Global Leather Goods Market Size & Outlook, 2023-2030
Global leather goods market, 2018-2030 (US$M)
Related Markets
Global leather goods market highlights
- The global leather goods market generated a revenue of USD 253,822.1 million in 2023 and is expected to reach USD 405,275.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.9% by 2030.
- In terms of segment, genuine leather accounted for a revenue of USD 138,387.6 million in 2023.
- Vegan Leather is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 253,822.1 million |
| Market revenue in 2030 | USD 405,275.7 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Genuine leather |
| Fastest growing segment | Vegan Leather |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Genuine Leather, Synthetic Leather, Vegan Leather |
Other key industry trends
- In terms of revenue, the North America accounted for 23.7% of the global leather goods market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 7,967.0 million by 2030.
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Leather Goods Market Scope
Leather Goods Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hermes International SA | View profile | 22067 | 24 rue du Faubourg Saint Honore, Paris, France, 75008 | https://www.hermes.com |
| Genesco Inc | View profile | 18000 | 535 Marriott Drive, Nashville, TN, United States, 37214 | https://www.genesco.com |
| Timberland Bancorp Inc | View profile | 298 | 624 Simpson Avenue, Hoquiam, WA, United States, 98550 | https://www.timberlandbank.com |
| VIP Industries | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | http://vipindustries.co.in/ |
| MillerKnoll Inc | View profile | 10900 | 855 East Main Avenue, P.O. Box 302, Zeeland, MI, United States, 49464 | https://www.millerknoll.com |
| Puma SE | View profile | 21164 | Puma Way 1, Herzogenaurach, BY, Germany, 91074 | https://www.puma.com |
| Adidas AG | View profile | 59030 | Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 | https://www.adidas-group.com |
| Samsonite International SA | View profile | 12100 | 13-15, Avenue de la Liberte, Luxembourg, Luxembourg, L-1931 | https://corporate.samsonite.com/en/home.html |
| Nike Inc Class B | View profile | 83700 | One Bowerman Drive, Beaverton, OR, United States, 97005-6453 | https://www.nike.com |
| Lvmh Moet Hennessy Louis Vuitton SE | View profile | 192346 | 22, Avenue Montaigne, Paris, France, 75008 | https://www.lvmh.com |
| VF Corp | View profile | 33000 | 1551 Wewatta Street, Denver, CO, United States, 80202 | https://www.vfc.com |
| Lear Corp | View profile | 186600 | 21557 Telegraph Road, Southfield, MI, United States, 48033 | https://www.lear.com |
Global leather goods market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to leather goods market will help companies and investors design strategic landscapes.
Genuine leather was the largest segment with a revenue share of 54.52% in 2023. Horizon Databook has segmented the Global leather goods market based on genuine leather, synthetic leather, vegan leather covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Leather Goods Type Outlook (Revenue, USD Million, 2018-2030)
- Genuine Leather
- Handbags
- Small Leather Goods/ Accessories
- Apparel
- Footwear
- Home Decor and Furnishing
- Pet Accessories
- Automotive Accessories
- Synthetic Leather
- Polyurethane Leather
- Handbags
- Small Leather Goods/ Accessories
- Apparel
- Footwear
- Home Decor and Furnishing
- Pet Accessories
- Automotive Accessories
- PVC Leather
- Handbags
- Small Leather Goods/ Accessories
- Apparel
- Footwear
- Home Decor and Furnishing
- Pet Accessories
- Automotive Accessories
- Polyurethane Leather
- Vegan Leather
- Handbags
- Small Leather Goods/ Accessories
- Apparel
- Footwear
- Home Decor and Furnishing
- Pet Accessories
- Automotive Accessories
- Genuine Leather
- Global Leather Goods Product Outlook (Revenue, USD Million, 2018-2030)
- Handbags
- Tote Bag
- Clutch
- Satchel
- Others
- Small Leather Goods/ Accessories
- Wallets
- Pouches
- Phone Covers/Cases
- Watch Straps
- Others
- Card Holders
- Apparel
- Men
- Shirts
- Pants
- Suits, Coats & Jacket
- Overalls
- Others
- Women
- Skirts
- Coats & Jackets
- Pants
- Others
- Children
- Suits, Coats & Jackets
- Vests
- Pants
- Skirts
- Chaps
- Men
- Footwear
- Athletic
- Men
- Women
- Children
- Non-athletic
- Men
- Women
- Children
- Athletic
- Home Decor and Furnishing
- Decorative Wall Hangings
- Tabletop decorative items
- Hanging Storage
- Leather Furniture
- Others
- Pet Accessories
- Pet Collar and Leads
- Leather Pet Toys
- Automotive Accessories
- Seating Systems
- Others
- Handbags
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Target buyers of Global leather goods market databook
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Our clientele includes a mix of leather goods market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global leather goods market , including forecasts for subscribers. This global databook contains high-level insights into Global leather goods market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global leather goods market size, by regions, 2018-2030 (US$M)
Top 10 countries: Leather goods market size, 2023 (US$M)
Global leather goods market share, by type, 2023 & 2030 (%, US$M)
Leather goods market: Opportunity assessment by country
Global leather goods market, by region, 2023 (US$M)
Related statistics
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