Product Code: ETC019494 | Publication Date: Oct 2020 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Myanmar Leather goods Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 9.66% in 2028, following an initial rate of -4.66%, before easing to 7.21% at the end of the period.
The Leather goods market in Myanmar is projected to grow at a growing growth rate of 6.98% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
Myanmar leather goods market is witnessing growth with the rising demand for leather footwear, bags, and accessories in domestic and international markets. Leather goods are valued for their durability, craftsmanship, and timeless appeal, making them popular among fashion-conscious consumers. The market expansion is driven by the growth of the fashion industry, increasing disposable incomes, and the country`s rich tradition of leather craftsmanship.
The rising consumer demand for fashion accessories, footwear, and luxury goods drives the growth of the leather goods market in Myanmar. Leather goods encompass a wide range of products such as handbags, wallets, belts, shoes, and luggage items made from high-quality leather materials. Moreover, the increasing disposable incomes, changing fashion trends, and preference for premium and durable products fuel the demand for leather goods. Additionally, the presence of skilled artisans and traditional craftsmanship further stimulates market growth in Myanmar.
The leather goods market in Myanmar faces challenges such as competition from imported luxury brands, concerns over product quality and authenticity, and limited access to raw materials and manufacturing technologies. Additionally, affordability issues and lack of branding hinder market expansion.
To support the growth of the leather goods market, the government has introduced policies focusing on promoting craftsmanship and market competitiveness. These policies include providing incentives for local artisans and manufacturers, ensuring quality standards for leather products, and promoting export opportunities for Myanmar leather goods in international markets.
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 Myanmar Leather goods Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Leather goods Market Revenues & Volume, 2021 & 2031F |
3.3 Myanmar Leather goods Market - Industry Life Cycle |
3.4 Myanmar Leather goods Market - Porter's Five Forces |
3.5 Myanmar Leather goods Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Myanmar Leather goods Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Myanmar Leather goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Myanmar Leather goods Market Trends |
6 Myanmar Leather goods Market, By Types |
6.1 Myanmar Leather goods Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Leather goods Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Myanmar Leather goods Market Revenues & Volume, By Footwear, 2021-2031F |
6.1.4 Myanmar Leather goods Market Revenues & Volume, By Luggage, 2021-2031F |
6.1.5 Myanmar Leather goods Market Revenues & Volume, By Wallets & Purses, 2021-2031F |
6.1.6 Myanmar Leather goods Market Revenues & Volume, By Clothing and Apparel, 2021-2031F |
6.1.7 Myanmar Leather goods Market Revenues & Volume, By Others, 2021-2031F |
6.2 Myanmar Leather goods Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Leather goods Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.3 Myanmar Leather goods Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Myanmar Leather goods Market Revenues & Volume, By Online Stores, 2021-2031F |
7 Myanmar Leather goods Market Import-Export Trade Statistics |
7.1 Myanmar Leather goods Market Export to Major Countries |
7.2 Myanmar Leather goods Market Imports from Major Countries |
8 Myanmar Leather goods Market Key Performance Indicators |
9 Myanmar Leather goods Market - Opportunity Assessment |
9.1 Myanmar Leather goods Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Myanmar Leather goods Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Myanmar Leather goods Market - Competitive Landscape |
10.1 Myanmar Leather goods Market Revenue Share, By Companies, 2024 |
10.2 Myanmar Leather goods Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |