U.S. Leather Goods Market Size & Outlook, 2023-2030
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U.S. leather goods market highlights
- The U.S. leather goods market generated a revenue of USD 50,080.1 million in 2023 and is expected to reach USD 76,536.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.2% 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 50,080.1 million |
| Market revenue in 2030 | USD 76,536.2 million |
| Growth rate | 6.2% (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, U.S. accounted for 19.7% 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 North America, U.S. leather goods market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 76,536.2 million by 2030.
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Leather Goods Market Scope
Leather Goods Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hermes International SA | View profile | 22067 | 24 rue du Faubourg Saint Honore, Paris, France, 75008 | https://www.hermes.com |
| Genesco Inc | View profile | 18000 | 535 Marriott Drive, Nashville, TN, United States, 37214 | https://www.genesco.com |
| Timberland Bancorp Inc | View profile | 298 | 624 Simpson Avenue, Hoquiam, WA, United States, 98550 | https://www.timberlandbank.com |
| VIP Industries | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | http://vipindustries.co.in/ |
| MillerKnoll Inc | View profile | 10900 | 855 East Main Avenue, P.O. Box 302, Zeeland, MI, United States, 49464 | https://www.millerknoll.com |
| Puma SE | View profile | 21164 | Puma Way 1, Herzogenaurach, BY, Germany, 91074 | https://www.puma.com |
| Adidas AG | View profile | 59030 | Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 | https://www.adidas-group.com |
| Samsonite International SA | View profile | 12100 | 13-15, Avenue de la Liberte, Luxembourg, Luxembourg, L-1931 | https://corporate.samsonite.com/en/home.html |
| Nike Inc Class B | View profile | 83700 | One Bowerman Drive, Beaverton, OR, United States, 97005-6453 | https://www.nike.com |
| Lvmh Moet Hennessy Louis Vuitton SE | View profile | 192346 | 22, Avenue Montaigne, Paris, France, 75008 | https://www.lvmh.com |
| VF Corp | View profile | 33000 | 1551 Wewatta Street, Denver, CO, United States, 80202 | https://www.vfc.com |
| Lear Corp | View profile | 186600 | 21557 Telegraph Road, Southfield, MI, United States, 48033 | https://www.lear.com |
U.S. 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 53.3% in 2023. Horizon Databook has segmented the U.S. leather goods market based on genuine leather, synthetic leather, vegan leather covering the revenue growth of each sub-segment from 2018 to 2030.
- U.S. 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
- U.S. 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
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Target buyers of U.S. 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 country-level data and insights on the U.S. leather goods market , including forecasts for subscribers. This country databook contains high-level insights into U.S. leather goods market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. leather goods market size, by type, 2018-2030 (US$M)
U.S. Leather Goods Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
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