Global Leather Handbags Market Size & Outlook, 2022-2030
Global leather handbags market, 2018-2030 (US$M)
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Global leather handbags market highlights
- The global leather handbags market generated a revenue of USD 37,315.3 million in 2022 and is expected to reach USD 63,001.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.8% by 2030.
- In terms of segment, tote bag accounted for a revenue of USD 9,464.0 million in 2022.
- Clutch 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 2022.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 37,315.3 million |
| Market revenue in 2030 | USD 63,001.9 million |
| Growth rate | 6.8% (CAGR from 2022 to 2030) |
| Largest segment | Tote bag |
| Fastest growing segment | Clutch |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tote Bag, Clutch, Satchel |
Other key industry trends
- In terms of revenue, the North America accounted for 22.7% of the global leather handbags market in 2022.
- 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 1,175.8 million by 2030.
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Leather Handbags Market Scope
Leather Handbags Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global leather handbags 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 handbags market will help companies and investors design strategic landscapes.
Tote bag was the largest segment with a revenue share of 25.36% in 2022. Horizon Databook has segmented the Global leather handbags market based on tote bag, clutch, satchel covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Leather Handbags Type Outlook (Revenue, USD Million, 2018-2030)
- Athletic
- Athletic Men Footwear
- Athletic Women Footwear
- Athletic Children Footwear
- Non-athletic
- Non-Athletic Men Footwear
- Non-Athletic Women Footwear
- Non-Athletic Children Footwear
- Men
- Shirts
- Pants
- Suits, Coats & Jacket
- Overalls
- Others
- Women
- Skirts
- Coats & Jackets
- Pants
- Others
- Children
- Suits, Coats & Jackets
- Vests
- Pants
- Skirts
- Chaps
- Seating Systems
- Others
- Tote Bag
- Clutch
- Satchel
- Decorative Wall Hangings
- Tabletop decorative items
- Hanging Storage
- Leather Furniture
- Pet Collar and Leads
- Leather Pet Toys
- Wallets
- Pouches
- Card Holders
- Phone Covers/Cases
- Watch Straps
- Athletic
- Global Leather Handbags Material Composition Outlook (Revenue, USD Million, 2018-2030)
- Genuine Leather
- Synthetic Leather
- Polyurethane Leather
- PVC Leather
- Vegan Leather
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Our clientele includes a mix of leather handbags market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global leather handbags market , including forecasts for subscribers. This global databook contains high-level insights into Global leather handbags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global leather handbags market size, by region, 2018-2030 (US$M)
Top 10 countries: Leather handbags market size, 2022 (US$M)
Global leather handbags market share, by type, 2022 & 2030 (%, US$M)
Leather handbags market: Opportunity assessment by country
Global leather handbags market, by region, 2022 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 1,085.4 | 1,130.4 | 1,024.5 | 1,061.4 | 1,093.1 | 1,127.4 | 1,169.2 | 1,219.3 | 1,278.5 | 1,348.0 | 1,428.9 | 1,522.8 | 1,631.6 | 5.2% |
| Europe | 11,621.1 | 12,288.5 | 11,308.6 | 11,898.9 | 12,447.5 | 13,042.9 | 13,745.5 | 14,568.8 | 15,529.4 | 16,647.1 | 17,945.7 | 19,454.0 | 21,206.4 | 7.0% |
| North America | 8,089.8 | 8,509.1 | 7,788.9 | 8,151.7 | 8,481.9 | 8,839.7 | 9,265.6 | 9,767.3 | 10,354.6 | 11,039.1 | 11,834.8 | 12,758.6 | 13,830.8 | 6.4% |
| MEA | 2,008.6 | 2,100.4 | 1,911.3 | 1,988.5 | 2,056.6 | 2,130.4 | 2,219.3 | 2,325.0 | 2,449.5 | 2,594.9 | 2,764.2 | 2,960.8 | 3,188.7 | 5.7% |
| Asia Pacific | 12,189.9 | 12,934.5 | 11,944.0 | 12,610.3 | 13,236.3 | 13,915.9 | 14,714.2 | 15,647.0 | 16,733.2 | 17,995.7 | 19,462.0 | 21,165.0 | 23,144.6 | 7.4% |
| Overall | 34,994.8 | 36,962.9 | 33,977.2 | 35,710.8 | 37,315.3 | 39,056.2 | 41,113.7 | 43,527.4 | 46,345.2 | 49,624.8 | 53,435.6 | 57,861.1 | 63,001.9 | 6.8% |
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