Infographics - Luggage And Leather Goods Market

Global luggage and leather goods market has been witnessing steady growth over the past few years. Factors such as expanding middle-class population, rising tourism activities, increasing disposable incomes and growing consumer spending on luxury and fashion items have been positively influencing the demand for high quality luggage, purses, wallets and other leather goods. However, volatile leather prices are coupled with the availability of affordable synthetic substitutes that present a few challenges for the market players. Moreover, changing consumer preferences towards compact and lightweight bags is prompting companies to develop innovative and technologically advanced products. Overall, the industry has strong growth potential over the long run on account of evolving consumer lifestyles and the growing need for premium and branded luggage/leather products worldwide. Luggage and leather goods are produced from leather which is made up of animal skin. These products are highly durable and offer aesthetic look to the products. Leather goods includes footwear, clutches and wallets, clothing, and apparel, upholstery (furniture and automotive), and leather accessories.

Market Dynamics:

The key drivers propelling the global luggage and leather goods market forward include rapid urbanization, increasing youth population and proliferation of the e-commerce retail space which has significantly enhanced product discovery and accessibility across geographies. At the same time, strict emission regulations and rising environmental concerns surrounding livestock farming pose restraints to the market. On the positive side, growing preference of consumers towards eco-friendly vegan leather variants present lucrative opportunities for manufactures to expand their sustainable product portfolios. Rising global tourism and business travel activities are further stimulating the demand for high quality luggage bags.

Key features of the study:

This report provides an in-depth analysis of the global luggage and leather goods market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global luggage and leather goods market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Knoll, American Leather., Aero Leather Clothing Ltd., Samsonite International S.A.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
Global luggage and leather goods market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global luggage and leather goods market.

Detailed Segmentation:

Global Luggage and leather goods Market, By Type
- Leather Goods
  - Footwear
  - Clothing and Apparel
  - Clutches and Wallets
  - Upholstery (Furniture and Automotive)
  - Leather Accessories
  - Others
- Luggage
  - Rolling Luggage
  - Duffle Bags
  - Suitcases and Briefcases
  - Backpacks
  - Totes and Hand-luggage
  - Others
Global Luggage and leather goods Market, By Sales Channel
- General Retailers
- Single Brand Stores
- Specialty and Multi-brand stores
- Unorganized small stores
- Online
- Others
Global Luggage and leather goods Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Top Companies in the Global Luggage and leather goods Market:
- Knoll Inc.
- American Leather, Inc.
- Aero Leather Clothing Ltd.
- Samsonite International S.A.
- VIP Industries Ltd.
- LVMH Moët Hennessy Louis Vuitton SE
- Timberland,
- Johnston & Murphy
- Woodland
- Hermes International SA.

Table of Contents

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Global Luggage and leather goods, By Type
  - Global Luggage and leather goods, By Sales Channel
  - Global Luggage and leather goods, By Region
- Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
    - Increasing tourism and travel
  - Restraints
    - Availability of cheaper alternatives
  - Opportunities
    - Innovation in materials and designs
- Key Highlights
- Regulatory Scenario
- Recent Trends
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Mergers, Acquisitions, and Collaborations
Global Luggage and leather goods - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
Global Luggage and leather goods, By Type, 2019-2031, (US$ Bn)
- Introduction
  - Market Share Analysis, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2019- 2031
  - Segment Trends
- Leather Goods
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 – 2031, (US$ Bn)
  - Sub-segment Trend
    - Footwear
    - Clothing and Apparel
    - Clutches and Wallets
    - Upholstery (Furniture and Automotive)
    - Leather Accessories
    - Others
- Luggage
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (S$ Bn)
  - Sub-segment Trends
  - Rolling Luggage
    - Duffle Bags
    - Suitcases and Briefcases
    - Backpacks
    - Totes and Hand-luggage
    - Others
Global Luggage and Leather Good Market, By Sales Channel, 2019 – 2031 (US$ Bn)
- Introduction
  - Market Share Analysis, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, 2019 - 2031
  - Segment Trends
- General Retailers
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Single Brand Stores
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Specialty and Multi-brand stores
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Unorganized small stores
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Online
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Global Luggage and leather goods Market , By Region, 2019-2031, (US$ Bn)
- Introduction
  - Market Share Analysis, By Region, 2024 and 2031 (%)
  - Y-o-Y Growth Analysis, For Region, 2019- 2031
  - Country Trends
- North America
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Type, 2019-2031,US$ Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2019-2031,( US$ Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
    - U.S.
    - Canada
- Europe
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Type, 2019-2031,(US$ Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2019-2031,(US$ Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
    - Germany
    - U.K.
    - Spain
    - France
    - Italy
    - Russia
    - Rest of Europe
- Asia Pacific
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Type, 2019-2031,(US$ Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2019-2031,(US$ Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
    - China
    - India
    - Japan
    - Australia
    - South Korea
    - ASEAN
    - Rest of Asia Pacific
- Latin America
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Type, 2019-2031,(US$ Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2019-2031,(US$ Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Middle East & Africa
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Type, 2019-2031,(US$ Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2019-2031,(US$ Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
    - GCC Countries
    - Israel
    - South Africa
    - Central Africa
    - North Africa
    - Rest of Middle East
Competitive Landscape
- Company Profile
  - Knoll, Inc.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - American Leather, Inc.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Aero Leather Clothing Ltd.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Samsonite International S.A.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - VIP Industries Ltd.
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - LVMH Moët Hennessy Louis Vuitton SE
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Timberland
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Johnston & Murphy
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Woodland
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
  - Hermes International SA
    - Company Overview
    - Product Portfolio
    - Financial Performance
    - Recent Developments/Updates
    - Future Plans
- Analyst Views
Section
- References
- Research Methodology
- About us

*Browse 24 market data tables and 28 figures on “Global Luggage and leather goods Market” - Global forecast to 2031

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LUGGAGE AND LEATHER GOODS MARKET ANALYSIS

Luggage And Leather Goods Market

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