South Africa Leather Goods Market to 2032
Overview
The South Africa Leather Goods Market is expected to reach a 12.28 USD Billion by 2032 and is projected to grow at a CAGR of 9.82% from 2025 to 2032.
Revenue, 2024 (USD Billion)
6.95
Forecast, 2032 (USD Billion)
12.28
CAGR, 2024 - 2032
9.82%
Report Coverage
South Africa
South Africa Leather Goods Market 2018-2032 USD Billion
South Africa Leather Goods Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 6.95 USD Billion
- Projected Market Size (2032): 12.28 USD Billion
- CAGR (2025-2032): 9.82%
Key Findings of South Africa Leather Goods Market
- The South Africa Leather Goods Market was valued at 6.95 USD Billion in 2024.
- The South Africa Leather Goods Market is likely to grow at a CAGR of 9.82% 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 4.06 USD Billion
- The fastest growing segment Handbags in Product Segment grew Fastest with a CAGR of 10.29% during the forecast period from 2024 to 2032.
South Africa Leather Goods Market Scope
South Africa Leather Goods Market Segmentation & Scope
Distribution Channel
- Others
- Supermarkets/Hypermarkets
- E-Commerce
- Company Franchised Stores
- Specialty Stores
Grade
- Mid-Grade
- High-Grade
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
South Africa Leather Goods Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 6.95 USD Billion |
| Market Value in 2032 | 12.28 USD Billion |
| CAGR (2025-2032) | 9.82% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,Grade,Product,Leather Type |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 6.95 USD Billion in 2024
- Key Country: South Africa, leading in terms of revenue with value of 6,948.98 USD Million in 2024.
Segments and Scope
-
South Africa Leather Goods Market to 2032, By Distribution Channel
- Specialty Stores is the largest segment in South Africa Leather Goods Market to 2032 with a revenue of 2.69 USD Billion in the year 2024.
- E-Commerce is the Fastest growing segment in South Africa Leather Goods Market to 2032 with a Growth rate of 9.70 % in forecast period 2025-2032.
-
South Africa Leather Goods Market to 2032, By Grade
- High-Grade is the largest segment in South Africa Leather Goods Market to 2032 with a revenue of 4.06 USD Billion in the year 2024.
- High-Grade is the Fastest growing segment in South Africa Leather Goods Market to 2032 with a Growth rate of 9.93 % in forecast period 2025-2032.
-
South Africa Leather Goods Market to 2032, By Product
- Footwear is the largest segment in South Africa Leather Goods Market to 2032 with a revenue of 3.35 USD Billion in the year 2024.
- Handbags is the Fastest growing segment in South Africa Leather Goods Market to 2032 with a Growth rate of 10.11 % in forecast period 2025-2032.
-
South Africa Leather Goods Market to 2032, By Leather Type
- Full Grain Leather is the largest segment in South Africa Leather Goods Market to 2032 with a revenue of 3.06 USD Billion in the year 2024.
- Top Grain Leather is the Fastest growing segment in South Africa Leather Goods Market to 2032 with a Growth rate of 9.79 % in forecast period 2025-2032.
South Africa Leather Goods Market Company Share Analysis
| Company Name |
|
||
| kering | |||
| PRADA S.P.A. | |||
| capri holdings limited | |||
| Hermès | |||
| Timberland | |||
South Africa Leather Goods Market Geographical Sales Distribution, 2018-2032 USD Billion
South Africa Leather Goods Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Leather Goods Market is segmented based on Segmentation Distribution Channel,Grade,Product,Leather Type.
South Africa Leather Goods Market was valued at USD 6.95(Revenue in USD Billion) in 2021.
South Africa Leather Goods Market is projected to grow at a CAGR of 9.82% during the forecast period of 2024 to 2032.
The High-Grade segment is expected to dominate the South Africa Leather Goods Market, holding a largest market share of 4.06 USD Billion in 2024
South Africa Leather Goods Market Scope
South Africa Leather Goods Market Segmentation & Scope
Distribution Channel
- Others
- Supermarkets/Hypermarkets
- E-Commerce
- Company Franchised Stores
- Specialty Stores
Grade
- Mid-Grade
- High-Grade
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
Frequently Asked Questions
The South Africa Leather Goods Market is segmented based on Segmentation Distribution Channel,Grade,Product,Leather Type.
South Africa Leather Goods Market was valued at USD 6.95(Revenue in USD Billion) in 2021.
South Africa Leather Goods Market is projected to grow at a CAGR of 9.82% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Leather Goods Market for final year is USD 12.28 (USD Billion).
South Africa Leather Goods Market Company Profiling
Frequently Asked Questions
The South Africa Leather Goods Market is segmented based on Segmentation Distribution Channel,Grade,Product,Leather Type.
South Africa Leather Goods Market was valued at USD 6.95(Revenue in USD Billion) in 2021.
South Africa Leather Goods Market is projected to grow at a CAGR of 9.82% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Leather Goods Market for final year is USD 12.28 (USD Billion).
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