Global Leather Goods Market Growth 2023-2029
Leather Goods is a general designation for the products that are made from leather, which include a wide range of goods, such as sofa, leather chairs, leather handbag, luggage and wallet, etc. In a broader sense, this kind of goods also includes leather clothing, shoes, briefcase, etc.
Since this category of goods involves a large scale of types, this report will separately research on them, and it can basically divided into the following as leather gloves, shoes, clothing, leather products for Vehicle upholstery, furniture, luggage, decoration and others.
The material, leather, also include a wide range of resource. It is made by tanning of animal skin and rawhide. Leather also has a wide material resource, including cowhide, buffalo hide, hog skin, goat and sheep skin, deer skin, and other large amount origins of animal skins. The range of synthetic materials used in the leather goods industry is very wide.
LPI (LP Information)' newest research report, the “Leather Goods Industry Forecast” looks at past sales and reviews total world Leather Goods sales in 2022, providing a comprehensive analysis by region and market sector of projected Leather Goods sales for 2023 through 2029. With Leather Goods sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Leather Goods industry.
This Insight Report provides a comprehensive analysis of the global Leather Goods 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 Goods portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Leather Goods market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Leather Goods 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 Goods.
The global Leather Goods market size is projected to grow from US$ 367400 million in 2022 to US$ 686270 million in 2029; it is expected to grow at a CAGR of 686270 from 2023 to 2029.
Asia-Pacific is the largest region of Leather Goods, with a market share about 40%, followed by Europe and North America, etc. LVMH, Kering, Tapestry, Hermes and Burberry are the top 5 manufacturers of industry, and they had less than 10% combined market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Leather Goods market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Natural Leather Goods
Artificial Leather Goods
Segmentation by application
Footwear
Gloves
Clothing
Vehicle Upholstery
Furniture Upholstery
Luggage and Other Leather Goods
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.
LVMH
Kering
Tapestry
Hermes
Burberry
Prada Group
Richemont Group
Belle
Natuzzi
Hugo Boss
Salvatore Ferragamo
CHANEL
AoKang
Red Dragonfly
Fossil Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Leather Goods market?
What factors are driving Leather Goods market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Leather Goods market opportunities vary by end market size?
How does Leather Goods 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.
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