Global Leather Market Research Report by Source, by Product Type, and by End-Use Industry (Footwear, Clothing, Furnishing, Automotive, Bags, Others) Forecast till 2032

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Global Leather Market Research Report by Source [Animal Leather (Cow Skin, Buffalo Skin, Sheep Skin, Goat Skin, Camel Skin, Kangaroo Skin, Others), Synthetic Leather, Vegan Leather], by Product Type [Small Leather Goods/ Accessories, Apparel, Footwear (Athletics, Non-Athletics), Home Decor and Furnishing, Pet Accessories, Automotive Accessories, Others], and by End-Use Industry (Footwear, Clothing, Furnishing, Automotive, Bags, Others) Forecast till 2032

Industry Overview

The global leather industry is anticipated to hit USD 144.18 billion by 2032 with a consistent CAGR of 5.59% annual growth rate through 2024-2032. Leather is a natural material created by tanning animal hides, most commonly cowhide, to make them strong, long-lasting, and resistant to wear. Its unique texture and durability make it a preferred choice for products like shoes, bags, and upholstery. The process preserves the hide while adding both beauty and function.

The global leather market is expanding steadily, supported by several strong drivers. Rising demand from the fashion industry, especially for footwear, bags, and premium apparel, is pushing the market forward. The automotive sector is also a contributing factor, as leather is going to be a material that is used in car interiors throughout the world. In addition, the increase in luxury goods consumption all over the world, and along with that, the rise in disposable incomes of emerging economies, adds more power to the leather market.

However, there are notable restraints that limit faster growth. On the other hand, the effects on the environment and animal welfare issues have invoked a reaction from people, leading to the imposition of stricter regulations and a change in consumer preferences in regard to sustainable alternatives. Production issues and raw material price volatility in the inputs of the product may lead to manufacturers being challenged by the situation. There is a new market segment for synthetic and plant-based leather products that are better in quality and more fashionable, thus giving the market some competition.

The market still has opportunities for players who are willing to make some adjustments to their business model. The advent of green methods for leather processing, like vegetable tanning and waterless technologies, is also one of the opportunities arising. The growth in demand from developing areas, especially in the Asia-Pacific region, spells opportunities for expansion. Companies that throw their resources into sustainable sourcing and creating innovative designs can continue to strengthen their market position while catering to changing consumer expectations.

Industry Segmentations

The global leather market is segmented based on the product type, comprising small leather goods or accessories, apparel, footwear, home decor and furnishing, pet accessories, automotive accessories, and others. Footwear is also classified into athletic and non-athletic.

Animal leather, synthetic leather, and vegan leather are part of the source of the global market. Cow skin, buffalo skin, sheep skin, goat skin, camel skin, kangaroo skin, and others are segments of the animal leather.

In terms of the end-use industry, the global leather market is classified into footwear, clothing, furnishing, automotive, bags, and others.

Regional Analysis

North America's leather market thrives on a mix of strong raw material availability, high processing standards, and demand from premium sectors like luxury automotive and high-end furniture. The U.S. remains the largest contributor, supported by advanced facilities and established trade partnerships. Sustainability drives, which include the use of bio-based tanning agents, are the new trend and aim to be in line with consumers' and regulators' expectations. These factors have positioned the US leather market high, however, higher operational costs together with the use of synthetic substitutes continue to affect the market strategies.

Europe's leather industry is really famous for its tradition, innovation, and strict regulations. Italy and Spain are still the leaders in craftsmanship, while Germany is the best at providing the automotive industry with precision-processed leather. The EU, through the implementation of REACH regulations, is pushing producers toward cleaner and more ethical solutions such as non-chrome tanning and traceability in the supply chain. There is a rise in vegan and synthetic materials, however, Europe's premium branding keeps the global market interested.

Asia Pacific is the largest producer and is at the top of cost-efficiency, thus the region dominates leather production globally and meets the needs of all price segments. Even though environmental enforcement has forced some parts of the industry to change, China is still the largest supplier. India's leather export industry is facing difficulties with the supply of raw materials, while Vietnam and Indonesia are becoming the key players when it comes to the processing of value-added goods for the international markets. The region's willingness to embrace sustainable trends will be a data point for its competitiveness in the future.

South America relies on huge cattle herds for leather production and as the most important supplier, Brazil and Argentina are at the top of output and exports. The automotive upholstery and footwear industries are primary demand drivers, both domestically and abroad. The adoption of sustainable tanning technologies being pushed forward by environmental organizations and groups that will become more and more relevant due to the mentioned deforestation issue. The region's resource base and its continued commitment to resource sustainability position it as a significant source of global leather trade, even amid the market volatility.

MEA combines Africa's raw material base with the Middle East's processing and trading expertise to serve both local and export markets. Ethiopia and Nigeria supply substantial hide volumes, while Gulf countries invest in premium leather finishing for luxury sectors. Upgrading processing infrastructure remains a key challenge for many African producers. Initiatives promoting local value addition and eco-friendly practices are helping the region gain greater relevance in global supply chains.

Key Players

Major competitors in the global leather market are Sanimax Industries Inc., San Fang Chemical, Tyson Foods, Huafon Microfibre, Anhui Anli Material, Darling Ingredients Inc., Twin City Hide, Inc., Packer Leather, NSW Leather Co. Pty Ltd, AusTANNERS, LVMH Moet Hennessy Louis Vuitton SE, Kering SA, Hermes International S.A., Tapestry Inc., Prada S.p.A., Adidas AG, Nike, Inc., Puma SE, Samsonite International S.A., and Johnston & Murphy.

Product Code: MRFR/CnM/57640-CR

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL LEATHER MARKET, BY SOURCE
- 1.1.2 GLOBAL LEATHER MARKET, BY PRODUCT TYPE
- 1.1.3 GLOBAL LEATHER MARKET, BY END-USE INDUSTRY
- 1.1.4 GLOBAL LEATHER MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
2.5 KEY BUYING CRITERIA

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 RISING DEMAND FOR LEATHER IN AUTOMOTIVE UPHOLSTERY MANUFACTURING
- 4.2.2 GROWTH IN DEMAND FOR BIO-BASED AND SUSTAINABLE LEATHER
4.3 RESTRAINTS
- 4.3.1 ENVIRONMENTAL CONCERNS OVER LEATHER TANNING CHEMICAL POLLUTION
- 4.3.2 RISING REGULATIONS ON CHROMIUM-BASED TANNING PROCESSES
4.4 OPPORTUNITY
- 4.4.1 RISING CONSUMER PREFERENCE FOR PREMIUM-QUALITY GENUINE LEATHER
- 4.4.2 TECHNOLOGICAL ADVANCEMENTS IMPROVING LEATHER DURABILITY AND PERFORMANCE
4.5 IMPACT ANALYSIS OF COVID - 19
- 4.5.1 IMPACT ON GLOBAL LEATHER MARKET
- 4.5.2 IMPACT ON SUPPLY CHAIN OF LEATHER MARKET
- 4.5.3 IMPACT ON MARKET DEMAND OF LEATHER MARKET
- 4.5.4 IMPACT ON PRICING OF LEATHER MARKET

