Global Leather and Allied Products Market Growth 2023-2029
Leather and allied product manufacturing establishments are engaged in tanning or curing of hide into leather and using it in the manufacture of footwear, handbags, purse and other leather products. It also includes the manufacture of similar products with substitute materials such as plastics, rubber or textiles.
LPI (LP Information)' newest research report, the “Leather and Allied Products Industry Forecast” looks at past sales and reviews total world Leather and Allied Products sales in 2022, providing a comprehensive analysis by region and market sector of projected Leather and Allied Products sales for 2023 through 2029. With Leather and Allied Products sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Leather and Allied Products industry.
This Insight Report provides a comprehensive analysis of the global Leather and Allied Products landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Leather and Allied Products portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Leather and Allied Products market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Leather and Allied Products and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Leather and Allied Products.
The global Leather and Allied Products market size is projected to grow from US$ 367400 million in 2022 to US$ 678100 million in 2029; it is expected to grow at a CAGR of 678100 from 2023 to 2029.
In general, leather is produced in the following grades: Top-grain leather, Split leather, Patent leather and Bonded leather. Top-grain leather includes the outer layer of the hide, known as the grain, which features finer, more densely packed fibers, resulting in strength and durability. Depending on thickness, it may also contain some of the more fibrous under layer, known as the corium. Split leather is created from the corium left once the top-grain has been separated from the hide, known as the drop split. In thicker hides, the drop split can be further split into a middle split and a flesh split. Splits are often used to create suede. Split leather can also have a polyurethane or vinyl layer applied to the surface and embossed to give it the appearance of a grain, known as bicast leather, which is slightly stiffer than top-grain leather but has a more consistent texture. Patent leather is leather that has been given a high-gloss finish by the addition of a coating. Modern versions usually have a plastic coating, similar to bicast leather. Bonded leather, also called reconstituted leather, is a material that uses leather scraps that are shredded and bonded together with polyurethane or latexonto a fiber mesh. The amount of leather fibers in the mix varies from 10% to 90%, affecting the properties of the product.
This report presents a comprehensive overview, market shares, and growth opportunities of Leather and Allied Products market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Top-grain Leather
Split Leather
Patent Leather
Others
Segmentation by application
Automotive
Furniture
Clothing & Accessories
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nike
Gap
Christian Dior
Adidas
Ralph Lauren
Kering
Levis
Prada
Michael Kors
Asics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Leather and Allied Products market?
What factors are driving Leather and Allied Products market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Leather and Allied Products market opportunities vary by end market size?
How does Leather and Allied Products break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.