Market Forecast By Product Type (Footwear, Luggage, Wallets & Purses, Clothing and Apparel, Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Stores) And Competitive Landscape
Product Code: ETC019465 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Argentina Leather Goods Market |
Forecast period | 2025-2031 |
CAGR | 7% |
Growing Sector | Leather Goods |
The Argentina Leather Goods Market Report comprehensively covers the market by Product Type, and Distribution Channel. The report provides a profound and detailed analysis of the current market trends, opportunities/high growth areas, and market drivers which will aid stakeholders in devising and aligning their market strategies according to the present and future market dynamics.
The Argentina Leather Goods Market is anticipated to witness notable growth during the forecast period. This growth can be attributed to the growing demand for leather goods in various sectors such as fashion, luxury, and automotive.
According to 6Wresearch, the Argentina Leather Goods Market is expected to grow at a CAGR of 7% during 2025-2031. The Argentina Leather Goods Market is anticipated to witness notable growth during the forecast period. This growth can be attributed to the increasing disposable income, changing consumer preferences towards premium and luxury leather goods, and a growing fashion-conscious population. The market is also driven by the continuous innovation and development of new designs, materials, and styles in leather goods. This attracts consumers who are always looking for unique and trendy products. Furthermore, the increasing use of e-commerce platforms for the sale and distribution of leather goods has also contributed to the growth of this market.
Despite the promising growth prospects, the Argentina Leather Goods Market faces challenges. These include the increasing competition from synthetic and vegan leather products. These alternatives offer similar qualities at a lower cost, making them more attractive to price-conscious consumers. This may impact the sales of traditional leather goods in the market. Moreover, fluctuations in raw material prices can also pose a challenge for manufacturers and retailers, affecting their profit margins. The use of chemicals in tanning and processing of leather has also raised concerns regarding environmental sustainability, leading to calls for more eco-friendly production methods.
Key players in the Argentina Leather Goods Market include international brands like Louis Vuitton, Tannery SA, Vélez S.A., Cueros Vélez S.A.S, L&V Cueros y Pieles SA, and Almacenes Exito S.A. These companies are investing heavily in R&D to create innovative and stylish products to expand their market presence. Currently, Louis Vuitton holds the largest share in the market.
The government of Argentina has implemented various regulations and policies to support the growth and development of the leather goods industry. These regulations aim to promote sustainable practices in the production of leather goods, protect animal welfare, and ensure consumer safety. The National Leather Plan aims to boost competitiveness and sustainability in the leather sector through technological advancements and international certifications. Moreover, there are strict regulations on the importation of exotic skins for luxury products such as alligator or crocodile leather. This is done to protect endangered species from illegal trade and maintain environmental balance. The government also imposes taxes on imported leather goods to promote domestic manufacturing and support local businesses.
The Argentina Leather Goods Market is expected to continue its growth trajectory in the coming years, driven by factors such as rising disposable income, changing consumer preferences, and government support. The market is also witnessing a shift towards sustainable and ethical practices, which will further propel its growth. Moreover, with advancements in technology and e-commerce, the market is expected to witness a surge in online sales of leather goods. This presents significant opportunities for both domestic and international players in the market. Furthermore, collaborations between local manufacturers and international brands are expected to increase, leading to an influx of innovative and trendy products in the market.
According to Dhaval, Research Manager, 6Wresearch, Footwear holds the dominant market share due to their wide applications and convenience.
Online Stores are expected to hold the dominant share due to the increasing trend of online shopping and the convenience it offers to consumers.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Argentina Leather goods Market Overview |
3.1 Argentina Country Macro Economic Indicators |
3.2 Argentina Leather goods Market Revenues & Volume, 2021 & 2031F |
3.3 Argentina Leather goods Market - Industry Life Cycle |
3.4 Argentina Leather goods Market - Porter's Five Forces |
3.5 Argentina Leather goods Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Argentina Leather goods Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Argentina Leather goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Argentina Leather goods Market Trends |
6 Argentina Leather goods Market, By Types |
6.1 Argentina Leather goods Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Argentina Leather goods Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Argentina Leather goods Market Revenues & Volume, By Footwear, 2021-2031F |
6.1.4 Argentina Leather goods Market Revenues & Volume, By Luggage, 2021-2031F |
6.1.5 Argentina Leather goods Market Revenues & Volume, By Wallets & Purses, 2021-2031F |
6.1.6 Argentina Leather goods Market Revenues & Volume, By Clothing and Apparel, 2021-2031F |
6.1.7 Argentina Leather goods Market Revenues & Volume, By Others, 2021-2031F |
6.2 Argentina Leather goods Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Argentina Leather goods Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.3 Argentina Leather goods Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Argentina Leather goods Market Revenues & Volume, By Online Stores, 2021-2031F |
7 Argentina Leather goods Market Import-Export Trade Statistics |
7.1 Argentina Leather goods Market Export to Major Countries |
7.2 Argentina Leather goods Market Imports from Major Countries |
8 Argentina Leather goods Market Key Performance Indicators |
9 Argentina Leather goods Market - Opportunity Assessment |
9.1 Argentina Leather goods Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Argentina Leather goods Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Argentina Leather goods Market - Competitive Landscape |
10.1 Argentina Leather goods Market Revenue Share, By Companies, 2024 |
10.2 Argentina Leather goods Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |