Market Overview

The Global Leather Goods Market was valued at USD 314,403.6 million in 2023 and is expected to reach USD 460,989.8 million by 2031 while growing at a CAGR of 4.9% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global leather goods market growth. The Leather Goods encompasses the manufacturing, distribution, and sale of items made from animal hides such as cattle, sheep, goats, and pigs. These products, known for their durability, quality, and aesthetic appeal, are highly sought after in fashion, accessories, and other industries.

Evolving fashion trends, along with consumer preferences and innovation in design and materials, drive the growth of the leather goods market. However, obstacles such as increasing awareness of ethical and environmental issues, along with regulatory compliance and animal welfare concerns, may impede market expansion.

Furthermore, the global leather goods industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Leather Goods Market is segmented among Footwear, Luggage, and Accessories, based on Product Type. In 2023, Footwear accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Distribution Channel Analysis

The Global Leather Goods Market is segmented among Offline Retail Stores, and Online Retail Stores, based on Distribution Channel. In 2023, Offline Retail Stores accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Leather Goods Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Kering SA, Hermes, Samsonite IP Holdings S.AR.L., Tapestry Inc., Adidas AG, Prada, LVMH, Capri Holdings Limited, Moncler SpA, and Compagnie Financiere Richemont SA.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Leather Goods Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Leather Goods Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Leather Goods Market Segmentation, By Product Type

• Global Leather Goods Market Share Analysis, By Product Type

• Global Leather Goods Market Growth Analysis, By Product Type

• Global Leather Goods Market Trends, By Product Type

o Footwear

o Luggage

o Accessories   

6. Global Leather Goods Market Segmentation, By Distribution Channel   

• Global Leather Goods Market Share Analysis, By Distribution Channel   

• Global Leather Goods Market Growth Analysis, By Distribution Channel   

• Global Leather Goods Market Trends, By Distribution Channel    

o Offline Retail Stores

o Online Retail Stores  

7. Global Leather Goods Market Segmentation, By Region

• Global Leather Goods Market Share Analysis, By Region

• Global Leather Goods Market Growth Analysis, By Region

• Global Leather Goods Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Kering SA*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Hermes

• Samsonite IP Holdings S.AR.L.

• Tapestry Inc.

• Adidas AG

• Prada

• LVMH

• Capri Holdings Limited

• Moncler SpA

• Compagnie Financiere Richemont SA  

 *Similar analysis will be provided for each company listed above.