APAC Leather Goods Market - Industry Trends and Forecast to 2030
Asia-Pacific leather goods market is projected to register a CAGR of 7.3% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation
Asia-Pacific Leather Goods Market, By Leather Type (Full Grain Leather, Split Grain Leather, Top Grain Leather, Genuine Leather, Faux Leather, and Bonded Leather), Product (Footwear, Handbags, Apparel, Luggage, Wallets, Belts, and Others), Grade (High-Grade and Mid-Grade), Distribution Channel (Specialty Stores, Company Franchised Stores, E-Commerce, Supermarkets/Hypermarkets, and Others), Country (Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia, and Rest of Asia-Pacific) Industry Trends and Forecast to 2030
Some of the major factors contributing to the growth of the Asia-Pacific leather goods market are:
• Increase in the demand for premium and high-quality luxury leather products
• Rise in the demand for comfortable, trendy, fancy apparel, footwear, and accessories
Market Players
The key players operating in the Asia-Pacific leather goods market are:
• TBL Licensing LLC (A Subsidiary of VF Corporation)
• CAPRI HOLDINGS LIMITED
• Hermès
• KERING
• PRADA S.P.A.
• Kiton
• American Leather
• Aero Leather Clothing
• JOHNSTON & MURPHY (A Subsidiary of Genesco)
• NAPPA DORI
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