(2020-2030) Leather And Allied Products Market is Expected to Grow at a Healthy CAGR With COVID-19 Crisis Effect Top Key Players | TBRC Reports

The Business Research Company offers "Leather And Allied Products Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The global leather and allied products market is expected to decline from $355.9 billion in 2019 to $351 billion in 2020 at a compound annual growth rate (CAGR) of -1.4%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach $444.5 billion in 2023.

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The leather and allied products market consists of sales of leather and allied products by entities (organizations, sole traders and partnerships) that produce leather and allied products. Leather and allied product producers transform hides into leather by tanning or curing and fabricating the leather into products for final consumption, and/or produce similar products from other materials, including products (except apparel) made from leather substitutes” such as rubber, plastics, or textiles. Rubber footwear, textile luggage, and plastic purses or wallets are examples of leather substitute products included in this market.

Technological advances in the field of wireless technologies has enabled leather product manufacturers to integrate wearable technology into their products. Leading fashion designers are partnering with technology firms to produce trendy wearables and luxury products as the market is adopting this concept broadly. For instance, Ralph Lauren introduced the ‘Ricky Smart Bag’ made from luxury leather that enables users to charge their phone by lifting one of the flaps that activates an internal light.

Leather And Allied Products Market Segmentation:
By Type
1.Leather Footwear
2.Non-Leather Footwear
3.Leather Luggage
4.Hand Bags And Other Goods
5.Non-Leather Luggage
6.Hand Bags And Other Goods
7.Leather Tanning

By Application
1.Automotive
2.Furniture
3.Consumer Goods

By Type Of Leather
1.Top-Grain Leather
2.Split Leather
3.Patent Leather
4.Bonded Leather

By Distribution Channel
1.Retail Stores
2.Online Stores

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Leather And Allied Products Market Characteristics
4. Leather And Allied Products Market Product Analysis
5. Leather And Allied Products Market Supply Chain.
....
20. Key Mergers And Acquisitions In The Leather And Allied Products Market
21. Market Background: Apparel And Leather Products Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

The report covers the trends and market dynamics of the leather and allied products market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the leather and allied products market are NIKE Inc, Gap Inc, Christian Dior SE, Adidas AG, Kering SA

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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