| Product Code: ETC13356093 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Leather Luggage & Goods Market was valued at USD 72.1 Billion in 2024 and is expected to reach USD 99.3 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The global leather luggage & goods market is a thriving industry driven by the increasing consumer preference for durable and stylish travel accessories. The market encompasses a wide range of products including leather bags, suitcases, wallets, belts, and other accessories. Key factors contributing to the market growth include rising disposable incomes, growing travel and tourism industry, and the enduring popularity of leather products for their quality and aesthetic appeal. Major players in the market are constantly innovating to meet evolving consumer preferences, with a focus on sustainability and ethical sourcing practices gaining prominence. The market is highly competitive, with key players leveraging e-commerce platforms and strategic marketing initiatives to expand their global reach. Overall, the global leather luggage & goods market is projected to continue its growth trajectory, driven by a combination of consumer lifestyle trends and industry innovation.
The Global Leather Luggage & Goods Market is experiencing a shift towards sustainable and ethically sourced materials, driven by consumer demand for eco-friendly products. This trend presents opportunities for companies to innovate in their manufacturing processes, such as using vegetable-tanned leather or recycled materials. Personalization and customization are also key trends in the market, with consumers seeking unique and bespoke leather goods. E-commerce is playing a significant role in driving sales growth, offering a convenient platform for consumers to purchase leather luggage and goods. The luxury segment continues to thrive, with high-end brands focusing on craftsmanship and exclusivity. Overall, the market is poised for growth as consumers increasingly value quality, durability, and timeless design in their leather products.
The Global Leather Luggage & Goods Market faces several challenges, including increasing competition from alternative materials such as synthetic fabrics and eco-friendly options, fluctuating raw material prices, and the impact of changing consumer preferences towards sustainability and ethical sourcing. Additionally, the market is also affected by economic uncertainties, trade regulations, and geopolitical tensions that can disrupt supply chains and manufacturing processes. The rise of e-commerce and the shift towards online shopping have also posed challenges for traditional brick-and-mortar retailers in this industry. To stay competitive, companies in the Global Leather Luggage & Goods Market need to innovate their products, adopt sustainable practices, and enhance their online presence to cater to evolving consumer demands while navigating the complexities of the global market landscape.
The Global Leather Luggage & Goods Market is primarily driven by factors such as increasing disposable incomes, growing consumer preferences for premium and luxury products, rising international travel and tourism activities, and the expanding e-commerce sector. Additionally, the demand for durable and stylish leather goods, coupled with a preference for environmentally sustainable materials, is fueling market growth. The rise in business travel and leisure trips, especially among the millennial and Gen Z demographics, is also contributing to the demand for high-quality leather luggage and goods. Furthermore, advancements in product designs, customization options, and the availability of a wide range of products across various price points are further propelling the market forward.
Government policies related to the Global Leather Luggage & Goods Market vary across countries and regions. Common policies include regulations on quality standards, environmental sustainability, labor practices, and tariffs. Many countries have implemented restrictions on the sourcing of leather to ensure ethical practices and animal welfare. Additionally, there are policies aimed at promoting local production and supporting domestic manufacturers through subsidies and trade agreements. Environmental regulations such as restrictions on chemical usage in tanning processes are also prevalent in the industry. Tariffs and trade agreements play a significant role in shaping the market dynamics, impacting the cost of imports and exports. Overall, government policies in the Global Leather Luggage & Goods Market are focused on ensuring ethical practices, sustainability, and supporting local industries while also addressing environmental concerns.
The Global Leather Luggage & Goods Market is projected to experience steady growth in the coming years, driven by factors such as rising disposable income levels, increasing travel and tourism activities, and a growing preference for high-quality and durable luggage products. The market is expected to benefit from the continued popularity of premium leather goods among consumers seeking luxury and style in their travel accessories. Additionally, advancements in design, technology, and sustainability practices are likely to shape the market landscape, with a focus on eco-friendly materials and innovative features. Despite facing challenges from the rise of alternative materials and changing consumer preferences, the leather luggage and goods market is poised for expansion, particularly in emerging markets where urbanization and a burgeoning middle-class population are driving demand for luxury travel products.
The global leather luggage and goods market shows varying trends across different regions. In Asia, particularly in countries like China and India, there is a growing demand for luxury leather goods due to increasing disposable incomes and changing consumer preferences. North America remains a key market for premium leather luggage and accessories, driven by a strong presence of established luxury brands and a penchant for high-quality products. In Europe, there is a trend towards sustainable and ethically sourced leather goods, with a focus on craftsmanship and timeless designs. The Middle East and Africa region is witnessing a rise in demand for luxury leather goods, fueled by a booming tourism industry and a growing affluent consumer base. In Latin America, there is a growing interest in locally made leather goods, combining traditional craftsmanship with modern designs to cater to both domestic and international markets.
