Global Leather Wallets and Purses Market to Reach $74.9 Billion by 2030
The global market for Leather Wallets and Purses estimated at US$48.7 Billion in the year 2023, is expected to reach US$74.9 Billion by 2030, growing at a CAGR of 6.3% over the period 2023-2030.
The U.S. Market is Estimated at $12.7 Billion, While China is Forecast to Grow at 9.5% CAGR
The Leather Wallets and Purses market in the U.S. is estimated at US$12.7 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$17.4 Billion by the year 2030 trailing a CAGR of 9.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 5.1% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.
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