PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1458443
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1458443
Europe Leather Goods Market Introduction and Overview
According to SPER market research, 'Europe Leather Goods Market Size - By Type, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Europe Leather Goods Market is predicted to reach USD 98.89 billion by 2033 with a CAGR of 3.9%.
Leather goods are manufactured items composed of leather, which is prized for its durability, versatility, and aesthetic appeal. These products typically include shoes, jackets, briefcases, gloves, belts, wallets, handbags, and accessories. Richness, sophistication, and exquisite craftsmanship are often associated with leather goods due to their timeless elegance. Leather products are valued for their robustness and functionality in addition to their aesthetic appeal. If properly maintained, well-made things can last for decades or even longer.
A significant impact of the COVID-19 pandemic has been felt by the European leather products industry. Many leather goods manufacturers and retailers have seen a decline in revenue as a result of the installation of lockdown procedures and movement restrictions. This is as a result of the measures' reduction in customer spending and foot traffic in stores. The impact on the industry is being exacerbated by production delays and higher raw material costs as a result of interruptions in the global supply chain.
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.
Europe Leather Goods Market Segmentation:
By Type: Based on the Type, Europe Leather Goods Market is segmented as; Footwear, Luggage, Accessories.
By Distribution Channel: Based on the Distribution Channel, Europe Leather Goods Market is segmented as; Offline Retail Stores, Online Retail Stores.