Global Leather Goods Market to 2032
Overview
The Global Leather Goods Market is expected to reach a 867.62 USD Billion by 2032 and is projected to grow at a CAGR of 7.42% from 2025 to 2032.
Revenue, 2024 (USD Billion)
467.76
Forecast, 2032 (USD Billion)
867.62
CAGR, 2024 - 2032
7.42%
Report Coverage
Global
Global Leather Goods Market 2018-2032 USD Billion
Global Leather Goods Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 467.76 USD Billion
- Projected Market Size (2032): 867.62 USD Billion
- CAGR (2025-2032): 7.42%
Key Findings of Global Leather Goods Market
- The Global Leather Goods Market was valued at 867.62 USD Billion in 2024.
- The Global Leather Goods Market is likely to grow at a CAGR of 7.42% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment High-Grade in Grade Segment accounted for the largest share of the market with a revenue of 267.15 USD Billion
- The fastest growing segment Footwear in Product Segment grew Fastest with a CAGR of 7.80% during the forecast period from 2024 to 2032.
Global Leather Goods Market Scope
Global Leather Goods Market Segmentation & Scope
Product
- Wallets
- Belts
- Others
- Footwear
- Handbags
- Apparel
- Luggage
Leather Type
- Full Grain Leather
- Split Grain Leather
- Top Grain Leather
- Genuine Leather
- Faux Leather
- Bonded Leather
Grade
- Mid-Grade
- High-Grade
Distribution Channel
- Specialty Stores
- Company Franchised Stores
- E-Commerce
- Supermarkets/Hypermarkets
- Others
Global Leather Goods Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 467.76 USD Billion |
| Market Value in 2032 | 867.62 USD Billion |
| CAGR (2025-2032) | 7.42% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,Leather Type,Grade,Distribution Channel |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 467.76 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 91,429.05 USD Million in 2024.
Segments and Scope
-
Global Leather Goods Market to 2032, By Product
- Footwear is the largest segment in Global Leather Goods Market to 2032 with a revenue of 202.89 USD Billion in the year 2024.
- Footwear is the Fastest growing segment in Global Leather Goods Market to 2032 with a Growth rate of 7.80 % in forecast period 2025-2032.
-
Global Leather Goods Market to 2032, By Leather Type
- Full Grain Leather is the largest segment in Global Leather Goods Market to 2032 with a revenue of 194.50 USD Billion in the year 2024.
- Genuine Leather is the Fastest growing segment in Global Leather Goods Market to 2032 with a Growth rate of 7.54 % in forecast period 2025-2032.
-
Global Leather Goods Market to 2032, By Grade
- High-Grade is the largest segment in Global Leather Goods Market to 2032 with a revenue of 267.15 USD Billion in the year 2024.
- High-Grade is the Fastest growing segment in Global Leather Goods Market to 2032 with a Growth rate of 7.59 % in forecast period 2025-2032.
-
Global Leather Goods Market to 2032, By Distribution Channel
- Specialty Stores is the largest segment in Global Leather Goods Market to 2032 with a revenue of 175.02 USD Billion in the year 2024.
- E-Commerce is the Fastest growing segment in Global Leather Goods Market to 2032 with a Growth rate of 7.46 % in forecast period 2025-2032.
Global Leather Goods Market Company Share Analysis
| Company Name |
|
||
| kering | |||
| PRADA S.P.A. | |||
| capri holdings limited | |||
| Hermès | |||
| Timberland | |||
Global Leather Goods Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Leather Goods Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Leather Goods Market is segmented based on Segmentation Product,Leather Type,Grade,Distribution Channel.
Global Leather Goods Market was valued at USD 467.76(Revenue in USD Billion) in 2021.
Global Leather Goods Market is projected to grow at a CAGR of 7.42% during the forecast period of 2024 to 2032.
The High-Grade segment is expected to dominate the Global Leather Goods Market, holding a largest market share of 267.15 USD Billion in 2024
Global Leather Goods Market Scope
Global Leather Goods Market Segmentation & Scope
Product
- Wallets
- Belts
- Others
- Footwear
- Handbags
- Apparel
- Luggage
Leather Type
- Full Grain Leather
- Split Grain Leather
- Top Grain Leather
- Genuine Leather
- Faux Leather
- Bonded Leather
Grade
- Mid-Grade
- High-Grade
Distribution Channel
- Specialty Stores
- Company Franchised Stores
- E-Commerce
- Supermarkets/Hypermarkets
- Others
Frequently Asked Questions
The Global Leather Goods Market is segmented based on Segmentation Product,Leather Type,Grade,Distribution Channel.
Global Leather Goods Market was valued at USD 467.76(Revenue in USD Billion) in 2021.
Global Leather Goods Market is projected to grow at a CAGR of 7.42% during the forecast period of 2024 to 2032.
The estimated market value of the Global Leather Goods Market for final year is USD 867.62 (USD Billion).
Global Leather Goods Market Company Profiling
Frequently Asked Questions
The Global Leather Goods Market is segmented based on Segmentation Product,Leather Type,Grade,Distribution Channel.
Global Leather Goods Market was valued at USD 467.76(Revenue in USD Billion) in 2021.
Global Leather Goods Market is projected to grow at a CAGR of 7.42% during the forecast period of 2024 to 2032.
The estimated market value of the Global Leather Goods Market for final year is USD 867.62 (USD Billion).
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