Global Leather And Allied Products Market 2024-2028
The leather and allied products market is forecasted to grow by USD 119.8 bn during 2023-2028, accelerating at a CAGR of 5.13% during the forecast period. The report on the leather and allied products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high influence of celebrity endorsements on purchase decisions, increase in online retail sales of leather products, and design and material innovation leading to product premiumization.
Technavio's leather and allied products market is segmented as below:
By Product
- Footwear
- Luggage, bags, wallets and purses
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the advancement in manufacturing technology as one of the prime reasons driving the leather and allied products market growth during the next few years. Also, increased demand for organic leather products and personalization and customization of leather products will lead to sizable demand in the market.
The report on the leather and allied products market covers the following areas:
- Leather and allied products market sizing
- Leather and allied products market forecast
- Leather and allied products market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading leather and allied products market vendors that include Adidas AG, ASICS Corp., Belmarel srl, Capri Holdings Ltd., Chanel Ltd., Christian Dior SE, Fast Retailing Co. Ltd., Furgamurga, Hennes and Mauritz AB, Hermes International SA, Industria de Diseno Textil SA, Kering SA, Levi Strauss and Co., LVMH Group., Nike Inc., Nordstrom Inc., Prada Spa, PVH Corp., Ralph Lauren Corp., and The Gap Inc.. Also, the leather and allied products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.