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIALS
- 5.1.2 MANUFACTURING / PRODUCTION/ PROCESSING
- 5.1.3 DISTRIBUTION
- 5.1.4 END-USERS
- 5.1.5 VALUE PERCOLATION ACROSS THE CHAIN
- 5.1.6 INTEGRATION LEVELS
- 5.1.7 KEY ISSUES ADDRESSED (KEY SUCCESS FACTORS)
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
5.3 PRICE ANALYSIS
- 5.3.1 FACTOR PRICING ANALYSIS
  - 5.3.1.1 RAW MATERIAL AVAILABILITY AND COST
  - 5.3.1.2 CHEMICAL AND TANNING PROCESS COSTS
  - 5.3.1.3 ENERGY AND LABOR COSTS
  - 5.3.1.4 ENVIRONMENTAL REGULATIONS AND COMPLIANCE COSTS
  - 5.3.1.5 MARKET DEMAND AND TRADE POLICIES
5.4 TECHNOLOGICAL ADVANCEMENTS
5.5 REGULATORY FRAMEWORK
- 5.5.1 GOVERNMENT POLICIES
- 5.5.2 INCENTIVES & SUBSIDIES
- 5.5.3 INSTALLATION AND PERMITTING STANDARDS
- 5.5.4 ENVIRONMENTAL CONSIDERATION
5.6 R&D UPDATE
- 5.6.1 CURRENT SCENARIO
- 5.6.2 FUTURE ROADMAP
- 5.6.3 CHALLENGES
- 5.6.4 NOVEL APPLICATIONS
- 5.6.5 KEY DEVELOPMENTS
5.7 PESTEL ANALYSIS
- 5.7.1 POLITICAL FACTORS
- 5.7.2 ECONOMIC FACTORS
- 5.7.3 SOCIAL FACTORS
- 5.7.4 TECHNOLOGICAL FACTORS
- 5.7.5 ENVIRONMENTAL FACTORS
- 5.7.6 LEGAL FACTORS

6 GLOBAL LEATHER MARKET, BY SOURCE

6.1 INTRODUCTION
6.2 ANIMAL LEATHER
6.3 SYNTHETIC LEATHER
6.4 VEGAN LEATHER

7 GLOBAL LEATHER MARKET, BY PRODUCT TYPE

7.1 INTRODUCTION
7.2 SMALL LEATHER GOODS/ ACCESSORIES
7.3 APPAREL
7.4 FOOTWEAR
7.5 HOME DECOR AND FURNISHING
7.6 PET ACCESSORIES
7.7 AUTOMOTIVE ACCESSORIES
7.8 OTHERS

8 GLOBAL LEATHER MARKET, BY END-USE INDUSTRY

8.1 INTRODUCTION
8.2 FOOTWEAR
8.3 CLOTHING
8.4 FURNISHING
8.5 AUTOMOTIVE
8.6 BAGS
8.7 OTHERS

9 GLOBAL LEATHER MARKET, BY REGION

9.1 OVERVIEW
9.2 NORTH AMERICA
- 9.2.1 US
- 9.2.2 CANADA
- 9.2.3 MEXICO
9.3 EUROPE
- 9.3.1 GERMANY
- 9.3.2 UK
- 9.3.3 FRANCE
- 9.3.4 RUSSIA
- 9.3.5 ITALY
- 9.3.6 SPAIN
- 9.3.7 REST OF EUROPE
9.4 ASIA PACIFIC
- 9.4.1 CHINA
- 9.4.2 INDIA
- 9.4.3 JAPAN
- 9.4.4 SOUTH KOREA
- 9.4.5 MALAYSIA
- 9.4.6 THAILAND
- 9.4.7 INDONESIA
- 9.4.8 REST OF ASIA-PACIFIC
9.5 SOUTH AMERICA
- 9.5.1 BRAZIL
- 9.5.2 ARGENTINA
- 9.5.3 REST OF SOUTH AMERICA
9.6 MIDDLE EAST & AFRICA
- 9.6.1 GCC COUNTRIES
- 9.6.2 SOUTH AFRICA
- 9.6.3 REST OF MIDDLE EAST & AFRICA

10 COMPETITIVE LANDSCAPE

10.1 COMPETITIVE OVERVIEW
10.2 MAJOR PLAYERS IN THE GLOBAL LEATHER MARKET
10.3 MAJOR PLAYERS IN TERMS OF MARKET DISRUPTORS & INNOVATORS
10.4 COMPETITIVE BENCHMARKING
10.5 STRATEGIES OF MARKET LEADERS IN THE GLOBAL LEATHER MARKET
- 10.5.1 SANIMAX INDUSTRIES INC.
- 10.5.2 SAN FANG CHEMICAL
- 10.5.3 TYSON FOODS
- 10.5.4 HUAFON MICROFIBRE
- 10.5.5 ANHUI ANLI MATERIAL
- 10.5.6 LVMH MOET HENNESSY LOUIS VUITTON SE
- 10.5.7 KERING SA
- 10.5.8 HERMES INTERNATIONAL S.A.
- 10.5.9 TAPESTRY INC.
- 10.5.10 PRADA S.P.A.
10.6 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN GLOBAL LEATHER MARKET
10.7 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 10.7.1 PRODUCT LAUNCH/PRODUCT DEVELOPMENT

