Europe Leather Goods Market Growth, Size, Trends, Demand, Share, Revenue and Future Outlook
Europe Leather Goods Market Size- By Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Mar-2024 | Report ID: FMCG2472 | Pages: 1 - 152 | Formats*: |
| Category : Consumer & Retail | |||
Europe Leather Goods Market Introduction and Overview
According to SPER Market Research, the Europe Leather Goods Market is estimated to reach USD 98.89 billion by 2033 with a CAGR of 3.9%.
The report includes an in-depth analysis of the Europe Leather Goods Market, including market size and trends, product mix, distribution channels, and supplier analysis. Leather products are items made from leather. They can take the form of clothing, footwear, purses, gloves, and other items. Leather items are preferred over other materials due to their dustproof, fireproof, and long-lasting properties. The increasing need for leather in apparel manufacture is driving market expansion.
- LVMH Métiers d'art done significant investments in Ally Projects and Robins, two well-known Italian manufacturers, in September 2022. LVMH Métiers d'art has bought high-end leather ready-to-wear manufacturer Robins and the exotic leather tannery Ally Projects. In a lengthy evolution, this is the latest investment.
- The CHANEL 22 Bag is a new bag design that Chanel introduced in January 2022. It's made of very flexible yet sturdy leather, and it's made to be lightweight and useful. Three sizes of this bag are available: small, medium, and giant.
Market Opportunities and Challenges
Opportunities: Over the past decade, there has been a significant change in consumer behaviour. Businesses are finding new ways to satisfy consumer demands with a wider range of products as a result of the increased exploitation of outdated technologies, particularly in the design and marketing of fashion items. In addition, the growing travel and tourist industry, along with the recent trend of trip vlogging, are driving up demand for customized leather luggage, trolley bags, and backpacks. In addition, producers are seeing excellent development possibilities because to the increasing popularity of fashion shows that showcase leather jackets, shoes, purses, and pants. These factors present opportunities for market expansion.
Challenges: The global scarcity of leather goods and the availability of less expensive leather goods One reason behind the need for natural leather substitutes is the expensive price of genuine leather. The leather goods sector faces difficulties due to the low quality and scarcity of leather globally. There are affordable varieties of leather goods on the market. It will also negatively impact the pricing and supply of high-quality leather goods. Furthermore, the cost of these goods is rising due to the global scarcity of leather goods and raw materials like real leather.
Market Competitive Landscape
The market for leather goods is highly competitive. Among all the major players in the market, the most active businesses are Kering SA, LVMH, Chanel SA, Prada, and Hermès International SA. The main corporations are growing both their product offerings and their footprints throughout Europe.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Distribution Channel |
| Regions covered | Germany, France, Italy, Spain, UK, Rest of Europe |
| Companies Covered | Bata Corporation, Capri Holdings Limited, Chanel SA, Hermes International SA, Kering SA, LVMH, Michael Kors Holdings Ltd, Prada SpA, Ralph Lauren Corporation, Samsonite International SA, Others. |
COVID-19 Impact on Europe Leather Goods Market
The European market for leather goods has been greatly impacted by the COVID-19 pandemic. Many leather goods makers and retailers have experienced a decline in revenue as a result of lockdown procedures and mobility limitations that have reduced customer spending and foot traffic in retail establishments. The industry is further strained by delays in production and higher raw material costs brought on by interruptions in the global supply chain. Nonetheless, the pandemic's shift to online buying has brought some respite, as several companies have invested in e-commerce infrastructure to connect with clients online.
Key Target Audience
- Consumer Demographics
- Market Trends and Preferences
- Economic Factors
- Regulatory Environment
- Competitive Landscape
- Supply Chain Dynamics
Our in-depth analysis of the Europe Leather Goods Market includes the following segments:
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| By Distribution Channel: |
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| By Region: |
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Key Topics Covered in the Report
- Europe Leather Goods Market Size (FY’2024-FY’2033)
- Overview of Europe Leather Goods Market
- Segmentation of Europe Leather Goods Market By Type (Footwear, Luggage, Accessories)
- Segmentation of Europe Leather Goods Market By Distribution Channel (Offline Retail Stores, Online Retail Stores)
- Expansion Analysis of Europe Leather Goods Market
- Problems and Obstacles in Europe Leather Goods Market
- Competitive Landscape in the Europe Leather Goods Market
- Impact of COVID-19 and Demonetization on Europe Leather Goods Market
- Details on Current Investment in Europe Leather Goods Market
- Competitive Analysis of Europe Leather Goods Market
- Prominent Players in the Europe Leather Goods Market
- SWOT Analysis of Europe Leather Goods Market
- Europe Leather Goods Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities
4.1.4. Challenges4.2. COVID-19 Impacts of the Europe Leather Goods Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Leather Goods Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Leather Goods Market
7. Europe Leather Goods Market, By Type (USD Million)
7.1. Europe Leather Goods Market Value Share and Forecast, By Type, 2024-20337.2. Footwear7.3. Luggage7.4. Accessories
8. Europe Leather Goods Market, By Distribution Channel (USD Million)
8.1. Europe Leather Goods Market Value Share and Forecast, By Distribution Channel, 2024-20338.2. Offline Retail Stores8.3. Online Retail Stores
9. Europe Leather Goods Market Forecast, 2020-2033 (USD Million)
9.1. Europe Leather Goods Market Size and Market Share
10. Europe Leather Goods Market, By Type, 2020-2033 (USD Million)
10.1. Europe Leather Goods Market Size and Market Share By Type (2020-2026)10.2. Europe Leather Goods Market Size and Market Share By Type (2027-2033)
11. Europe Leather Goods Market, By Vehicle Type, 2020-2033 (USD Million)
11.1. Europe Leather Goods Market Size and Market Share By Distribution Channel (2020-2026)11.2. Europe Leather Goods Market Size and Market Share By Distribution Channel (2027-2033)
12. Europe Leather Goods Market, By Region, 2020-2033 (USD Million)
12.1. Europe Leather Goods Market Size and Market Share By Region (2020-2026)12.2. Europe Leather Goods Market Size and Market Share By Region (2027-2033)12.3. Germany12.4. France12.5. Italy12.6. Spain
12.7. UK12.8. Rest of Europe
13. Company Profile
13.1. Bata Corporation13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Capri Holdings Limited13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Chanel SA13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. Hermes International SA13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Kering SA13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. LVMH13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Michael Kors Holdings Ltd13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. Prada SpA13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Ralph Lauren Corporation13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. Samsonite International SA13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments
13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Leather Goods Market is projected to reach USD 98.89 billion by 2033, growing at a CAGR of 3.9% during the forecast period.
Europe Leather Goods Market size from 2022. The Market is expected to reach USD 98.89 billion by 2033, at a CAGR of 3.9% during the forecast period.
Europe Leather Goods Market CAGR of 3.9% during the forecast period.
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Europe Leather Goods Market size is 98.89 billion from 2024 to 2033.
Europe Leather Goods Market Segment is covered By Type, By Distribution Channel.
The Europe is anticipated to have the highest market share in the Europe Leather Goods Market.
The key players in the market include Companies Covered Bata Corporation, Capri Holdings Limited, Chanel SA, Hermes International SA, Kering SA, LVMH, Michael Kors Holdings Ltd, Prada SpA, Ralph Lauren Corporation, Samsonite International SA, Others.
Leather items are preferred over other materials due to their dustproof, fireproof, and long-lasting properties. The increasing need for leather in apparel manufacture is driving market expansion.
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