Supply Chain Resilience in the Long Steel Products Industry Amidst Uncertainty

 Leather Goods Industry Data Book | Forecast 2030

Leather Goods Industry Data Book - Leather Handbags, Small Leather Goods/ Accessories, Leather Apparel, Leather Footwear, Leather Home Decor & Furnishing, Leather Pet Accessories and Leather Automotive Accessories Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

Grand View Research’s leather goods industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.


Access the Global Leather Goods Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

 

Leather Goods Sector Outlook

The leather goods industry is projected to experience growth owing to several factors, including an increase in consumer disposable income, improved living standards, evolving fashion trends, and the rise in domestic and international tourism. The demand for stylish and comfortable leather apparel, leather goods, and accessories is on the rise, driven by growing brand awareness among consumers. These factors collectively contribute to a favorable outlook for the leather goods sector.

The growing awareness of fashion among consumers has played a crucial role in driving the demand for leather goods, prompting numerous brands to diversify their product offerings. Not only established labels and brands but also smaller and more affordable manufacturers have gained significance in the leather goods industry. Moreover, startups have emerged to cater to the customization needs of consumers, offering tailored leather products that align with their specific preferences. The market is growing due to rising employment and disposable income. Among footwear options, sneakers have experienced the most significant growth in sales due to the rising demand for fashionable and comfortable shoes. The sneaker segment faces fierce competition, as luxury fashion brands like Balenciaga, Gucci, and Prada have entered the market, competing with well-established athletic brands such as Nike and Puma.

The significant growth in e-commerce retail sales due to factors such as increased consumer spending, expanding population, and improved internet accessibility further created ample growth in the leather goods industry. The online retail industry’s growth is further boosted by the introduction of mobile shopping applications and the availability of secure and convenient payment gateways. Notably, fashion blogs and popular social media platforms like Pinterest and Instagram play a crucial role in shaping fashion trends, thereby positively impacting the leather goods sector.

 

Order your copy of the Free Sample of “Leather Goods Industry Data Book - Leather Handbags, Small Leather Goods/ Accessories, Leather Apparel, Leather Footwear, Leather Home Decor & Furnishing, Leather Pet Accessories and Leather Automotive Accessories Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030”, Data Book published by Grand View Research

 

Leather Footwear Market Report Highlights

The global leather footwear market size is expected to reach USD 202,305 million by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 2.8% during the forecast period

  • Male end user segment accounted for the highest share of approximately 55.0% in 2018

 

  • Offline based distribution channel accounts for the largest share of more than 72.0% in 2018, omni-channel retailing and in-store marketing solutions to enhance the shopping experience and to bridge the gap between offline and digital channels

 

  • Some of the key players operating in the global leather footwear market include are Prada Holding B.V., LVMH, Allen Edmonds, Kering S.A., Bruno Magli, and Cole Haan

 

Go through the table of content of Leather Goods Industry Data Book to get a better understanding of the Coverage & Scope of the study

 

Competitive Insights

 

The presence of numerous well-established companies such as Adidas AG; Nike, Inc.; Puma SE; Fila, Inc.; New Balance Athletics, Inc.; Knoll, Inc.; and Samsonite International S.A. characterizes the leather goods market. These manufacturers are expected to experience growth opportunities driven by the increasing demand for leather goods, particularly in emerging economies spanning North America, Europe, Asia Pacific, and Central & South America. To develop their product specifications and expand their market presence, various companies are engaging in various strategies, thereby heightening competition in the projected period. Key players are concentrating on strategic measures such as product launches, acquisitions, sponsoring events, collaborations, participating in industry events, and expanding their operations to bolster revenue growth and strengthen their global market position.

 

  • In June 2023, Authentic Brands Group (Authentic), a renowned global platform for brand development, marketing, and entertainment, collaborated with the ALDO Group, a fashion retailer and wholesaler, to introduce an extended range of men's footwear and small leather goods for Brooks Brothers. Brooks Brothers, a beloved and well-established American brand, will benefit from this partnership.

 

  • In May 2023, Adidas AG and Prada collaboratively launched "Adidas Football for Prada," a collection that presents specially designed versions of iconic Adidas AG football boots. These product launches seamlessly blend Prada's sophisticated aesthetic with Adidas AG's cutting-edge football technologies. The collection introduced fresh interpretations of three major Adidas AG products: the Predator Accuracy, the Copa Pure, and the X Crazyfast.

 

Check out more Industry Data Books, published by Grand View Research

 

About Grand View Research

 

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

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