English Extended Distribution Press Release Reportedtimes Research Newswire

Luggage and Leather Goods Market, Size, Share, Growth, Industry Analysis, Opportunities and Forecast to 2030

Luggage and Leather Goods Market Overview:

The luggage and leather goods market is a thriving industry that includes a range of products such as suitcases, travel bags, backpacks, handbags, wallets, and other leather goods. The market is driven by factors such as increasing travel and tourism activities, rising disposable incomes, and changing fashion trends.

According to a report by Refined Reports Data, the global luggage market size was valued at USD 23.5 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2021 to 2028. The increasing demand for lightweight and durable luggage products, especially in the airline industry, is expected to drive the growth of the market.

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In terms of product type, the travel bags segment held the largest market share in 2020 due to the increasing number of international and domestic trips. The backpacks segment is also expected to grow significantly due to the growing trend of adventure sports and outdoor activities.

The leather goods market is also expected to grow at a steady rate due to the increasing demand for luxury and premium leather products. The rise in disposable incomes and changing consumer preferences towards quality and comfort are expected to boost the growth of the leather goods market. However, the market may face challenges due to the availability of synthetic and imitation leather products at lower prices.

Leading players of Luggage and Leather Goods including:
LVMH
Kering
Tapestry
Hermes
Burberry
Prada Group
Richemont Group
Belle
Natuzzi
Hugo Boss
Salvatore Ferragamo
CHANEL
AoKang
Red Dragonfly
Fossil Group

Market split by Type, can be divided into:
Natural Type
Artificial Type

Market split by Application, can be divided into:
Footwear
Gloves
Clothing
Vehicle Upholstery
Furniture Upholstery
Luggage and Other Leather Goods

Market split by Sales Channel, can be divided into:
Direct Channel
Distribution Channel

Geographically, the Asia Pacific region is expected to dominate the luggage and leather goods market due to the increasing number of tourists and rising disposable incomes in countries such as China and India. The market in North America and Europe is also expected to grow steadily due to the increasing number of business travelers and changing fashion trends.

Market segment by Region/Country including:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

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Table of Contents

Chapter 1 Luggage and Leather Goods Market Overview

Chapter 2 Luggage and Leather Goods Market Segment Analysis by Player

Chapter 3 Luggage and Leather Goods Market Segment Analysis by Type

Chapter 4 Luggage and Leather Goods Market Segment Analysis by Application

Chapter 5 Luggage and Leather Goods Market Segment Analysis by Sales Channel

Chapter 6 Luggage and Leather Goods Market Segment Analysis by Region

Chapter 7 Profile of Leading Luggage and Leather Goods Players

Chapter 8 Upstream and Downstream Analysis of Luggage and Leather Goods

Chapter 9 Development Trend of Luggage and Leather Goods (2021-2030)

Chapter 10 Appendix

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client’s interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Continue…

 

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