Global Leather And Allied Products Market Analysis, Growth By Top Companies, Trends By Types And Application, Forecast To 2023-2032 | Nike Inc., Christian Dior SE, Adidas AG, Kering SA, Skechers U.S.A. Inc.

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Leather And Allied Products market report by The Business Research Company, Increasing demand for online shopping is expected to drive the leather and allied products market. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the leather and allied products market. In countries such as India, for instance, e-commerce portals have boosted the sales of these products by giving larger exposure to producers who were confined to one geography.

The global leather and allied products market grew from $357.07 billion in 2022 to $391.75 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The leather and allied products market is expected to grow to $554.96 billion in 2027 at a CAGR of 9.1%.

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Major competitors in the Leather And Allied Products market include Nike Inc., Christian Dior SE, Adidas AG, Kering SA, Skechers U.S.A. Inc., Puma SE, ASICS Corporation, Tapestry Inc., Prada SpA and Wolverine World Wide Inc.

The Leather And Allied Products Market is segmented -

• By Type: Leather Footwear, Non-Leather Footwear, Leather Luggage, Hand Bags And Other Goods, Non-Leather Luggage, Hand Bags And Other Goods, Leather Tanning
• By Application: Automotive, Furniture, Consumer Goods
• By Type Of Leather: Top-Grain Leather, Split Leather, Patent Leather, Bonded Leather
• By Distribution Channel: Retail Stores, Online Stores. Asia-Pacific was the largest region in the leather and allied products market in 2022.

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Leather and allied products refer to a class of products that transform hides into leather by curing or tanning them, then creating finished goods out of the leather. The leather is made from material made from animal skin that has been tanned, hair removed, and made smooth and flexible. Rubber footwear, textile luggage, and plastic purses or wallets are examples of "leather substitute" products included in this market.

The Table Of Content For The Leather And Allied Products Market Include:

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
……
21. Key Mergers And Acquisitions In The Leather And Allied Products Market
22. Market Background: Apparel And Leather Products Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The "Global Leather And Allied Products Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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