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Leather Goods Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published Jun 01, 2024
Length 227 Pages
SKU # FOB18838634

Description

Leather Goods Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Leather goods Market

The leather goods market size was valued at USD 440.64 billion in 2022, and the market is now projected to grow from USD 468.49 billion in 2023 to USD 738.61 billion by 2030, exhibiting a CAGR of 6.7% during the forecast period of 2023-2030.

The COVID-19 pandemic expressively impacted the worldwide economy and multiple trades. Further resulting in lockdowns and limitations the governments forced around the world to manage the spread of infection. These government limitations and guidelines further stopped the industries as all the trade units apart from essential goods were closed down.

Luxury goods have witnessed an upsurge in demand in recent years due to the business's fast digital transformation and the number of innovative product introductions. The developing market, is a substantial growth provider. The rising occurrence of innovative natural leather as a luxury product and the growth in the use of original leather in style events and by stylists are further driving the global leather goods market growth.

Awareness of ecological and cruelty-free products has increased exponentially in recent years. Consequently, customers are becoming more aware of their choices, particularly when purchasing products that are animal-based or have caused destruction to animals during their production. The mounting use of synthetic leather in the automotive, apparel, and furniture industries is motivating the development of synthetic leather.

Comprehensive Analysis of Leather goods Market

The market can be segmented in various ways depending on the focus of study such as by end users and by application. Based on the source, the market is segmented into full-grain leather and synthetic leather.By product, the market is segmented into footwear, apparel, luggage, and others.By end-user, the market is segmented into men, women, and kids.

Asia Pacific region is dominating the leather goods market share due to extremely varied user base with a mounting demand for footwear. Also, the upsurge in disposable income, development, service opportunities and others are anticipated to motivate the market development.

The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and growing market share by merger, partnerships and others. These players include

Hermes International (France), LVMH Moët Hennessy Louis Vuitton (France), Kering (France), Prada (Italy), Capri Holdings (U.S.), Vf Corporation (U.S.), Kuraray Co., Ltd. (Japan), H.R. Polycoats Pvt. Ltd. (India), Adriano Di Marti (Mexico), Broke Mate (India) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.

In October 2021, Roots has declared the inauguration of new limited-edition leather jackets and handbags in partnership with Revolutionnaire. These products give emphasis to inclusivity and social justice, targeting to appeal to a larger audience.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 6.7% over 2023 to 2030

Unit Value (USD Billion)

By Source Full Grain Leather

Synthetic Leather

By Product Apparel

Luggage

Footwear

Others

By End-user Men

Women

Kids

By REGION North America (By Source, Product, End-user, and Country)

U.S. (By Source)

Canada (By Source)

Mexico (By Source)

Europe (By Source, Product, End-user, and Country)

Germany (By Source)

U.K. (By Source)

France (By Source)

Italy (By Source)

Spain (By Source)

Rest of Europe (By Source)

Asia Pacific (By Source, Product, End-user, and Country)

China (By Source)

India (By Source)

Japan (By Source)

Australia (By Source)

Rest of Asia Pacific (By Source)

South America (By Source, Product, End-user, and Country)

Brazil (By Source)

Argentina (By Source)

Rest of South America (By Source)

Middle East and Africa (By Source, Product, End-user, and Country)

South Africa (By Source)

UAE (By Source)

Rest of Middle East & Africa (By Source)


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Table of Contents

227 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Key Insights
4.1. Overview of the Parent/Related Markets
4.2. Regulatory Landscape
4.3. Industry SWOT Analysis
4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
4.5. Impact of COVID on Supply Chain of the Leather Goods Market
4.5.1. Impact of COVID-19
4.5.2. Supply Chain Challenges
4.5.3. Potential Opportunities due to COVID-19
5. Global Leather Goods Market Analysis, Insights and Forecast, 2019 – 2030
5.1. Key Findings / Summary
5.2. Market Size Estimates and Forecast
5.2.1. By Source
5.2.1.1. Full Grain Leather
5.2.1.2. Synthetic Leather
5.2.2. By Product
5.2.2.1. Apparel
5.2.2.2. Luggage
5.2.2.3. Footwear
5.2.2.4. Others
5.2.3. By End User
5.2.3.1. Men
5.2.3.2. Women
5.2.3.3. Kids
5.2.4. By Region
5.2.4.1. North America
5.2.4.2. Europe
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa
6. North America Leather Goods Market Analysis, Insights and Forecast, 2019 – 2030
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Source (Value)
6.2.1.1. Full Grain Leather
6.2.1.2. Synthetic Leather
6.2.2. By Product (Value)
6.2.2.1. Apparel
6.2.2.2. Luggage
6.2.2.3. Footwear
6.2.2.4. Others
6.2.3. By End User (Value)
6.2.3.1. Men
6.2.3.2. Women
6.2.3.3. Kids
6.2.4. By Country (Value)
6.2.4.1. U.S
6.2.4.1.1. By Source (Value)
6.2.4.1.1.1. Full Grain Leather
6.2.4.1.1.2. Synthetic Leather
6.2.4.2. Canada
6.2.4.2.1. By Source (Value)
6.2.4.2.1.1. Full Grain Leather
6.2.4.2.1.2. Synthetic Leather
6.2.4.3. Mexico
6.2.4.3.1. By Source (Value)
6.2.4.3.1.1. Full Grain Leather
6.2.4.3.1.2. Synthetic Leather
7. Europe Leather Goods Market Analysis, Insights and Forecast, 2019 – 2030
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Source (Value)
7.2.1.1. Full Grain Leather
7.2.1.2. Synthetic Leather
7.2.2. By Product (Value)
7.2.2.1. Apparel
7.2.2.2. Luggage
7.2.2.3. Footwear
7.2.2.4. Others
7.2.3. By End User (Value)
7.2.3.1. Men
7.2.3.2. Women
7.2.3.3. Kids
7.2.4. By Country (Value)
7.2.4.1. U.K.
7.2.4.1.1. By Source (Value)
7.2.4.1.1.1. Full Grain Leather
7.2.4.1.1.2. Synthetic Leather
7.2.4.2. France
7.2.4.2.1. By Source (Value)
7.2.4.2.1.1. Full Grain Leather
7.2.4.2.1.2. Synthetic Leather
7.2.4.3. Germany
7.2.4.3.1. By Source (Value)
7.2.4.3.1.1. Full Grain Leather
7.2.4.4. Italy
7.2.4.4.1. By Source (Value)
7.2.4.4.1.1. Full Grain Leather
7.2.4.4.1.2. Synthetic Leather
7.2.4.5. Spain
7.2.4.5.1. By Source (Value)
7.2.4.5.1.1. Full Grain Leather
7.2.4.5.1.2. Synthetic Leather
7.2.4.6. Rest of Europe
7.2.4.6.1. By Source (Value)
7.2.4.6.1.1. Full Grain Leather
7.2.4.6.1.2. Synthetic Leather
8. Asia Pacific Leather Goods Market Analysis, Insights and Forecast, 2019 – 2030
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Source (Value)
8.2.1.1. Full Grain Leather
8.2.1.2. Synthetic Leather
8.2.2. By Product (Value)
8.2.2.1. Apparel
8.2.2.2. Luggage
8.2.2.3. Footwear
8.2.2.4. Others
8.2.3. By End User (Value)
8.2.3.1. Men
8.2.3.2. Women
8.2.3.3. Kids
8.2.4. By Country (Value)
8.2.4.1. China
8.2.4.1.1. By Source (Value)
8.2.4.1.1.1. Full Grain Leather
8.2.4.1.1.2. Synthetic Leather
8.2.4.2. Japan
8.2.4.2.1. By Source (Value)
8.2.4.2.1.1. Full Grain Leather
8.2.4.2.1.2. Synthetic Leather
8.2.4.3. India
8.2.4.3.1. By Source (Value)
8.2.4.3.1.1. Full Grain Leather
8.2.4.3.1.2. Synthetic Leather
8.2.4.4. Australia
8.2.4.4.1.
8.2.4.4.1.1. Full Grain Leather
8.2.4.4.1.2. Synthetic Leather
8.2.4.5. Rest of Asia Pacific
8.2.4.5.1. By Source (Value)
8.2.4.5.1.1. Full Grain Leather
8.2.4.5.1.2. Synthetic Leather
9. South America Leather Goods Market Analysis, Insights and Forecast, 2019 – 2030
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Source (Value)
9.2.1.1. Full Grain Leather
9.2.1.2. Synthetic Leather
9.2.2. By Product (Value)
9.2.2.1. Apparel
9.2.2.2. Luggage
9.2.2.3. Footwear
9.2.2.4. Others
9.2.3. By End User (Value)
9.2.3.1. Men
9.2.3.2. Women
9.2.3.3. Kids
9.2.4. By Country (Value)
9.2.4.1. Brazil
9.2.4.1.1. By Source (Value)
9.2.4.1.1.1. Full Grain Leather
9.2.4.1.1.2. Synthetic Leather
9.2.4.2. Argentina
9.2.4.2.1. By Source (Value)
9.2.4.2.1.1. Full Grain Leather
9.2.4.2.1.2. Synthetic Leather
9.2.4.3. Rest of South America
9.2.4.3.1. By Source (Value)
9.2.4.3.1.1. Full Grain Leather
9.2.4.3.1.2. Synthetic Leather
10. Middle East & Africa Leather Goods Market Analysis, Insights and Forecast, 2019 – 2030
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Source (Value)
10.2.1.1. Full Grain Leather
10.2.1.2. Synthetic Leather
10.2.2. By Product (Value)
10.2.2.1. Apparel
10.2.2.2. Luggage
10.2.2.3. Footwear
10.2.2.4. Others
10.2.3. By End User (Value)
10.2.3.1. Men
10.2.3.2. Women
10.2.3.3. Kids
10.2.4. By Country (Value)
10.2.4.1. South Africa
10.2.4.1.1. By Source (Value)
10.2.4.1.1.1. Full Grain Leather
10.2.4.1.1.2. Synthetic Leather
10.2.4.2. UAE
10.2.4.2.1. By Source (Value)
10.2.4.2.1.1. Full Grain Leather
10.2.4.2.1.2. Synthetic Leather
10.2.4.3. Rest of Middle East & Africa
10.2.4.3.1. By Source (Value)
10.2.4.3.1.1. Full Grain Leather
10.2.4.3.1.2. Synthetic Leather
11. Competitive Matrix
11.1. Business Strategies Adopted by Leading Players
11.2. Global Leather Goods Market Revenue Share/Ranking Analysis, By Key Manufacturer
12. Company Profiles
12.1. Hermes International
12.1.1. Overview
12.1.2. Description
12.1.3. Product Portfolio
12.1.4. Financials (Data as available in public domain and/or on paid databases)
12.1.5. Recent Developments
12.2. LVMH Moët Hennessy Louis Vuitton
12.2.1. Overview
12.2.2. Description
12.2.3. Product Portfolio
12.2.4. Financials (Data as available in public domain and/or on paid databases)
12.2.5. Recent Developments
12.3. Kering
12.3.1. Overview
12.3.2. Description
12.3.3. Product Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent Developments
12.4. Prada
12.4.1. Overview
12.4.2. Description
12.4.3. Product Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent Developments
12.5. Capri Holdings
12.5.1. Overview
12.5.2. Description
12.5.3. Product Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent Developments
12.6. Vf Corporation
12.6.1. Overview
12.6.2. Description
12.6.3. Product Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent Developments
12.7. Kuraray Co., Ltd.
12.7.1. Overview
12.7.2. Description
12.7.3. Product Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent Developments
12.8. H.R. Polycoats Pvt. Ltd
12.8.1. Overview
12.8.2. Description
12.8.3. Product Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent Developments
12.9. Adriano Di Marti
12.9.1. Overview
12.9.2. Description
12.9.3. Product Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent Developments
12.10. Broke Mate
12.10.1. Overview
12.10.2. Description
12.10.3. Product Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent Developments
13. Strategic Recommendations
14. Appendix

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