Global Leather Goods Market Size & Outlook, 2023-2030

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 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.).
  • 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.

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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)

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

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