In Luggage Leather Goods Market By the end of 2017, the leather goods product type category is forecast to have a value of over US$ 200 billion, and by the end of 2024, it is anticipated to have a value of over US$ 300 billion, growing at a CAGR of 5.1%. Between 2016 and 2024, it is predicted that this market would give an additional potential worth more than $100 billion dollars.
The most significant sub-category of the leather goods industry, footwear, is projected to have a value of more than US$ 120 Bn in 2017 and to grow at a CAGR of 5.4% over the forecast period. Over the projection period, the Leather Accessories sub-segment is anticipated to grow at a CAGR of 5.3%.
Request for Free Sample Copy@ https://www.persistencemarketresearch.com/samples/3402
The key reason for an expanding market for leather goods is an increase in innovation in leather goods with new features and designs. The fire-retardant, dust-proof, crack-proof, and durable properties of leather are what are causing the leather goods market to expand. Another aspect driving the leather goods segment’s revenue growth is rising per capita spending. Consumer expenditure on opulent goods is projected to rise as urbanisation and per capita income both rise.
Get up to 20% discount on Full Report Purchase @ https://www.persistencemarketresearch.com/checkout/3402
Companies Covered in This Report – (Luggage Leather Goods Market)
-
- Knoll, Inc.
- American Leather, Inc.
- Aero Leather Clothing Ltd.
- Samsonite International S.A.
- VIP Industries Ltd.
- LVMH Moët Hennessy Louis Vuitton SE
- Timberland
- Johnston & Murphy
- Woodland
- Hermes International SA
Request For Customization @ https://www.persistencemarketresearch.com/request-customization/3402
Key Segments Covered : (Luggage Leather Goods Market)
-
- Luggage Leather Goods Market By Product Type : Leather Goods : Footwear, Clothing and Apparel, Clutches and Wallets, Upholstery (Furniture and Automotive), Leather Accessories, Others, Luggage, Rolling Luggage : Duffel Bags, Suitcases and Briefcases, Backpacks, Totes and Hand Luggage, Others
- Luggage Leather Goods Market By Sales Channel : General Retailers, Single Brand Stores, Specialty and Multi-brand stores, Unorganized Small Stores, Online Stores, Others
- Luggage Leather Goods Market By Region : North America, Europe, APAC, Latin America, Middle East & Africa
Related Reports:
Some of the major restraints impacting revenue growth of the U.K. and Germany bed bugs control services market is the increasing concerns due to the toxicity levels in pesticides and the health issues that are associated with the use of toxic pesticides in pest control. Also, implementation of stringent government regulations to limit levels of chemical toxicity and restrict use of highly toxic pesticides in order to reduce hazardous impact of the same on public health and environment are hindering the widespread adoption of bed bugs control services to a certain extent.
About Us:
About Consumer Goods Division at Persistence Market Research
The Consumer Goods team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs by offering expert analysis, actionable insights, and strategic recommendations. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the consumer goods industry lucidly in 50+ countries for over a decade. We provide end-to-end research and consulting services; reach out to explore how we can help.
Contact Us:
Persistence market research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – [email protected]