Market Overview:
The global leather products market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for natural leather products from the automotive and fashion industries. Additionally, rising disposable income and changing lifestyle preferences are also propelling the demand for artificial leather products in various applications such as online stores, supermarkets, and direct stores. Regionally, North America dominates the global leather products market followed by Europe and Asia Pacific. However, Asia Pacific is anticipated to witness highest growth rate over the forecast period owing to growing economies and rising consumer spending in countries such as China and India.
Product Definition:
Leather is a durable and flexible material created by tanning animal rawhide and skin, often cattle hide. It can be produced through different processes such as chrome tanning or vegetable tanning.
Natural Leather:
Natural leather is the skin of an animal that has been tanned using vegetable substances like tree bark, leaves or even mud. The finished products made from natural leather are known as genuine leather and are available in various types, such as steer (bovine), lamb, cow (calf), horse and others. Natural Leather can be processed into a wide variety of products including apparel & accessories; bags & pouches; automotive interiors; home furnishing & decorative items among others.
Artificial Leather:
Artificial leather is a man-made product that imitates the look and feel of real leather. It can be produced from various synthetic materials such as polyurethane, faux fur, faux suede and plastic. Artificial leather has applications in shoe upper parts (heel & lining), handbags & wallets, clothing (shirts, jackets), luggage & travel bags as well as automotive interior parts including steering wheel covers and seat covers.
Application Insights:
The online store application segment accounted for the largest revenue share of over 40% in 2017. The growth is attributed to the increasing use of leather products in furniture and interior designing for online stores. Leather jackets, vests, wallets and belts are some of the popular products among fashion-conscious consumers who have just started their e-commerce journey.
The growing popularity of e-commerce has been a major factor driving consumer behavior towards shopping without physical presence at a specific store location. This trend is expected to continue over next few years as consumers prefer buying goods from reliable sources irrespective of where they are located geographically speaking or otherwise known as geo-targeting marketing strategy used by many leading brands on internet nowadays.
Direct stores or supermarkets account for another significant revenue share owing to rising demand among mass affluent consumers with higher purchasing power across various regions globally including North America.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of total leather product consumption globally. China, India, Japan, South Korea and Taiwan are some of the largest consumers of leather products in Asia Pacific. Growing population coupled with increasing disposable income levels will drive demand from these countries over the next eight years.
Europe accounted for a significant share in terms of revenue as well as volume owing to high demand from automobile industry on account artificial leather being used for interior parts including seats cushions etc., instead of natural ones which have become rare due to limited availability since ages ago thus driving up their prices significantly thereby encouraging manufacturers to use artificial leathers more often than not resulting into higher sales volumes over time which is anticipated to positively impact market growth during the forecast period.
North America was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand from the automotive and furniture industries
- Growing popularity of leather products among the youth segment
- Rising disposable income of consumers in developing countries
- Proliferation of online retail platforms that offer a wide range of leather products at competitive prices
- Introduction of innovative and stylish designs by leading brands
Scope Of The Report
Report Attributes
Report Details
Report Title
Leather Products Market Research Report
By Type
Natural Leather, Artificial Leather
By Application
Online Store, Supermarket, Direct Store
By Companies
Kering SA, Hermes International S.A, Versace, Prada, Dolce and Gabbana, Burberry Group Inc, LVMH Moet Hennessy Louis Vuitton S.E, Giorgio Armani S.P.A, Ralph Lauren Corporation, Ermenegildo Zegna, Kiton, Hugo Boss A.G, Channel, Kering, Levi Strauss Co., GIVI Holding, Nike, Adidas
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Leather Products Market Report Segments:
The global Leather Products market is segmented on the basis of:
Types
Natural Leather, Artificial Leather
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Store, Supermarket, Direct Store
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kering SA
- Hermes International S.A
- Versace
- Prada
- Dolce and Gabbana
- Burberry Group Inc
- LVMH Moet Hennessy Louis Vuitton S.E
- Giorgio Armani S.P.A
- Ralph Lauren Corporation
- Ermenegildo Zegna
- Kiton
- Hugo Boss A.G
- Channel
- Kering
- Levi Strauss Co.
