Product Code: ETC419541 | Publication Date: Oct 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Leather Luggage and Goods Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 4.36% in 2025, growth builds up to 15.56% by 2029.
The Leather Luggage and Goods market in Thailand is projected to grow at a growing growth rate of 6.23% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Thailand leather luggage and goods market is characterized by a blend of tradition and modernity. Thailand has a long history of producing high-quality leather goods, and this craftsmanship is reflected in the products available in the market. While global travel restrictions during the COVID-19 pandemic affected the travel industry, the market is poised for recovery as travel resumes. Consumers continue to appreciate the durability, elegance, and status associated with leather goods, including luggage, bags, wallets, and accessories. As the economy recovers, this market is expected to flourish.
The Thailand leather luggage and goods market is thriving due to several drivers. Firstly, the country`s reputation for producing high-quality leather products, including luggage, handbags, and wallets, has attracted both domestic and international consumers. Thai craftsmanship and attention to detail are highly regarded in the global luxury market. Additionally, the growth of the tourism industry in Thailand has contributed to the demand for leather luggage and travel accessories. The increasing disposable income of consumers and their preference for durable and stylish leather goods are further driving the market.
The leather luggage and goods market in Thailand faces challenges related to changing consumer preferences and competition from synthetic materials. Consumers are increasingly concerned about the environmental impact of leather production, and there is a growing demand for sustainable and cruelty-free alternatives. Economic factors, such as fluctuations in tourism and travel trends, can also affect the market`s stability, making it essential for businesses to diversify their product offerings and cater to evolving consumer demands.
The Thailand leather luggage and goods market took a substantial hit during the pandemic. Travel restrictions and reduced tourism led to a significant drop in demand for leather luggage and accessories. Luxury brands and retailers faced challenges in adapting to e-commerce channels, which became crucial during lockdowns. As the situation gradually improved, the market began to recover, focusing on e-commerce and local customer engagement.
The Thailand leather luggage and goods market is characterized by well-known brands that create premium leather travel accessories and fashion items. Leading players include "ThaiLux Leatherware," "JourneyMakers Thailand," and "LeatherCrafted." These companies are renowned for their craftsmanship and produce leather luggage, handbags, wallets, and other fashion accessories that appeal to both domestic and 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 Thailand Leather Luggage and Goods Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Leather Luggage and Goods Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Leather Luggage and Goods Market - Industry Life Cycle |
3.4 Thailand Leather Luggage and Goods Market - Porter's Five Forces |
3.5 Thailand Leather Luggage and Goods Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Leather Luggage and Goods Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Thailand Leather Luggage and Goods Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F |
4 Thailand Leather Luggage and Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Leather Luggage and Goods Market Trends |
6 Thailand Leather Luggage and Goods Market, By Types |
6.1 Thailand Leather Luggage and Goods Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Leather Luggage and Goods Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Leather Luggage and Goods Market Revenues & Volume, By Leather Luggage, 2021-2031F |
6.1.4 Thailand Leather Luggage and Goods Market Revenues & Volume, By Leather Goods, 2021-2031F |
6.2 Thailand Leather Luggage and Goods Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Thailand Leather Luggage and Goods Market Revenues & Volume, By Men, 2021-2031F |
6.2.3 Thailand Leather Luggage and Goods Market Revenues & Volume, By Women, 2021-2031F |
6.2.4 Thailand Leather Luggage and Goods Market Revenues & Volume, By Children, 2021-2031F |
6.3 Thailand Leather Luggage and Goods Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 Thailand Leather Luggage and Goods Market Revenues & Volume, By Online stores, 2021-2031F |
6.3.3 Thailand Leather Luggage and Goods Market Revenues & Volume, By Retail stores, 2021-2031F |
7 Thailand Leather Luggage and Goods Market Import-Export Trade Statistics |
7.1 Thailand Leather Luggage and Goods Market Export to Major Countries |
7.2 Thailand Leather Luggage and Goods Market Imports from Major Countries |
8 Thailand Leather Luggage and Goods Market Key Performance Indicators |
9 Thailand Leather Luggage and Goods Market - Opportunity Assessment |
9.1 Thailand Leather Luggage and Goods Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Leather Luggage and Goods Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Thailand Leather Luggage and Goods Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F |
10 Thailand Leather Luggage and Goods Market - Competitive Landscape |
10.1 Thailand Leather Luggage and Goods Market Revenue Share, By Companies, 2024 |
10.2 Thailand Leather Luggage and Goods Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |