Global Leather Goods Market Industry Trends And Analysis
Leather Goods Market will register a CAGR of -8% during 2020–2024. The market’s growth momentum will Accelerate.
increased spend on personal goods will be one of the major factors driving the growth of this market. Additionally, key Leather Goods Market trends such as the increase in demand for luxury handbags made of eco-friendly materials will also influence market growth during the forecast period.
Leather Goods Market Size
During the forecast period, the Leather Goods Market size will grow by USD 55.31 bn.
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Leather Goods Market : Vendors
The market is concentrated and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Leather Goods Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the will also challenge the growth of the companies.
adidas AG | Capri Holdings Ltd. | Compagnie Financière Richemont SA | Hermès International | Kering SA | LVMH Moet Hennessy — Louis Vuitton | Nike Inc. | PRADA Group | Tapestry Inc. | VF Corp..list
are some of the companies covered in Technavio’s Leather Goods Market report for 2020–2024.
Leather Goods Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Leather Goods Market.
The APAC will account for the largest Leather Goods Market share and during 2020–2024, the region will contribute to 40% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Leather Goods Market report also analyzes the market by Footwear | LBWP | Others | APAC | North America | Europe | South America | MEA | offline | online
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