Asia Pacific Luxury Leather Goods Market Size & Outlook

The luxury leather goods market in Asia Pacific is expected to reach a projected revenue of US$ 39,143.5 million by 2030. A compound annual growth rate of 6.1% is expected of Asia Pacific luxury leather goods market from 2025 to 2030.
Revenue, 2024 (US$M)
$27,447.8
Forecast, 2030 (US$M)
$39,143.5
CAGR, 2025 - 2030
6.1%
Report Coverage
Asia Pacific

Asia Pacific luxury leather goods market, 2018-2030 (US$M)

Asia

Asia Pacific luxury leather goods market highlights

  • The Asia Pacific luxury leather goods market generated a revenue of USD 27,447.8 million in 2024.
  • The market is expected to grow at a CAGR of 6.1% from 2025 to 2030.
  • In terms of segment, luggage (travel bags & backpacks) was the largest revenue generating product in 2024.
  • Luggage (Travel Bags & Backpacks) is the most lucrative product segment registering the fastest growth during the forecast period.

Asia Pacific data book summary

Market revenue in 2024USD 27,447.8 million
Market revenue in 2030USD 39,143.5 million
Growth rate6.1% (CAGR from 2024 to 2030)
Largest segmentLuggage (travel bags & backpacks)
Fastest growing segmentLuggage (Travel Bags & Backpacks)
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLuggage (Travel Bags & Backpacks)
Key market players worldwideArmani Exchange, Burberry Group PLC, Prada SpA, Dolce & Gabbana

Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 26.8% of the global luxury leather goods market in 2024.
  • Globally, Europe 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 39,143.5 million by 2030.

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Luxury Leather Goods Market Scope

Luxury leather goods market segmentation & scope
Luggage (Travel Bags & Backpacks)
Handbags & Purses
Footwear
Apparel
Small Leather Accessories
Others
Distribution Channel
Exclusive Brand Outlets
Specialty Stores
Online
Airports
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
India
Japan
ANZ
South Korea
Saudi Arabia
UAE
Brazil

Luxury Leather Goods Market Companies

Name Profile # Employees HQ Website

Asia Pacific luxury 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 luxury leather goods market will help companies and investors design strategic landscapes.


Luggage (travel bags & backpacks) was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Asia Pacific luxury leather goods market based on luggage (travel bags & backpacks) covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Asia Pacific luxury leather goods market databook

  • Our clientele includes a mix of luxury 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 continent-level data and insights on the Asia Pacific luxury leather goods market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific luxury leather goods market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific luxury leather goods market

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