownership Locally owned
Factory location(s) Katmandu (Bagmati)
Full-time employees 5
Part-time employees 150
Total annual sales (all products) $700,000
Sales & output: Fashion accessories
Materials used
Leather ✗
Wood ✗
Fabric ✓
Plastic ✗
Metal ✓
Other natural materials ✓
Exports by product
Jewelry 10%
Fashion bags & wallets 40%
Headwear & neckwear 40%
Gloves & hosiery 10%
Exports by market
North America 60%
EU 20%
Europe (non-EU) 10%
Asia-Pacific 10%
Middle East –
Other –
Business contact
SHAKYA Ramila
Phone
(977-1) 427-1551
Fax
(977-1) 427-1551
E-mail
asthamangal72@yahoo.com
asthamangal@wlink.com.np
URL
www.globalsources.com/
asthamangal.co
Address
Bafal, Katmandu, Bagmati, Nepal
Asthamangal was established in 2006.
The supplier generates $700,000 in
total annual revenue.
The entire output in the line is sent
abroad. The US accounts for three-
fifths of exports. The EU takes up
20 percent of shipments. The rest is
absorbed by Australia, Singapore, South
Korea, Taiwan, Russia, and Bosnia and
Herzegovina.
The majority of orders are under ODM
basis.
Quotes are $2 to $160, depending on
the product type, components used,
size and design complexity. Woolen
winter hats are offered for $2.50.
Knitted pullovers are available for $65.
Wool, cotton, fleece, polyester, velvet,
rayon, white metal and glass beads are
the materials used. They are purchased
from mainland China, Mongolia and
India.
The owner is the sole designer and
creates up to 300 new models every
year. Samples are usually provided
within three weeks.
Asthamangal operates a 230sqm
factory in Katmandu. Most
manufacturing processes are
subcontracted to local artisans.
The workshop can create 25,000 pieces
every month. The average monthly
output is 12,000 pieces.
There are five permanent and 150 part-
time employees. A three-member QC
team checks all finished items.
Polybags and cartons are normally
used as packaging. The minimum order
requirement is usually 50 pieces.
Asthamangal is a member of the Nepal
Chamber of Commerce. The supplier
plans to expand its market presence in
the US in the year ahead.
Sam
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e
m
pablished 20ed
ad office locationffice location
OwnershipOwnership
Factory location(s)Factory location(s)
Full-time employeesFull-time emp
Part-time emploPart-tim
Total annuaTotal a
on y
ct
10
ags & wallets 40%wallets 4
wear & neckwear 40%neckwear 40
Gloves & hosiery 10%& hosiery 10
Exports by marketExports by mar
North AmericaNorth Americ
EUU
Europe (no
Asia-Pa
M
ormally
minimum ordermum order
ally 50 pieces.ces
gal is a member of the Nepala member of the Nepal
ber of Commerce. The supplierCommerce. The supplier
ans to expand its market preseand its market
the US in the year ahead.US in the year ahea
INQUIRE NOW

7. www.ChinaSourcingReports.com 31
Supplier ProfileExecutive Sum-Supplier Profiles
Popular export models
Model AMH002
MOQ 10 pieces
Packaging Polybag, carton
Delivery 45 days
Price $39
Description Necklace; white metal; coral
and turquoise trimmings;
in various colors and sizes
Model AMH004
MOQ 6 pieces
Packaging Polybag, carton
Delivery 45 days
Price $12
Description Bracelet; white metal; floral
motif; 2.5in diameter
Model AMH003
MOQ 10 pieces
Packaging Polybag, carton
Delivery 45 days
Price $39
Description Necklace; white metal; coral
and turquoise trimmings;
in various colors and sizes
Model AMH001
MOQ 50 pieces
Packaging Polybag, carton
Delivery 45 days
Price $1.75
Description Bangle; plastic beads;
in various colors and sizes
Model AMH007
MOQ 12 pieces
Packaging Polybag, carton
Delivery 45 days
Price $7
Description Necklace; plastic beads;
in various colors and sizes
Model AMH005
MOQ 12 sets
Packaging Polybag, carton
Delivery 45 days
Price $9.20
Description Necklace pendant set;
two pieces; white metal;
conch shell and turquoise
trimmings; 3cm diameter
Sam
ple page only
le p
pll
eace; white metal; coralmetal; coral
and turquoise trimmings;quoise trimmings;
in various colors and sizesus colors and sizes
Modeldel AMH003AMH
MOQQ 10 piece
Packagingging Poly
DeliveryD
PriceP
Desc

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