Singapore Leather Goods Market to 2032

Overview

The Singapore Leather Goods Market is expected to reach a 15.13 USD Billion by 2032 and is projected to grow at a CAGR of 10.61% from 2025 to 2032.

Revenue, 2024 (USD Billion)
8.22
Forecast, 2032 (USD Billion)
15.13
CAGR, 2024 - 2032
10.61%
Report Coverage
Singapore

Singapore Leather Goods Market 2018-2032 USD Billion

Singapore Leather Goods Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 8.22 USD Billion
  • Projected Market Size (2032): 15.13 USD Billion
  • CAGR (2025-2032): 10.61%

Key Findings of Singapore Leather Goods Market

  • The Singapore Leather Goods Market was valued at 8.22 USD Billion in 2024.
  • The Singapore Leather Goods Market is likely to grow at a CAGR of 10.61% 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 4.80 USD Billion
  • The fastest growing segment Handbags in Product Segment grew Fastest with a CAGR of 11.08% during the forecast period from 2024 to 2032.

Singapore Leather Goods Market Scope

Singapore Leather Goods Market Segmentation & Scope
Product
  • Others
  • Belts
  • Wallets
  • Luggage
  • Apparel
  • Handbags
  • Footwear
Leather Type
  • Bonded Leather
  • Faux Leather
  • Genuine Leather
  • Top Grain Leather
  • Split Grain Leather
  • Full Grain Leather
Grade
  • Mid-Grade
  • High-Grade
Distribution Channel
  • Others
  • Supermarkets/Hypermarkets
  • E-Commerce
  • Company Franchised Stores
  • Specialty Stores

Singapore Leather Goods Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 8.22 USD Billion
Market Value in 2032 15.13 USD Billion
CAGR (2025-2032) 10.61%
Historic Data 2016-2023
Market Segments Covered Product,Leather Type,Grade,Distribution Channel

Regional Insights:

  • Leading Market (2024-2032): Singapore, leading in terms of revenue 8.22 USD Billion in 2024
    • Key Country: Singapore, leading in terms of revenue with value of 8,224.68 USD Million in 2024.

Segments and Scope

  • Singapore Leather Goods Market to 2032, By Product
    • Footwear is the largest segment in Singapore Leather Goods Market to 2032 with a revenue of 3.93 USD Billion in the year 2024.
    • Handbags is the Fastest growing segment in Singapore Leather Goods Market to 2032 with a Growth rate of 10.92 % in forecast period 2025-2032.
  • Singapore Leather Goods Market to 2032, By Leather Type
    • Full Grain Leather is the largest segment in Singapore Leather Goods Market to 2032 with a revenue of 3.63 USD Billion in the year 2024.
    • Top Grain Leather is the Fastest growing segment in Singapore Leather Goods Market to 2032 with a Growth rate of 10.58 % in forecast period 2025-2032.
  • Singapore Leather Goods Market to 2032, By Grade
    • High-Grade is the largest segment in Singapore Leather Goods Market to 2032 with a revenue of 4.80 USD Billion in the year 2024.
    • High-Grade is the Fastest growing segment in Singapore Leather Goods Market to 2032 with a Growth rate of 10.72 % in forecast period 2025-2032.
  • Singapore Leather Goods Market to 2032, By Distribution Channel
    • Specialty Stores is the largest segment in Singapore Leather Goods Market to 2032 with a revenue of 3.20 USD Billion in the year 2024.
    • E-Commerce is the Fastest growing segment in Singapore Leather Goods Market to 2032 with a Growth rate of 10.49 % in forecast period 2025-2032.

Singapore Leather Goods Market Company Share Analysis

 
Company Name Company Share Analysis
kering
PRADA S.P.A.
capri holdings limited
Hermès
Timberland
Singapore Leather Goods Market Company Share Analysis

Singapore Leather Goods Market Geographical Sales Distribution, 2018-2032 USD Billion

Singapore Leather Goods Market Geographical Sales Distribution, 2018-2032 USD Billion

Singapore Leather Goods Market Company Profiling

Singapore Leather Goods Market Company Profiling
Frequently Asked Questions
The Singapore Leather Goods Market is segmented based on Segmentation Product,Leather Type,Grade,Distribution Channel.
Singapore Leather Goods Market was valued at USD 8.22(Revenue in USD Billion) in 2021.
Singapore Leather Goods Market is projected to grow at a CAGR of 10.61% during the forecast period of 2024 to 2032.
The High-Grade segment is expected to dominate the Singapore Leather Goods Market, holding a largest market share of 4.80 USD Billion in 2024

Singapore Leather Goods Market Scope

Singapore Leather Goods Market Segmentation & Scope
Product
  • Others
  • Belts
  • Wallets
  • Luggage
  • Apparel
  • Handbags
  • Footwear
Leather Type
  • Bonded Leather
  • Faux Leather
  • Genuine Leather
  • Top Grain Leather
  • Split Grain Leather
  • Full Grain Leather
Grade
  • Mid-Grade
  • High-Grade
Distribution Channel
  • Others
  • Supermarkets/Hypermarkets
  • E-Commerce
  • Company Franchised Stores
  • Specialty Stores
Frequently Asked Questions
The Singapore Leather Goods Market is segmented based on Segmentation Product,Leather Type,Grade,Distribution Channel.
Singapore Leather Goods Market was valued at USD 8.22(Revenue in USD Billion) in 2021.
Singapore Leather Goods Market is projected to grow at a CAGR of 10.61% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Leather Goods Market for final year is USD 15.13 (USD Billion).

Singapore Leather Goods Market Company Profiling

Singapore Leather Goods Market Company Profiling
Frequently Asked Questions
The Singapore Leather Goods Market is segmented based on Segmentation Product,Leather Type,Grade,Distribution Channel.
Singapore Leather Goods Market was valued at USD 8.22(Revenue in USD Billion) in 2021.
Singapore Leather Goods Market is projected to grow at a CAGR of 10.61% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Leather Goods Market for final year is USD 15.13 (USD Billion).

Related Markets

HAVE A QUESTION?

Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.