The leather is used to make a variety of products, including footwear, automobile seats, clothing, bags, fashion accessories, and furniture. It is produced in a wide variety of types and styles and decorated by a wide range of techniques. Leather goods are a primary supplement in the category of luxurious fashion goods.
According to BlueWeave Consulting, The global Leather Goods market is expected to grow with a significant rate during the forecast period 2018-2025 owing to growth in disposable income, improved living of standards, changing fashion trends, and growing domestic and international tourism.
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Global Leather Goods Market Competitive Landscape
Companies such as Adidas AG, Chanel S.A., Tumi Holdings, Inc., Tapestry, Inc., Gianni Versace S.p.A., Dolce&Gabbana S.r.l, Giorgio Armani S.P.A., Hermès International S.A., Kering S.A., Prada S.p.A, Samsonite International S.A., VIP Industries Limited, and Ralph Lauren Corporation Burberry, Giorgio Armani, Gianni Versace, VF Corporation, Richemont, , Mot Hennessy Louis Vuitton (LVMH), Coach, Puma, Herms, Reebok, , Valentino Fashion Group are the key players in manufacturing Leather Goods.
Leather Goods Products Type analysis
On the basis of Products type, the Leather Goods market has been segmented into Footwear, Luggage, Wallets & Purses, Apparel, and Others. By product type, Footwear segment dominates the global Leather Goods owing to the rising income level among consumers, changes in Lifestyles coupled with increasing consumer spending, the surge in working-class population and demand for formal shoes especially leather products. Moreover, increasing inclination of consumer towards comfortable and high-quality products, increment in per capita footwear consumption is expected to the influence the global footwear leather markets. Luggage segment will drive by the availability of different designs and styles of luggage rather than a few limited designs in online and offline retail stores.
Regional analysis of Leather Goods market
On the basis of region, the Leather Goods market has been segmental into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific dominates the world Leather Goods market over the forecast period owing to the increasingly relying on the domestic market rather than exports due to the major manufacturing unit in this region. Moreover, developing countries such as India, inviting international players to invest in the retail sector and consumer sector through giving exemption in FDI. North America is projected to be the fastest growing market throughout the forecast period due to rapidly expanding in e-commerce sector in the U.S. fashion market coupled with the rising number of digital payment option.
Objective of the Study:
- To analyze and forecast market size of the world Leather Goods market, in terms of Value
- To examine the careful market segmentation and forecast the market size, in terms of Value, on the premise of region by segmenting world Leather Goods market into 5 regions, namely, North America, Europe, Asia Pacific, Middle East, and geographical area.
- To outline, categorized and forecast the world Leather Goods on the premise of product kind and distribution channel
- To examine competitive developments like expansions, technological advancement, services, and regulative framework within the world Leather Goods market.
- To pinpoint the drivers and challenges for world Leather Goods market
- To spot the profile of leading players, that area unit concerned within the producing and provide off Leather Goods globally.
Table of Contents:
Chapter One: Research Framework
Chapter Two: Assumptions & Research methodology
Chapter Three: Executive summary
Chapter Four: Global Leather Goods Industry Insights
Chapter Five: Global Leather Goods Market Overview
Chapter Six: Global Leather Goods Market, By Product Type
Chapter Seven: Global Leather Goods Market, By Applications
Chapter Eight: Global Leather Goods Market, By Region
Chapter Nine: Company Profiles
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