Uploaded on Dec 15, 2020
Luggage and Leather Goods Market share trends segmentation and forecast by 2025
Luggage and Leather Goods Market
Luggage and Leather Goods Market share trends segmentation and forecast by 2025
Market Overview
Luggage and leather goods are produced from leather which is made up of animal skin such as
sheep, bovine, and goat skins. Leather goods composed of footwear, purses, wallets & belts,
handbags, and other leather goods. Moreover, leather is natural and it never goes out of fashion,
apart from fashion leather is highly resistant to harsh weather conditions as it does not peel off or
crack easily which increases durability.
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. Luggage leather includes, duffle bags, rolling luggage, backpacks, suitcases and
briefcases, and totes and hand-luggage. Moreover, leather is elegant that adds quality to the style as
these products can be carried anywhere. Moreover, leather is natural and it never goes out of
fashion, apart from fashion leather is highly resistant to harsh weather conditions as it does not peel
off or crack easily which increases durability.
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Market Dynamics
The global luggage and leather goods market has witnessed significant growth in the recent past
years, owing to the rising demand for luggage and leather goods from the consumer across the
world. Based on the product type, the global luggage and leather goods market is bifurcated in
leather and luggage. Among these segments, the leather goods segment dominated the global
luggage and leather goods market in 2018. Moreover, among the sub-segments of the leather goods,
the footwear segment has largest market share in the global luggage and leather goods market,
owing to the demand for the luxurious and premium accessories from the consumers across the
world. This is in turn is fueling the demand for the leather footwear across the world during the
forecast period.
Market Taxonomy:
• Global Luggage and Leather Goods Market, By Product 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
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Key players operating in the global luggage and leather goods market are 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, and Hermes
International SA
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