11 COMPANY PROFILES (LEATHER MANUFACTURERS)

11.1 TWIN CITY HIDE, INC.
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 PRODUCTS/SERVICES OFFERED
- 11.1.4 KEY DEVELOPMENTS
- 11.1.5 SWOT ANALYSIS
- 11.1.6 KEY STRATEGIES
11.2 SAN FANG CHEMICAL
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 PRODUCTS OFFERED
- 11.2.4 KEY DEVELOPMENTS
- 11.2.5 SWOT ANALYSIS
- 11.2.6 KEY STRATEGIES
11.3 SANIMAX INDUSTRIES INC.
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERED
- 11.3.4 KEY DEVELOPMENTS
- 11.3.5 SWOT ANALYSIS
- 11.3.6 KEY STRATEGIES
11.4 ANHUI ANLI MATERIAL
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS OFFERED
- 11.4.4 KEY DEVELOPMENTS
- 11.4.5 SWOT ANALYSIS
- 11.4.6 KEY STRATEGIES
11.5 TYSON FOODS
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCTS OFFERED
- 11.5.4 KEY DEVELOPMENTS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 KEY STRATEGIES
11.6 DARLING INGREDIENTS
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 PRODUCTS/SERVICES OFFERED
- 11.6.4 KEY DEVELOPMENTS
- 11.6.5 SWOT ANALYSIS
- 11.6.6 KEY STRATEGIES
11.7 HUAFON MICROFIBRE
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 PRODUCTS OFFERED
- 11.7.4 KEY DEVELOPMENTS
- 11.7.5 SWOT ANALYSIS
- 11.7.6 KEY STRATEGIES
11.8 NSW LEATHER CO. PTY LTD
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 PRODUCTS OFFERED
- 11.8.4 KEY DEVELOPMENTS
- 11.8.5 SWOT ANALYSIS
- 11.8.6 KEY STRATEGIES
11.9 AUSTANNERS
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 PRODUCTS OFFERED
- 11.9.4 KEY DEVELOPMENTS
- 11.9.5 SWOT ANALYSIS
- 11.9.6 KEY STRATEGIES
11.10 PACKER LEATHER
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 PRODUCTS OFFERED
- 11.10.4 KEY DEVELOPMENTS
- 11.10.5 SWOT ANALYSIS
- 11.10.6 KEY STRATEGIES

12 COMPANY PROFILES (LEATHER PRODUCTS MANUFACTURERS)

12.1 ADIDAS AG
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS/SERVICES OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGIES
12.2 NIKE, INC.
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGIES
12.3 PUMA SE
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGIES
12.4 KERING SA
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGIES
12.5 HERMES INTERNATIONAL S.A.
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 SWOT ANALYSIS
- 12.5.6 KEY STRATEGIES
12.6 SAMSONITE INTERNATIONAL S.A.
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS/SERVICES OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 SWOT ANALYSIS
- 12.6.6 KEY STRATEGIES
12.7 TAPESTRY INC.
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGIES
12.8 PRADA S.P.A.
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 SWOT ANALYSIS
- 12.8.6 KEY STRATEGIES
12.9 LVMH MOET HENNESSY LOUIS VUITTON SE
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 SWOT ANALYSIS
- 12.9.6 KEY STRATEGIES
12.10 JOHNSTON & MURPHY
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCTS OFFERED
- 12.10.4 KEY DEVELOPMENTS
- 12.10.5 SWOT ANALYSIS
- 12.10.6 KEY STRATEGIES