COVID-19 Impact & Recovery Analysis- Leather Goods Market 2019-2023 | Product Premiumization to Boost Growth | Technavio

Our leather goods market report covers the following areas:

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Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Monday, July 13, 2020
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Tags: 
Manufacturing, Home Goods, Fashion, Other Manufacturing, Retail, Companies, Culture, Brands, Luxury brands, CAC 40, Fashion, Richemont, LVMH, Prada, Kering, Handbag, Louis Vuitton
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Summary
Key Points: 
  • Our leather goods market report covers the following areas:
    This study identifies increase in demand for luxury handbags made from eco-friendly materials as one of the prime reasons driving the leather goods market growth during the next few years.
  • We provide a detailed analysis of vendors operating in the leather goods market, including some of the vendors such as adidas AG, Capri Holdings Ltd., Compagnie Financire Richemont SA, Herms, Kering SA, LVMH Mot Hennessy - Louis Vuitton, Nike Inc., PRADA Spa, Tapestry Inc., and VF Corp.
  • Backed with competitive intelligence and benchmarking, our research reports on the leather goods market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.


Technavio has been monitoring the leather goods market and it is poised to grow by USD 72.36 billion during 2019-2023, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Leather Goods Market 2019-2023 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Leather Goods Market 2019-2023 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report of 2020-2024 on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. adidas AG, Capri Holdings Ltd., Compagnie Financière Richemont SA, Hermès, Kering SA, LVMH Moët Hennessy - Louis Vuitton, Nike Inc., PRADA Spa, Tapestry Inc., and VF Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Product premiumization has been instrumental in driving the growth of the market.

Leather Goods Market 2019-2023: Segmentation

Leather Goods Market is segmented as below:

  • Distribution Channel
    • Offline
    • Online
  • Product
    • Footwear
    • Luggage, Bags, Wallets, And Purses
    • Others
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download latest free sample report of 2020-2024: https://www.technavio.com/talk-to-us?report=IRTNTR32122

Leather Goods Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our leather goods market report covers the following areas:

  • Leather Goods Market size
  • Leather Goods Market trends
  • Leather Goods Market analysis

This study identifies increase in demand for luxury handbags made from eco-friendly materials as one of the prime reasons driving the leather goods market growth during the next few years.

Leather Goods Market 2019-2023: Vendor Analysis

We provide a detailed analysis of vendors operating in the leather goods market, including some of the vendors such as adidas AG, Capri Holdings Ltd., Compagnie Financière Richemont SA, Hermès, Kering SA, LVMH Moët Hennessy - Louis Vuitton, Nike Inc., PRADA Spa, Tapestry Inc., and VF Corp. Backed with competitive intelligence and benchmarking, our research reports on the leather goods market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports.

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Leather Goods Market 2019-2023: Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist leather goods market growth during the next five years
  • Estimation of the leather goods market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the leather goods market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of leather goods market vendors

Table Of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Offline - Market size and forecast 2018-2023
  • Online - Market size and forecast 2018-2023
  • Market opportunity by distribution channel

PART 07: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Footwear - Market size and forecast 2018-2023
  • Luggage, bags, wallets, and purses - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by product

PART 08: CUSTOMER LANDSCAPE

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increase in demand from retail stores at airports
  • Introduction of different leather varieties
  • Increase in demand for luxury handbags made of eco-friendly materials

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • adidas AG
  • Capri Holdings Ltd.
  • Compagnie Financière Richemont SA
  • Hermès
  • Kering SA
  • LVMH Moët Hennessy - Louis Vuitton
  • Nike Inc.
  • PRADA Spa
  • Tapestry Inc.
  • VF Corp.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

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