Europe Leather Goods Market Size & Outlook, 2023-2030
Europe leather goods market, 2018-2030 (US$M)
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Europe leather goods market highlights
- The Europe leather goods market generated a revenue of USD 81,122.3 million in 2023.
- The market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, genuine leather was the largest revenue generating type in 2023.
- Vegan Leather is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 81,122.3 million |
| Market revenue in 2030 | USD 130,474.5 million |
| Growth rate | 7% (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 |
| Key market players worldwide | Adidas AG, Nike Inc Class B, Puma SE, MillerKnoll Inc, Samsonite International SA, VIP Industries, Timberland Bancorp Inc, Genesco Inc, Hermes International SA, Lvmh Moet Hennessy Louis Vuitton SE, VF Corp, Lear Corp |
Other key industry trends
- In terms of revenue, Europe region accounted for 32.0% of the global leather goods market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 151,856.8 million by 2030.
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Leather Goods Market Scope
Leather Goods Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 51.25% in 2023. Horizon Databook has segmented the Europe leather goods market based on genuine leather, synthetic leather, vegan leather covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is expected to hold the second-largest share in terms of revenue in the global leather goods market. This can be attributed to the rising demand from various developing as well as developed economies in the region.
As of 2019, Europe was the largest and wealthiest economy in the world. Of the fortune 500 companies listed, 184 are headquartered in Europe. The region is considered to be dynamic, which is expected to positively impact the growth of the leather goods market.
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Target buyers of Europe 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 continent-level data and insights on the Europe leather goods market , including forecasts for subscribers. This continent databook contains high-level insights into Europe leather goods market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe leather goods market size, by country, 2018-2030 (US$M)
Europe Leather Goods Market Outlook Share, 2023 & 2030 (US$M)
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