Leather Goods Market 2021-2026 Industry Size, Share, Growth, Trends and Forecast

“Leather Goods Market 2021-2026 Industry Size, Share, Growth, Trends and Forecast”

According to the latest IMARC Group report, the world leather goods market experienced moderate growth during the period 2015-2020. Looking ahead, the market is expected to grow at a CAGR of 5.5% during 2021-2026.

We regularly monitor the direct effect of COVID-19[female[feminine on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Leather goods refer to products made from the hides and skins of animals, such as cattle, buffaloes, sheep, goats and pigs. The raw material is treated with different chemicals to improve the durability, strength and flexibility of the leather. The processed leather is also used in the manufacture of shoes, clothing, harnesses, saddles, gloves, bracelets, belts, bags, watches, wallets and smartphone covers. Being very durable and resistant to fire, cracking, abrasion, dust, etc., leather is widely adopted for production sport equipment, clothing, and automotive upholstery.

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Market trends

The increase in consumers’ standard of living, supported by the increase in their disposable income, has stimulated the demand for high-end leather goods. In addition, the increasing focus of several manufacturers on providing unique and stylish products to expand their product portfolios and attract a large consumer base is also driving the market. The increasing adoption of advanced technologies including automated cutting in the leather production process has led to the emergence of custom leather items in the market. In addition to this, the expanding auto industry has also propelled the demand for automotive components made from leather. In addition, the high prevalence of sustainable and ethical fashion trends, along with the introduction of bio-based leather products, will continue to drive the global leather goods market.

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List of Key Companies Covered By This Market Report:

  • Adidas AG (ETR: ADS)
  • American Leather Holdings LLC
  • Capri Holdings Limited (NYSE: CPRI)
  • Hermès International SA (EPA: RMS)
  • Kering SA (EPA: KER)
  • LVMH (EPA: MC)
  • Prada SpA (Prada Holding SPA) (HKG: 1913)
  • Puma SE (ETR: PUM)
  • Tapestry Inc. (NYSE: TPR)
  • VIP Industries (Piramal Group) (NSE: VIPIND)
  • Woodland (Aero Group) (OTCMKTS: WDFN)

The report has segmented the market on the basis of product, material type, price, distribution channel, and geography.

Breakdown by product:

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  • Shoe
    • Military shoes
    • Casual shoes
    • Formal shoes
    • Sport shoes
    • Other
  • Other leather products
    • Tapestry
    • Luggage
    • Accessories
    • Clothes and accessories
    • Bags, wallets and handbags
    • Other

Breakdown by type of material:

  • real leather
    • Full grain leather
    • Split leather
  • Synthetic leather
    • PU leather
    • PVC-based leather
    • Bio-based leather

Breakdown by price:

  • High-end products
  • Mass products

Breakdown by distribution channel:

  • Clothing and sportswear retailers
  • Department stores
  • Supermarkets and hypermarkets
  • Online stores
  • Other

Distribution by geography:

  • North America (United States and Canada)
  • Europe (Germany, UK, France, Italy, Spain, Russia and others)
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Australia and others)
  • Latin America (Brazil, Mexico)
  • Middle East and Africa

Highlights of the report:

  • Market performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

Browse the associated report:

Men’s Clothing Market Report: https://www.imarcgroup.com/menswear-market

Children’s Clothing Market Report: https://www.imarcgroup.com/children-wear-market

Ecommerce Market Report: https://www.imarcgroup.com/e-commerce-market

Licensed Sporting Goods Market Report: https://www.imarcgroup.com/licensed-sports-merchandise-market

Eye Makeup Market Report: https://www.imarcgroup.com/eye-makeup-market

About Us

The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.

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