Italy Leather Goods Market Size & Outlook, 2023-2030
Italy leather goods market, 2018-2030 (US$M)
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Italy leather goods market highlights
- The Italy leather goods market generated a revenue of USD 14,486.6 million in 2023 and is expected to reach USD 22,611.2 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.6% 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.
Leather goods market data book summary
| Market revenue in 2023 | USD 14,486.6 million |
| Market revenue in 2030 | USD 22,611.2 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Genuine leather |
| Fastest growing segment | Vegan Leather |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Italy accounted for 5.7% of the global leather goods market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Italy leather goods market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 21,567.4 million by 2030.
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Leather Goods Market Scope
Leather Goods Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 52.22% in 2023. Horizon Databook has segmented the Italy leather goods market based on genuine leather, synthetic leather, vegan leather covering the revenue growth of each sub-segment from 2018 to 2030.
Trends in the consumption of leather goods in Italy are influenced by seasons, climate, traditions, and social customs. The country witnesses cool, rainy winters and hot, dry summers. During winters, the sales of boots and leather jackets & coats are high as they keep the body warm.
During summers, an increased demand is witnessed for casual leather footwear that allow the feet to breathe. These factors are expected to drive the leather goods market in the country.
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Target buyers of Italy 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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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 country-level data and insights on the Italy leather goods market , including forecasts for subscribers. This country databook contains high-level insights into Italy leather goods market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy leather goods market size, by type, 2018-2030 (US$M)
Italy Leather Goods Market Outlook Share, 2023 & 2030 (US$M)
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