United States (USA) Leather Goods Market Overview, 2028

United States (USA) Leather Goods Market Overview, 2028

Leather has been an important material in the United States since its earliest days. Native American tribes used animal hides for clothing and shelter. As the country grew and developed, the leather industry became an important part of the economy. In the early days of the United States, leather was primarily tanned by individual craftsmen who operated small workshops. These craftsmen would tan hides using traditional methods, such as soaking the hides in vats of bark or other natural tanning agents. Leather was used for a variety of products, including clothing, shoes, saddles, and harnesses. As the country grew and industrialised, the leather industry became more centralised and mechanised. In the mid-19th century, tanneries began to use steam-powered machinery to process hides more efficiently. Large tanneries began to spring up in urban areas, such as New York City and Chicago. During the Civil War, the demand for leather increased dramatically as it was used for military equipment such as saddles, harnesses, and boots. After the war, the leather industry continued to grow as the country expanded westward and demand for leather goods increased. In the early 20th century, the leather industry faced competition from synthetic materials such as rubber and plastic. However, leather remained an important material for many products, including shoes, belts, and leather jackets. The leather industry in the United States is still a major contributor to the economy. The industry has evolved to include a wide range of products, from luxury leather goods to industrial leather for use in machinery and equipment. The United States is home to many large tanneries and leather manufacturers, and American-made leather products continue to be in high demand both domestically and internationally.

According to the research report ""USA Leather Goods Market Overview, 2028,"" published by Bonafide Research, the USA leather goods market is projected to reach a market size of above USD 106 Billion by 2028. The popularity of leather goods is often driven by fashion trends. When celebrities and influencers are seen wearing leather jackets, footwear, or bags, it can lead to a surge in demand for those products. In the USA, the appeal of leather items, a mainstay of fashion, is impacted by shifting fashion trends. Customers are drawn to leather goods that are stylish and current as new designs and trends develop. The USA is a popular destination for international tourists, and many of these visitors are looking to purchase high-quality leather products as souvenirs. This has created a growing demand for leather goods in tourist hotspots like New York City and Los Angeles. Based on the leather types, segments include genuine leather and synthetic leather. In the USA, genuine leather has the highest market share. Genuine leather in the USA is made from cowhide, sheepskin, pigskin, exotic skins, and buffalo hide. Consumers are becoming more aware of the environmental impact of their purchases, and there is a growing demand for leather products that are made from sustainable and ethically sourced materials. Companies that prioritise sustainability and ethical sourcing are gaining popularity among consumers.

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 and bags. In the USA, footwear has the highest market share in the country. Leather footwear is popular for both men and women and is worn in a variety of styles, from rugged work boots to sleek ankle boots. Cowboy boots are also popular in some regions of the USA. For formal occasions, leather dress shoes are a must-have. They come in a variety of styles, from classic oxfords to more modern designs, and are typically made from high-quality leather. In the future, the lather handbag will grow at the highest CAGR rate in the USA. In the country, leather handbags are a classic accessory that never goes out of style. However, the industry is also evolving, and designers are introducing new styles and designs that appeal to modern consumers. The USA exports leather goods to a variety of countries around the world, with some of the top destinations including Canada, Mexico, China, and Japan. Based on the distribution channel segment, this includes specialty stores, supermarkets and hypermarkets, brand outlets, online stores, and others. The specialty stores are leading the USA leather goods market. Some of the top specialty stores that provide leather goods in the USA are Coach, Frye, Allen Edmonds, Ghurka, and Shinola. In the USA, the top local manufacturers that provide a wide range of leather products are Saddleback Leather Company, Billykirk, Korchmar, Frank Clegg Leatherworks, and J.W. Hulme Co.

There are several leather goods market associations in the USA that aim to promote and support the leather industry. The Leather Goods Manufacturers Association of America (LGMMA) is a trade association that represents manufacturers of leather goods, including luggage, handbags, belts, and accessories. The association provides resources and networking opportunities for its members and also works to promote the industry and educate consumers about the benefits of leather goods. The Fashion Accessories Shippers Association (FASA) is a trade association that represents manufacturers, importers, and distributors of fashion accessories, including leather goods. The association provides networking and educational opportunities for its members and also works to promote the industry and advocate for its interests. The Tannery Industry National Environmental Coalition (TINEC) is a non-profit organisation that represents the interests of the tanning industry, which is an important part of the leather goods supply chain. The organisation works to promote environmentally responsible practises in the industry and also provides information and resources to its members. These associations play an important role in supporting and promoting the leather goods industry in the USA and provide valuable resources and networking opportunities for industry professionals.

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

Aspects covered in this report
• USA 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.