Global Leather Luggage & Goods Market |
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 Global Leather Luggage & Goods Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Leather Luggage & Goods Market Revenues & Volume, 2021 & 2031F |
3.3 Global Leather Luggage & Goods Market - Industry Life Cycle |
3.4 Global Leather Luggage & Goods Market - Porter's Five Forces |
3.5 Global Leather Luggage & Goods Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Leather Luggage & Goods Market Revenues & Volume Share, By Online stores, 2021 & 2031F |
3.7 Global Leather Luggage & Goods Market Revenues & Volume Share, By Men, 2021 & 2031F |
3.8 Global Leather Luggage & Goods Market Revenues & Volume Share, By Travel bags, 2021 & 2031F |
4 Global Leather Luggage & Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Leather Luggage & Goods Market Trends |
6 Global Leather Luggage & Goods Market, 2021 - 2031 |
6.1 Global Leather Luggage & Goods Market, Revenues & Volume, By Online stores, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Leather Luggage & Goods Market, Revenues & Volume, By Retail Stores, 2021 - 2031 |
6.1.3 Global Leather Luggage & Goods Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Leather Luggage & Goods Market, Revenues & Volume, By Men, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Leather Luggage & Goods Market, Revenues & Volume, By Women, 2021 - 2031 |
6.2.3 Global Leather Luggage & Goods Market, Revenues & Volume, By Unisex, 2021 - 2031 |
6.3 Global Leather Luggage & Goods Market, Revenues & Volume, By Travel bags, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Leather Luggage & Goods Market, Revenues & Volume, By Casual bags, 2021 - 2031 |
6.3.3 Global Leather Luggage & Goods Market, Revenues & Volume, By Business bags, 2021 - 2031 |
6.3.4 Global Leather Luggage & Goods Market, Revenues & Volume, By Purses, wallets & belts Accessories, 2021 - 2031 |
6.3.5 Global Leather Luggage & Goods Market, Revenues & Volume, By Footwear Accessories, 2021 - 2031 |
6.3.6 Global Leather Luggage & Goods Market, Revenues & Volume, By Leather bracelets Accessories, 2021 - 2031 |
6.3.7 Global Leather Luggage & Goods Market, Revenues & Volume, By Neckpieces Accessories, 2021 - 2031 |
6.3.8 Global Leather Luggage & Goods Market, Revenues & Volume, By Gloves Accessories, 2021 - 2031 |
7 North America Leather Luggage & Goods Market, Overview & Analysis |
7.1 North America Leather Luggage & Goods Market Revenues & Volume, 2021 - 2031 |
7.2 North America Leather Luggage & Goods Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Leather Luggage & Goods Market, Revenues & Volume, By Online stores, 2021 - 2031 |
7.4 North America Leather Luggage & Goods Market, Revenues & Volume, By Men, 2021 - 2031 |
7.5 North America Leather Luggage & Goods Market, Revenues & Volume, By Travel bags, 2021 - 2031 |
8 Latin America (LATAM) Leather Luggage & Goods Market, Overview & Analysis |
8.1 Latin America (LATAM) Leather Luggage & Goods Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Leather Luggage & Goods Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Leather Luggage & Goods Market, Revenues & Volume, By Online stores, 2021 - 2031 |
8.4 Latin America (LATAM) Leather Luggage & Goods Market, Revenues & Volume, By Men, 2021 - 2031 |
8.5 Latin America (LATAM) Leather Luggage & Goods Market, Revenues & Volume, By Travel bags, 2021 - 2031 |
9 Asia Leather Luggage & Goods Market, Overview & Analysis |
9.1 Asia Leather Luggage & Goods Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Leather Luggage & Goods Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Leather Luggage & Goods Market, Revenues & Volume, By Online stores, 2021 - 2031 |
9.4 Asia Leather Luggage & Goods Market, Revenues & Volume, By Men, 2021 - 2031 |
9.5 Asia Leather Luggage & Goods Market, Revenues & Volume, By Travel bags, 2021 - 2031 |
10 Africa Leather Luggage & Goods Market, Overview & Analysis |
10.1 Africa Leather Luggage & Goods Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Leather Luggage & Goods Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Leather Luggage & Goods Market, Revenues & Volume, By Online stores, 2021 - 2031 |
10.4 Africa Leather Luggage & Goods Market, Revenues & Volume, By Men, 2021 - 2031 |
10.5 Africa Leather Luggage & Goods Market, Revenues & Volume, By Travel bags, 2021 - 2031 |
11 Europe Leather Luggage & Goods Market, Overview & Analysis |
11.1 Europe Leather Luggage & Goods Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Leather Luggage & Goods Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Leather Luggage & Goods Market, Revenues & Volume, By Online stores, 2021 - 2031 |
11.4 Europe Leather Luggage & Goods Market, Revenues & Volume, By Men, 2021 - 2031 |
11.5 Europe Leather Luggage & Goods Market, Revenues & Volume, By Travel bags, 2021 - 2031 |
12 Middle East Leather Luggage & Goods Market, Overview & Analysis |
12.1 Middle East Leather Luggage & Goods Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Leather Luggage & Goods Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Leather Luggage & Goods Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Leather Luggage & Goods Market, Revenues & Volume, By Online stores, 2021 - 2031 |
12.4 Middle East Leather Luggage & Goods Market, Revenues & Volume, By Men, 2021 - 2031 |
12.5 Middle East Leather Luggage & Goods Market, Revenues & Volume, By Travel bags, 2021 - 2031 |
13 Global Leather Luggage & Goods Market Key Performance Indicators |
14 Global Leather Luggage & Goods Market - Export/Import By Countries Assessment |
15 Global Leather Luggage & Goods Market - Opportunity Assessment |
15.1 Global Leather Luggage & Goods Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Leather Luggage & Goods Market Opportunity Assessment, By Online stores, 2021 & 2031F |
15.3 Global Leather Luggage & Goods Market Opportunity Assessment, By Men, 2021 & 2031F |
15.4 Global Leather Luggage & Goods Market Opportunity Assessment, By Travel bags, 2021 & 2031F |
16 Global Leather Luggage & Goods Market - Competitive Landscape |
16.1 Global Leather Luggage & Goods Market Revenue Share, By Companies, 2024 |
16.2 Global Leather Luggage & Goods Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |