Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global Leather Goods Market Research and Forecast Report 20232028
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Author: Elena Anderson Marketing Manager
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Global Leather Goods Market Research Report 2023-2028:
According to the latest report by IMARC Group, titled " Leather Goods Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 -2028
," the global leather goods market size reached US$ 370.5 Billion in 2022.
Leather refers to the durable material that is obtained by tanning skins and rawhide of numerous animals, such as cattle, sheep and goats. The process of tanning aids in stabilizing the collagen of the rawhide, which improves its thermal, chemical and microbiological stability and makes it suitable for a vast array of applications.
Leather is utilized to manufacture numerous goods, such as bags, footwear, belts, watches and garments, due to its enhanced strength, durability and flexibility. Leather is also dust-, fire-, crackand water-proof in nature, which has led to its widespread utilization for the production of sports equipment and automotive upholstery.
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Global Leather Goods Market Trends:
The market is primarily driven by the increasing demand for long-lasting luggage products by travelers. Since leather luggage products are extremely functional while being resistant to dust and water, they are widely used by individuals to protect their belongings and electronic gadgets while traveling. Along with this, the inflating disposable income levels of the masses and the shifting focus toward unique and stylish products are also providing an impetus to the market growth. Moreover, the escalating sales of numerous leather products through e-commerce retail channels are acting as a major growth growthinducing factor. Since these online portals offer a wide set of options to users to choose from with varied price ranges and attractive discounts, they are gaining widespread prominence across the globe. Furthermore, numerous key players are utilizing advanced technologies, including automated cutting processes, for manufacturing these goods to offer vast varieties and customization options to end users. They are also introducing goods made from bio-based leather that offers improved scratch resistance with a softer surface when compared with synthetic leather. Increasing fashion consciousness among the masses and an enhanced focus toward sustainability are consequently facilitating the uptake of these goods.
Looking forward, the market is expected to grow at a CAGR of 4.7% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/leather-goods-market
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Key Market Segmentation
The research report includes the following segments:
Breakup by Product:
• Footwear
o Military Shoes
o Casual Shoes
o Formal Shoes
o Sports Shoes
o Others
• Leather Products
o Upholstery
o Luggage
o Accessories
o Clothing and Apparel
o Bags, Wallets and Purses
o Others
Breakup by Material:
• Genuine Leather
o Top-grain Leather
o Split-grain Leather
• Synthetic Leather
o PU-Based Leather
o PVC-Based Leather
o Bio-Based Leather
Breakup by Price:
• Premium Products
• Mass Products
Breakup by Distribution Channel:
• Clothing and Sportswear Retailers
• Departmental Stores
• Supermarkets and Hypermarkets
• Online Stores
• Others
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Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape with Key Players:
• Adidas AG
• American Leather Holdings LLC
• Capri Holdings Limited
• Hermès International S.A
• Kering S.A
• LVMH
• Prada S.p.A. (Prada Holding S.P.A)
• Puma SE
• Tapestry Inc
• VIP Industries (Piramal Group)
• Woodland (Aero Group)
Report Description Report Description and Highlights
1. What was the size of the global leather goods market in 2022?
2. What is the expected growth rate of the global leather goods market during 2023-2028?
3. What are the key factors driving the global leather goods market?
4. What has been the impact of COVID-19 on the global leather goods market?
5. What is the breakup of the global leather goods market based on the product?
6. What is the breakup of the global leather goods market based on the material?
7. What are the key regions in the global leather goods market?
8. Who are the key players/companies in the global leather goods market?
the
Report Description Key Questions Answered in
Report
Report Description Table of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Leather Goods Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast
6.2.2.3
6.2.2.4
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6 Market Breakup by Product 6.1 Footwear 6.1.1 Market Trends 6.1.2 Major Types
Military Shoes
Casual Shoes
Formal Shoes
Sports Shoes
Others
Market Forecast
Leather Products 6.2.1 Market Trends
Major Types
Upholstery
Luggage
Report Description Table of Contents
6.1.2.1
6.1.2.2
6.1.2.3
6.1.2.4
6.1.2.5
6.1.3
6.2
6.2.2
6.2.2.1
6.2.2.2
Accessories
Clothing and Apparel
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