Leather Goods Market to hit USD 466 Bn by 2029: Competitive Landscape, Industry Analysis and segmentation

Pune 8 Feb 2023: As per the report published by Maximize Market research, a global business research and consultancy firm, the total global market for "Leather Goods Market" was USD 288 Bn in 2021 and is expected to grow at a CAGR of 6.2 Percent over the forecast period to reach USD 466 Bn by 2029. The report is a combination of primary data and secondary data and domain expert has analyzed the market.

Leather Goods Market Scope and Methodology:

The report includes the current trends and market highlights in the Leather Goods market. It provides the major drivers, challenges, and restraints of the Leather Goods market. The report includes the estimation of the market size and growth rate of the market Investors and stakeholders. Regional analysis of the Leather Goods market is conducted at a global, regional and country levels. A competitive analysis of key players is given by product, price, financial position, product portfolio and growth strategies. For a segment-wise analysis of the Leather Goods market, it is divided by product Type and Type.

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The bottom-up approach was used for estimating the Leather Goods Market size in the report. Primary and secondary data collection methods are used in the report. Surveys, administering questionnaires and telephonic interviews with industry specialists and market leaders were included in the primary methods. Secondary data involves official databases of various organizations and government sites, industry journals, white papers and annual and financial reports of the companies. SWOT analysis was conducted to provide the strengths and weaknesses of the Leather Goods Market while PESTLE was employed to understand the growth targets and risks of the Leather Goods market.

Leather Goods Market Dynamic

The Leather Goods market is driven by the growing demand for leather products and rising consumer disposable income. During the forecast period, the Leather Goods Market is expected to be driven by increasing awareness of premium and luxury products, modifications in fashion trends and increasing domestic and international tourism. The Leather Goods market growth is hampered by the availability of cheaper leather goods and strict government regulations on the production of natural leather. The increasing innovation of new leather products is lucrative opportunity for the Leather Goods market over the forecast period.

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Leather Goods Market Regional Insights

Due to the rising demand for premium and luxury products, the Asia Pacific region dominated the Leather Goods market with a market share of 36 percent in 2021. The two more contributors to the leather goods market in the region are Bangladesh and Pakistan on account of cheap tariff rates on the exported leather products. During the forecast period, the North American region is expected to grow at a CAGR of 8 percent due to increasing disposable income and rising online purchases.

Leather Goods Market Segmentation

By Product

Footwear
Home Décor
Apparel

By Type

Genuine
Syntheti

Leather Goods Market Key Competitors Includes:

Adidas AG
Nike, Inc.
Puma SE
Fila, Inc.
New Balance Athletics, Inc.
Knoll, Inc.
Samsonite International S.A.
VIP Industries Ltd.
Timberland LLC
Johnston & Murphy
Woodland Worldwide
Hermès International S.A.
Louis Vuitton Malletier
VF Corp.
COLLAR Company
LUCRIN Geneva
Nappa Dori
Saddles India Pvt. Ltd.
Lear Corp

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Table of content for the Leather Goods market:

Global Leather Goods Market: Research Methodology

Global Leather Goods Market: Executive Summary
Market Overview and Definitions
Introduction to Global Leather Goods Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Leather Goods Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Leather Goods Market Segmentation
Global Leather Goods Market, by Product Type (2021-2029)
Global Leather Goods Market, by Type (2021-2029)

Regional Leather Goods Market(2021-2029)
Regional Leather Goods Market, by Product Type (2021-2029)
Regional Leather Goods Market, by Type (2021-2029)
Regional Leather Goods Market, by Country(2021-2029)

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Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis of Product, Type and Region
Competitive Landscape - Profiles of selected key players by region in a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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