- GIVI Holding
- Nike
- Adidas
Highlights of The Leather Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural Leather
- Artificial Leather
- By Application:
- Online Store
- Supermarket
- Direct Store
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Leather Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Leather products are items made from the skin, hair, or hide of an animal.
Some of the major companies in the leather products market are Kering SA, Hermes International S.A, Versace, Prada, Dolce and Gabbana, Burberry Group Inc, LVMH Moet Hennessy Louis Vuitton S.E, Giorgio Armani S.P.A, Ralph Lauren Corporation, Ermenegildo Zegna, Kiton, Hugo Boss A.G, Channel, Kering, Levi Strauss Co., GIVI Holding, Nike, Adidas.
The leather products market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Leather Products Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Leather Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Leather Products Market - Supply Chain
4.5. Global Leather Products Market Forecast
4.5.1. Leather Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Leather Products Market Size (000 Units) and Y-o-Y Growth
4.5.3. Leather Products Market Absolute $ Opportunity
5. Global Leather Products Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Leather Products Market Size and Volume Forecast by Type
5.3.1. Natural Leather
5.3.2. Artificial Leather
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Leather Products Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Leather Products Market Size and Volume Forecast by Application
6.3.1. Online Store
6.3.2. Supermarket
6.3.3. Direct Store
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Leather Products Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Leather Products Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Leather Products Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Leather Products Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Leather Products Demand Share Forecast, 2019-2026
9. North America Leather Products Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Leather Products Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Leather Products Market Size and Volume Forecast by Application
9.4.1. Online Store
9.4.2. Supermarket
9.4.3. Direct Store
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Leather Products Market Size and Volume Forecast by Type
9.7.1. Natural Leather
9.7.2. Artificial Leather
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Leather Products Demand Share Forecast, 2019-2026
10. Latin America Leather Products Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Leather Products Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Leather Products Market Size and Volume Forecast by Application
10.4.1. Online Store
10.4.2. Supermarket
10.4.3. Direct Store
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Leather Products Market Size and Volume Forecast by Type
10.7.1. Natural Leather
10.7.2. Artificial Leather
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Leather Products Demand Share Forecast, 2019-2026
11. Europe Leather Products Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Leather Products Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Leather Products Market Size and Volume Forecast by Application
11.4.1. Online Store
11.4.2. Supermarket
11.4.3. Direct Store
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Leather Products Market Size and Volume Forecast by Type
11.7.1. Natural Leather
11.7.2. Artificial Leather
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Leather Products Demand Share, 2019-2026
12. Asia Pacific Leather Products Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Leather Products Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Leather Products Market Size and Volume Forecast by Application
12.4.1. Online Store
12.4.2. Supermarket
12.4.3. Direct Store
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Leather Products Market Size and Volume Forecast by Type
12.7.1. Natural Leather
12.7.2. Artificial Leather
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Leather Products Demand Share, 2019-2026
13. Middle East & Africa Leather Products Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Leather Products Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Leather Products Market Size and Volume Forecast by Application
13.4.1. Online Store
13.4.2. Supermarket
13.4.3. Direct Store
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Leather Products Market Size and Volume Forecast by Type
13.7.1. Natural Leather
13.7.2. Artificial Leather
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Leather Products Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Leather Products Market: Market Share Analysis
14.2. Leather Products Distributors and Customers
14.3. Leather Products Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kering SA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hermes International S.A
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Versace
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Prada
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dolce and Gabbana
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Burberry Group Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LVMH Moet Hennessy Louis Vuitton S.E
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Giorgio Armani S.P.A
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ralph Lauren Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ermenegildo Zegna
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kiton
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hugo Boss A.G
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Channel
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Kering
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Levi Strauss Co.
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. GIVI Holding
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Nike
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Adidas
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
