Leather Goods Market

The global leather goods market grew at a CAGR of around 5% during 2014-2019. Leather goods are articles that are produced from the hides and skins of animals, such as cattle, buffaloes, sheep, goats and hogs. These raw materials are treated with different chemicals, including surfactants, tanning agents, solvents, dyes, oils and salts, to enhance the durability, strength and flexibility of the leather. They are further utilized in the manufacturing of leather goods, such as footwear, garments, harnesses, saddles, gloves, bracelets, belts, bags, watches, wallets and smartphone covers. Besides this, as leather is long-lasting, resistant to fire, crack and dust, it is widely utilized in the manufacturing of sports equipment and apparel, and automotive upholstery.

The growing population, in confluence with the inflating income levels of individuals, represents one of the key factors escalating the demand for leather goods around the world. Moreover, as these products are functional, comfortable and cost-effective, their sales are increasing worldwide. Furthermore, leading manufacturers are offering unique and stylish products to meet the demand from affluent consumers. They are adopting advanced technologies, such as the automated cutting process in their production process, to provide varieties and customization options. The growing automotive industry is also offering lucrative opportunities for market players to expand their consumer base. However, the rising sustainable and ethical fashion trends are significantly impacting the utilization of leather goods across the fashion industry. This trend is further supported by the introduction of bio-based leather, which is anticipated to replace conventional leather goods in the coming years. Looking forward, IMARC Group expects the global leather goods market to continue its moderate growth during the next five years.

Breakup by Product:

• Footwear
  • Military Shoes
  • Casual Shoes
  • Formal Shoes
  • Sports Shoes
  • Others
• Other Leather Products
  • Upholstery
  • Luggage
  • Accessories
  • Clothing & Apparel
  • Bags, Wallets and Purses
  • Others
     

Breakup by Material Type:

• Genuine Leather
  • Top-grain Leather
  • Split-grain Leather
• Synthetic Leather
  • PU-Based Leather
  • PVC-Based Leather
  • 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
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being 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) and Woodland (Aero Group).

Key Questions Answered in This Report:

• How has the global leather goods market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global leather goods market?
• What are the key regional markets?
• What is the breakup of the market based on the product?
• What is the breakup of the market based on the material?
• What is the breakup of the market based on the price?
• What is the breakup of the market based on the distribution channel?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global leather goods market and who are the key players?
• What is the degree of competition in the industry?

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    Market Breakup by Product
    6.1    Footwear
        6.1.1 Market Trends
        6.1.2 Major Types
           6.1.2.1 Military Shoes
           6.1.2.2 Casual Shoes
           6.1.2.3 Formal Shoes
           6.1.2.4 Sports Shoes
           6.1.2.5 Others
        6.1.3 Market Forecast
    6.2    Leather Products
        6.2.1 Market Trends
        6.2.2 Major Types
           6.2.2.1 Upholstery
           6.2.2.2 Luggage
           6.2.2.3 Accessories
           6.2.2.4 Clothing and Apparel
           6.2.2.5 Bags, Wallets and Purses
           6.2.2.6 Others
        6.2.3 Market Forecast
7    Market Breakup by Material 
    7.1    Genuine Leather
        7.1.1 Market Trends
        7.1.2 Major Types
           7.1.2.1 Top-grain Leather
           7.1.2.2 Split-grain Leather
        7.1.3 Market Forecast
    7.2    Synthetic Leather
        7.2.1 Market Trends
        7.2.2 Major Types
           7.2.2.1 PU-Based Leather
           7.2.2.2 PVC-Based Leather
           7.2.2.3 Bio-Based Leather
        7.2.3 Market Forecast
8    Market Breakup by Price
    8.1    Premium Products
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Mass Products
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Distribution Channel
    9.1    Clothing and Sportswear Retailers
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Departmental stores
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Supermarkets and Hypermarkets
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Online Stores
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Others
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Adidas AG
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio 
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis 
        15.3.2    American Leather Holdings LLC
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Capri Holdings Limited
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio 
        15.3.4    Hermès International S.A.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio 
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis 
        15.3.5    Kering S.A.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio 
        15.3.6    LVMH
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Prada S.p.A. (Prada Holding S.P.A)
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio 
        15.3.8    Puma SE
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio 
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Tapestry Inc.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio 
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    VIP Industries (Piramal Group)
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio 
           15.3.10.3 Financials
        15.3.11    Woodland (Aero Group)
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio 

List of Figures

Figure 1: Global: Leather Goods Market: Major Drivers and Challenges
Figure 2: Global: Leather Goods Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Leather Goods Market: Breakup by Product (in %), 2019
Figure 4: Global: Leather Goods Market: Breakup by Material  (in %), 2019
Figure 5: Global: Leather Goods Market: Breakup by Price (in %), 2019
Figure 6: Global: Leather Goods Market: Breakup by Distribution Channel (in %), 2019
Figure 7: Global: Leather Goods Market: Breakup by Region (in %), 2019
Figure 8: Global: Leather Goods Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 9: Global: Leather Goods (Footwear) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: Global: Leather Goods (Footwear) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: Global: Leather Goods (Other Leather Products) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: Global: Leather Goods (Other Leather Products) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Leather Goods (Genuine Leather) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: Global: Leather Goods (Genuine Leather) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Global: Leather Goods (Synthetic Leather) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: Global: Leather Goods (Synthetic Leather) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Global: Leather Goods (Premium Products) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: Global: Leather Goods (Premium Products) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Leather Goods (Mass Products) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Global: Leather Goods (Mass Products) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Leather Goods (Clothing and Sportswear Retailers) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Global: Leather Goods (Clothing and Sportswear Retailers) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Leather Goods (Departmental Stores) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Global: Leather Goods (Departmental Stores) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Leather Goods (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Global: Leather Goods (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: Global: Leather Goods (Online Stores) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: Global: Leather Goods (Online Stores) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: Global: Leather Goods (Other Distribution Channels) Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: Global: Leather Goods (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: North America: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: North America: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: United States: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: United States: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: Canada: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: Canada: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: Asia Pacific: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: Asia Pacific: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: China: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: China: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: Japan: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: Japan: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: India: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: India: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: South Korea: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: South Korea: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 47: Australia: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 48: Australia: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 49: Indonesia: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 50: Indonesia: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 51: Others: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 52: Others: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 53: Europe: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 54: Europe: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 55: Germany: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: Germany: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 57: France: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 58: France: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 59: United Kingdom: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 60: United Kingdom: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 61: Italy: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: Italy: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: Spain: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: Spain: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: Russia: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: Russia: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: Others: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: Others: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: Latin America: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 70: Latin America: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 71: Brazil: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 72: Brazil: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 73: Mexico: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 74: Mexico: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 75: Others: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 76: Others: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 77: Middle East and Africa: Leather Goods Market: Sales Value (in Million US$), 2014 & 2019
Figure 78: Middle East and Africa: Leather Goods Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 79: Global: Leather Goods Industry: SWOT Analysis
Figure 80: Global: Leather Goods Industry: Value Chain Analysis
Figure 81: Global: Leather Goods Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Leather Goods Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Leather Goods Market Forecast: Breakup by Product (in Million US$), 2020-2025
Table 3: Global: Leather Goods Market Forecast: Breakup by Material (in Million US$), 2020-2025
Table 4: Global: Leather Goods Market Forecast: Breakup by Price (in Million US$), 2020-2025
Table 5: Global: Leather Goods Market Forecast: Breakup by Distribution Channel (in Million US$), 2020-2025
Table 6: Global: Leather Goods Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 7: Global: Leather Goods Market Structure
Table 8: Global: Leather Goods Market: Key Players