Global Leather Goods Market Size & Outlook

The leather goods industry worldwide is expected to reach a projected revenue of US$ 405,275.7 million by 2030. A compound annual growth rate of 6.9% is expected of the worldwide leather goods industry from 2024 to 2030.

Revenue, 2023 (US$M)
$253,822.1
Forecast, 2030 (US$M)
$405,275.7
CAGR, 2024 - 2030
6.9%
Report Coverage
Worldwide

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 2023USD 253,822.1 million
Market revenue in 2030USD 405,275.7 million
Growth rate6.9% (CAGR from 2023 to 2030)
Largest segmentGenuine leather
Fastest growing segmentVegan Leather
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGenuine 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 segmentation & scope
Handbags
Small Leather Goods/ Accessories
Apparel
Footwear
Home Decor and Furnishing
Pet Accessories
Automotive Accessories
Handbags
Small Leather Goods/ Accessories
Apparel
Footwear
Home Decor and Furnishing
Pet Accessories
Automotive Accessories
Handbags
Small Leather Goods/ Accessories
Apparel
Footwear
Home Decor and Furnishing
Pet Accessories
Automotive Accessories
Handbags
Small Leather Goods/ Accessories
Apparel
Footwear
Home Decor and Furnishing
Pet Accessories
Automotive Accessories
Tote Bag
Clutch
Satchel
Others
Wallets
Pouches
Phone Covers/Cases
Watch Straps
Others
Card Holders
Men
Shirts
Pants
Suits, Coats & Jacket
Overalls
Others
Skirts
Coats & Jackets
Pants
Others
Suits, Coats & Jackets
Vests
Pants
Skirts
Chaps
Men
Women
Children
Men
Women
Children
Decorative Wall Hangings
Tabletop decorative items
Hanging Storage
Leather Furniture
Others
Pet Collar and Leads
Leather Pet Toys
Seating Systems
Others

Leather Goods Market Companies

Name Profile # Employees HQ Website

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
    • Vegan Leather
      • Handbags
      • Small Leather Goods/ Accessories
      • Apparel
      • Footwear
      • Home Decor and Furnishing
      • Pet Accessories
      • Automotive Accessories
  • 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
    • Footwear
      • Athletic
        • Men
        • Women
        • Children
      • Non-athletic
        • Men
        • Women
        • Children
    • 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

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Target buyers of Global leather goods market databook

  • Our clientele includes a mix of leather goods market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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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.

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Global leather goods market statistics, by regions, 2018-2030 (US$M)

Top 10 countries: Leather goods market size, 2023 (USD Million)

Top 10 countries: Leather goods market size, 2023 (USD Million)

Global leather goods market, by region, 2023 (US$M)

Global leather goods market statistics, by regions, 2018-2030 (US$M)

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