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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Leather Goods Market Scope
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
- 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
Reasons to subscribe to Global leather goods market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
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.).
-
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)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 55,824.7 | 58,574.7 | 53,485.1 | 55,837.2 | 57,952.3 | 60,243.7 | 62,983.4 | 66,221.5 | 70,019.1 | 74,450.1 | 79,603.1 | 85,585.1 | 92,524.4 | 6.3% |
| Europe | 72,797.5 | 76,871.2 | 70,641.8 | 74,223.3 | 77,533.1 | 81,122.3 | 85,364.9 | 90,341.9 | 96,151.6 | 102,912.4 | 110,766.5 | 119,885.2 | 130,474.5 | 7.0% |
| Asia Pacific | 80,743.8 | 85,616.8 | 79,003.9 | 83,350.3 | 87,422.5 | 91,840.7 | 97,033.4 | 103,102.3 | 110,169.8 | 118,383.0 | 127,919.3 | 138,991.7 | 151,856.8 | 7.5% |
| Latin America | 7,325.3 | 7,628.6 | 6,912.7 | 7,160.7 | 7,373.2 | 7,603.0 | 7,883.5 | 8,219.4 | 8,616.5 | 9,082.1 | 9,624.5 | 10,254.0 | 10,983.0 | 5.4% |
| MEA | 12,279.1 | 12,838.6 | 11,681.1 | 12,150.6 | 12,564.5 | 13,012.5 | 13,552.7 | 14,194.7 | 14,950.2 | 15,833.3 | 16,861.0 | 18,054.1 | 19,437.0 | 5.9% |
| Overall | 228,970.4 | 241,530.0 | 221,724.6 | 232,722.1 | 242,845.5 | 253,822.1 | 266,817.8 | 282,079.8 | 299,907.2 | 320,660.8 | 344,774.5 | 372,770.1 | 405,275.7 | 6.9% |
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
