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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