Vietnam Leather Luggage and Goods Market (2025-2031) Outlook | Analysis, Value, Companies, Trends, Share, Forecast, Size, Growth, Industry & Revenue

Market Forecast By Product Type (Leather Luggage, Leather Goods), By Category (Men, Women, Children), By Distribution Channels (Online stores, Retail stores) And Competitive Landscape
Product Code: ETC419546 Publication Date: Oct 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam Leather Luggage and Goods Market Size Growth Rate


The Vietnam Leather Luggage and Goods Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 16.24% in 2028, following an initial rate of 14.29%, before easing to 14.93% at the end of the period.

Vietnam Leather Luggage and Goods Market Growth Rate

Leather Luggage and Goods Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)


In the Asia region, the Leather Luggage and Goods market in Vietnam is projected to expand at a exponential growth rate of 16.15% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

Leather Luggage and Goods Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)

Vietnam Leather Luggage and Goods Market Synopsis

Vietnam has emerged as a prominent player in the leather luggage and goods market, producing a wide range of leather products such as bags, wallets, and luggage. The country`s skilled workforce, cost-effective manufacturing, and strong leather processing capabilities have made it an attractive hub for both domestic and international brands. The market`s growth is further fueled by the global demand for quality leather goods.

Drivers of the Market

The leather luggage and goods market in Vietnam is prospering due to the rising affluence of the middle class and their inclination towards premium and durable products. Leather luggage, including travel bags and suitcases, is highly popular among both domestic and international travelers. Additionally, leather goods such as wallets, belts, and shoes are considered fashion statements, driving demand. The market is also influenced by the increasing trend of sustainable and ethically sourced leather products.

Challenges of the Market

The Vietnam leather luggage and goods market face challenges similar to other segments of the leather industry, including ethical concerns regarding animal welfare and environmental regulations. Additionally, fluctuations in global travel trends, such as the impact of the COVID-19 pandemic on travel demand, can affect the market`s performance.

COVID-19 Impact on the Market

The leather luggage and goods market faced challenges during the COVID-19 pandemic as travel restrictions and reduced consumer spending on non-essential items impacted demand. With travel and tourism significantly affected, the market had to reevaluate its strategies and adapt to changing consumer behavior.

Key Players in the Market

For leather luggage and goods, Sapone Vietnam is a notable player. Sapone Vietnam is renowned for its exquisite leather luggage and accessories, offering a wide range of products from travel bags to wallets. Their attention to detail and commitment to timeless design have made them a preferred choice for those seeking luxury leather goods in Vietnam.

Key Highlights of the Report:

  • Vietnam Leather Luggage and Goods Market Outlook
  • Market Size of Vietnam Leather Luggage and Goods Market, 2024
  • Forecast of Vietnam Leather Luggage and Goods Market, 2031
  • Historical Data and Forecast of Vietnam Leather Luggage and Goods Revenues & Volume for the Period 2021-2031
  • Vietnam Leather Luggage and Goods Market Trend Evolution
  • Vietnam Leather Luggage and Goods Market Drivers and Challenges
  • Vietnam Leather Luggage and Goods Price Trends
  • Vietnam Leather Luggage and Goods Porter's Five Forces
  • Vietnam Leather Luggage and Goods Industry Life Cycle
  • Historical Data and Forecast of Vietnam Leather Luggage and Goods Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Leather Luggage and Goods Market Revenues & Volume By Leather Luggage for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Leather Luggage and Goods Market Revenues & Volume By Leather Goods for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Leather Luggage and Goods Market Revenues & Volume By Category for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Leather Luggage and Goods Market Revenues & Volume By Men for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Leather Luggage and Goods Market Revenues & Volume By Women for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Leather Luggage and Goods Market Revenues & Volume By Children for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Leather Luggage and Goods Market Revenues & Volume By Distribution Channels for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Leather Luggage and Goods Market Revenues & Volume By Online stores for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Leather Luggage and Goods Market Revenues & Volume By Retail stores for the Period 2021-2031
  • Vietnam Leather Luggage and Goods Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Category
  • Market Opportunity Assessment By Distribution Channels
  • Vietnam Leather Luggage and Goods Top Companies Market Share
  • Vietnam Leather Luggage and Goods Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Leather Luggage and Goods Company Profiles
  • Vietnam Leather Luggage and Goods Key Strategic Recommendations

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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 Vietnam Leather Luggage and Goods Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Leather Luggage and Goods Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Leather Luggage and Goods Market - Industry Life Cycle

3.4 Vietnam Leather Luggage and Goods Market - Porter's Five Forces

3.5 Vietnam Leather Luggage and Goods Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Vietnam Leather Luggage and Goods Market Revenues & Volume Share, By Category, 2021 & 2031F

3.7 Vietnam Leather Luggage and Goods Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F

4 Vietnam Leather Luggage and Goods Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing disposable income of consumers in Vietnam

4.2.2 Growing tourism industry in Vietnam

4.2.3 Rising demand for premium and luxury leather goods in the market

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs

4.3.2 Intense competition from domestic and international brands

5 Vietnam Leather Luggage and Goods Market Trends

6 Vietnam Leather Luggage and Goods Market, By Types

6.1 Vietnam Leather Luggage and Goods Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Leather Luggage and Goods Market Revenues & Volume, By Product Type, 2021-2031F

6.1.3 Vietnam Leather Luggage and Goods Market Revenues & Volume, By Leather Luggage, 2021-2031F

6.1.4 Vietnam Leather Luggage and Goods Market Revenues & Volume, By Leather Goods, 2021-2031F

6.2 Vietnam Leather Luggage and Goods Market, By Category

6.2.1 Overview and Analysis

6.2.2 Vietnam Leather Luggage and Goods Market Revenues & Volume, By Men, 2021-2031F

6.2.3 Vietnam Leather Luggage and Goods Market Revenues & Volume, By Women, 2021-2031F

6.2.4 Vietnam Leather Luggage and Goods Market Revenues & Volume, By Children, 2021-2031F

6.3 Vietnam Leather Luggage and Goods Market, By Distribution Channels

6.3.1 Overview and Analysis

6.3.2 Vietnam Leather Luggage and Goods Market Revenues & Volume, By Online stores, 2021-2031F

6.3.3 Vietnam Leather Luggage and Goods Market Revenues & Volume, By Retail stores, 2021-2031F

7 Vietnam Leather Luggage and Goods Market Import-Export Trade Statistics

7.1 Vietnam Leather Luggage and Goods Market Export to Major Countries

7.2 Vietnam Leather Luggage and Goods Market Imports from Major Countries

8 Vietnam Leather Luggage and Goods Market Key Performance Indicators

8.1 Average selling price of leather luggage and goods

8.2 Consumer sentiment towards luxury leather products

8.3 Number of tourists visiting Vietnam and purchasing leather goods

9 Vietnam Leather Luggage and Goods Market - Opportunity Assessment

9.1 Vietnam Leather Luggage and Goods Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Vietnam Leather Luggage and Goods Market Opportunity Assessment, By Category, 2021 & 2031F

9.3 Vietnam Leather Luggage and Goods Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F

10 Vietnam Leather Luggage and Goods Market - Competitive Landscape

10.1 Vietnam Leather Luggage and Goods Market Revenue Share, By Companies, 2024

10.2 Vietnam Leather Luggage and Goods Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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