Argentina Leather Goods Market Overview, 2028

Argentina Leather Goods Market Overview, 2028

At the time, Argentina had a large and growing cattle industry, and the demand for leather goods was high. Local artisans began producing leather products such as saddles, harnesses, and boots, which were used by farmers, cowboys, and other rural workers. In the early 20th century, as Argentina's economy grew and urbanisation increased, the demand for leather goods expanded beyond the rural market. Leather products became increasingly popular in the cities, and new types of products, such as handbags and shoes, were introduced. During the mid-20th century, the Argentine leather industry experienced a period of rapid growth and modernization, thanks in part to government policies that promoted industrial development. Many new tanneries and leather goods factories were established, and Argentina became known for its high-quality leather products, particularly those made from cowhide. The Argentine leather goods industry remains an important part of the country's economy, and the country is known for producing high-quality leather products that are sold around the world.

According to the research report ""Argentina Leather Goods Market Overview, 2028,"" published by Bonafide Research, the Argentina leather goods market is projected to reach a market size of above USD 4 Billion by 2028. Argentina has a long history of producing high-quality leather products. This tradition has helped establish the country as a good player in the leather goods market. Also, there is an increasing demand for leather goods in Argentina as consumers seek out high-quality, durable, and fashionable products. Based on the report, the leather material types include genuine leather and synthetic leather. In Argentina, genuine leather is leading the leather market. It has the highest market shares in the country. Argentina has a reputation for producing high-quality leather due to the use of natural resources, traditional techniques, and skilled craftsmanship. This can drive demand for Argentina-made products among consumers who value quality and durability. Argentina has a strong fashion and design industry that incorporates leather into many products, such as clothing, accessories, and home decor. This can drive demand for Argentina-made products among fashion-conscious consumers who are looking for unique and stylish leather products. The Argentine leather industry is committed to sustainable practises, such as reducing waste and using natural tanning methods. This can be a driver for consumers, who are increasingly concerned about the environmental impact of their purchases.

Argentina has implemented various restrictions on the leather market in recent years to protect local manufacturers and prevent the import of counterfeit goods. Argentina has implemented quotas on the import of leather goods, limiting the amount that can be imported from other countries. It has also increased tariffs on leather goods to discourage imports and support local manufacturers. Argentina has restricted the export of certain types of leather, such as wet-blue hides, to ensure that enough raw materials are available for domestic manufacturers. Argentina requires certification of the origin and quality of leather imports to prevent the import of counterfeit goods. The country has implemented anti-dumping measures to prevent the import of leather goods at below-market prices. These restrictions have helped to protect the local leather industry in Argentina, but they have also made it more difficult for foreign companies to enter the market.

Based on the product types, they include footwear, handbags, small leather goods and accessories, apparel, home décor and furnishing, pet accessories, automotive accessories, and luggage bags. In the country, footwear covers the largest market shares. In addition to the country's expertise in leather production, there is also a cultural preference for leather footwear in Argentina. Many Argentinians value the durability and style of leather footwear, and it is often seen as a high-quality and fashionable choice. This has contributed to the high demand for leather footwear in the market, which in turn has led to the highest market share in the leather goods industry. In the future, the handbag will grow at the highest CAGR rate. Based on the distribution channel, it includes specialty stores, supermarkets and hypermarkets, brand outlets, online stores, and others. In Argentina, specialty stores are leading the leather goods market. Top specialty stores are Prune, Kosiuko, Ricky Sarkany, Vitamina, and La Martina. In the future, the online store segment will grow at the highest CAGR rate. Top online stores available in Argentina's leather goods market are Prüne, Viamo, Mishka, Renzo Costa, and Tach Clothing.

Considered in this report
• Geography: Argentina
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Argentina Leather Goods market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type
• Genuine Leather
• Synthetic Leather

By Product
• Footwear
• Handbags
• Small Leather Goods/ Accessories
• Apparel
• Home Décor and Furnishing
• Pet Accessories
• Automotive Accessories
• Luggage & bags

By Distribution Channel
• Speciality Store
• Supermarkets and Hypermarkets
• Brand Outlets
• Online Stores
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Leather Goods industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.