PUBLISHER: Grand View Research | PRODUCT CODE: 1869867
PUBLISHER: Grand View Research | PRODUCT CODE: 1869867
The global leather footwear market size was valued at USD 150.7 billion in 2024 and is expected to reach USD 229.1 billion by 2033, growing at a CAGR of 4.4% from 2025 to 2033. The industry is being driven by rising disposable incomes, changing fashion trends, and increasing demand for premium and durable footwear. Additionally, urbanization and growing awareness of high-quality end uses are encouraging consumers to invest in stylish leather shoes.
The industry is being driven by rising disposable incomes, changing fashion trends, and increasing demand for premium and durable footwear. Additionally, urbanization and growing awareness of high-quality end uses are encouraging consumers to invest in stylish leather shoes. The industry is picking up speed globally, driven largely by rising demand in emerging markets. As the middle class expands in these regions, more consumers are on the lookout for shoes that combine style with long-lasting quality. Increased travel and tourism are also fueling demand, with many shoppers preferring footwear that can adapt to different occasions and environments.
In cities, especially, seasonal fashion trends continue to impact what people buy. On top of that, celebrity partnerships and the influence of social media are playing a big part in guiding consumer choices. For instance, in October 2023, Gucci launched a new campaign for the Horsebit 1953 loafer to mark its 70th anniversary, featuring actors Paul Mescal and Xiao Zhan. They're shown in classic iterations of the loafer styled with a mix of elegant, relaxed looks, shot under creative direction by Sabato De Sarno.
The rising influence of Western lifestyles in developing countries is significantly boosting demand for leather footwear. Increased participation in formal and corporate work environments is also driving the need for polished, professional shoes. Improved logistics and supply chains have made global distribution more efficient, supporting market expansion. Additionally, growing investments by major brands in physical retail spaces are enhancing consumer access and experience.
Global Leather Footwear Market Report Segmentation
This report forecasts revenue growth at the global, regional and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global leather footwear market report on the basis of end use, distribution channel, and region: