Global Exotic Leather Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Exotic Leather Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Exotic leathers are either made from relatively rare animal species or from skin parts of animals that are rarely processed into leather. Some exotic leathers are protected by the CITES (Convention on International Trade in Endangered Species of wild fauna and flora). Crocodile or snake skin leathers are commonly addressed as leather. However, other exotic leathers like fish leather, leather from chicken legs or from cow belly/stomach also exist. Depending on the culture, the definition of exotic leather, can differ.

Market Overview:

The latest research study on the global Exotic Leather market finds that the global Exotic Leather market reached a value of USD 1094.13 million in 2022. It’s expected that the market will achieve USD 806.99 million by 2028, exhibiting a CAGR of -4.95% during the forecast period.

Exotic Leather is an all inclusive term that really means any leather that isn’t made out of cowhide. Now that could be a lot of things, but the most common exotic leathers are moose, snake, alligator and crocodile, ostrich, wildebeest, stingray, and buffalo(bison). It is less common, but still totally possible to find lizard, kangaroo, shark, elephant, hippopotamus and many others.

For men's and women's garments and accessories, reptile leather will become one of the important trends in autumn and winter. This exotic leather is mainly used in bags, belts, shoes, jackets and even furniture. In addition, in recent years, with the vigorous development of China's economy, the wealthy class in China has further expanded. They have shown strong purchasing power in exotic leather market. This will promote the growth of exotic leather market.

However, due to climate change and humanitarian concern, consumers and luxury clothing manufacturers try to make further use of clean and sustainable leather products. Luxury leather industry's interest in innovative technologies such as vegetarianism (cactus, mushroom, apple, grape and pineapple peel) or recycled leather will lead the leather market. More environmentally friendly and sustainable materials will be more attractive to a new generation of luxury goods manufacturers and consumers. At the same time, most shoppers will try to change their consumption.

Market Drivers

The definition of exotic can differ from one country to the next. A country may not allow the harvesting of certain species that its culture considers exotic. Another country may restrict the trade of specific animals believed to be endangered in its natural habitat. Some exotic animals may not be recognized by another country. All these discrepancies can mean that not all exotic leathers are legal throughout the world.

Market Constraints

The demand for leather is usually met by animal skins, which account for 90% of the world's meat production. Exotic leather is either made of relatively rare animal species or animal skin parts that are rarely processed into leather. Exotic leather is one of the pillars of the luxury goods industry. However, it has been severely examined and criticized by animal protection organizations and relevant departments in recent years because of its unsustainability and ruthlessness.

Region Overview:

From 2022-2027, Europe is estimated to witness robust growth prospects

Company Overview:

Heng Long International Ltd is one of the major players operating in the Exotic Leather market, holding a share of 12.55% in 2021.

Heng Long International Ltd

Heng Long International Limited owns and operates tanneries of crocodilian skins and leather. The Company supplies its products to the luxury and fashion industry.

Groupe Hcp

The Hcp group is a supplier of premium leather and is specialized in the tanning and sale of exotic leather. GroupeHcp’s companies Compagnie des Cuirs Précieux (Paris), Louisiane (Milan) and Reptile Tannery of Louisiana (Lafayette) are able to offer you a vast selection of exotic leathers produced in one of our four tanneries.

Segmentation Overview:

Among different product types, Crocodile segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Bags segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Exotic Leather market covered in Chapter 3:

AmericanTanning&Leather
France Croco
GroupeHcp
TopCroc
HengLongInternationalLtd
Beynat&Janniaux
Padenga
Cape Karoo International
KHATOCO
PanAmericanLeathers,Inc
Caravel Pelli Pregiate
RojéLeather

In Chapter 4 and Chapter 14.2, on the basis of types, the Exotic Leather market from 2018 to 2029 is primarily split into:

Lizard
Ostrich
Crocodile
Snake

Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Exotic Leather market from 2018 to 2029 covers:

Bags
Clothes
Shoes

Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)