U.S. Bovine Leather Goods Market by Type - Opportunity Analysis and Industry Forecast, 2017-2023

  • ID: 4368944
  • Report
  • Region: United States
  • 152 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • American Saddlery Inc.
  • Circa of America, LLC
  • Garrett Leather Corp
  • Hermes International S.A.
  • Horween Leather Company
  • Jack Georges
  • MORE
The U.S. bovine leather goods market was valued at $10,931 million in 2016, and is expected to reach $14,480 million by 2023, growing at a CAGR of 4.2% from 2017 to 2023. Bovine leather is widely used in the U.S. leather goods market due to its characteristic property of being extremely soft, which makes it easy to work with. Increase in cattle population in the U.S. has made it easier for hide producers to boost the production of raw animal hide. As a result, the market share of bovine leather goods has increased. Bovine leather goods constitute around 65% of the total U.S leather goods market.

Changing fashion trends and awareness of luxury products, innovative designs, and growing economy of the U.S. are the key driving factors of the U.S. bovine leather goods market. Additionally, constant innovations in leather goods due to technological advancements and increased focus on designs are the key driving factors of bovine leather goods industry.

The market is segmented based on type and usage. Based on type, the market is classified into small/fancy leather goods, medium leather goods, and heavy leather goods. Small/fancy leather goods market is further bifurcated into purse, wallets, belt, passport & key case, note case, accessories and others. Medium leather goods market is further bifurcated into leather shoes, handbags, shoulder bags, document & attaché cases, and others. Heavy leather goods market is further bifurcated into saddlery, upholstery, holster, tooling & leathercraft, and automotive. The usage segment of the market are divided into general goods, footwear, automotive, and others.

The key players profiled in the U.S. bovine leather goods market include Horween Leather Company, Circa of America, LLC, Rancourt & Co. Shoecrafters, Russell Moccasin Co., Caleres, Inc. (Allen Edmonds Corporation), Hermes International S.A., Jack Georges, American Saddlery Inc., Garrett Leather Corp, and Tanner Goods Inc.

KEY BENEFITS

This study provides an in-depth analysis of the U.S. bovine leather goods market, in terms of value, to elucidate the imminent investment pockets.
A detailed impact analysis of the current trends of U.S. bovine leather goods market, and future estimations is provided to target the profitable sectors.
The drivers, restraints, and opportunities are analyzed to identify the prevailing market opportunities.
Porter’s Five Forces analysis highlights the potency of suppliers and buyers in the competitive market to facilitate efficient business planning

KEY MARKET SEGMENTS

BY PRODUCT TYPE

Small/Fancy Leather Goods
Purse
Wallet
Belt
Passport & Key Case
Note case
Accessories & Others
Medium Leather Goods
Leather Shoes
Handbags
Shoulder Bags
Document & Attaché Cases
Others
Heavy Leather Goods
Saddlery
Upholstery
Holster
Tooling & Leathercraft
Others

BY USAGE

General Goods
Footwear
Automotive
Others
MARKET PLAYERS IN VALUE CHAIN

Horween Leather Company
Circa of America, LLC
Rancourt & Co. Shoecrafters
Russell Moccasin Co.
Caleres, Inc. (Allen Edmonds Corporation)
Hermes International S.A.
Jack Georges
American Saddlery Inc.
Garrett Leather Corp
Tanner Goods Inc.
Other players in the value chain include (profiles not included in the report)

The Frye Company
Danner
Louis Vuitton
Christian Dior SE
Kering SA
Prada S.P.A.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • American Saddlery Inc.
  • Circa of America, LLC
  • Garrett Leather Corp
  • Hermes International S.A.
  • Horween Leather Company
  • Jack Georges
  • MORE
CHAPTER 1 INTRODUCTION

1.1. Report Description
1.2. Key Benefits
1.3. Key Market Segmentation
1.4. Research Methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXPerspective

CHAPTER 3 MARKET OVERVIEW

3.1. Market Definition and Scope
3.2. Key Findings

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. Porters Five Forces Analysis
3.4. Market player positioning, 2016
3.5. Market Dynamics

3.5.1. Drivers

3.5.1.1. Growth in disposable income and living standards
3.5.1.2. Changing fashion trends
3.5.1.3. Surge in female working professionals
3.5.1.4. Growth in domestic and international tourism

3.5.2. Restraints

3.5.2.1. Counterfeit products
3.5.2.2. Increasing concerns over animal cruelty and environmental effects of leather processing

3.5.3. Opportunities

3.5.3.1. Increased in marketing initiatives about branded products

CHAPTER 4 U.S. BOVINE LEATHER GOODS MARKET, BY TYPE

4.1. Overview

4.1.1. Market size and forecast

4.2. Small/fancy leather goods

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Key Players Positioning
4.2.3. Market size and forecast
4.2.4. Purse

4.2.4.1. Market Size and Forecast

4.2.5. Wallet

4.2.5.1. Market Size and Forecast

4.2.6. Belt

4.2.6.1. Market Size and Forecast

4.2.7. Passport & Key Case

4.2.7.1. Market Size and Forecast

4.2.8. Note case

4.2.8.1. Market Size and Forecast

4.2.9. Accessories & Others

4.2.9.1. Market Size and Forecast

4.3. Medium leather goods

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Key Players Positioning
4.3.3. Market size and forecast
4.3.4. Leather Shoes

4.3.4.1. Market Size and Forecast

4.3.5. Handbags

4.3.5.1. Market Size and Forecast

4.3.6. Shoulder Bags

4.3.6.1. Market Size and Forecast

4.3.7. Document & Attach Cases

4.3.7.1. Market Size and Forecast

4.3.8. Others

4.3.8.1. Market Size and Forecast

4.4. Heavy leather goods

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Key Players Positioning
4.4.3. Market size and forecast
4.4.4. Saddlery

4.4.4.1. Market Size and Forecast

4.4.5. Upholstery

4.4.5.1. Market Size and Forecast

4.4.6. Holster

4.4.6.1. Market Size and Forecast

4.4.7. Tooling & Leathercraft

4.4.7.1. Market Size and Forecast

4.4.8. Automotive

4.4.8.1. Market Size and Forecast

CHAPTER 5 U.S. BOVINE LEATHER GOODS MARKET, BY USAGE

5.1. Market Overview

5.1.1. Market size and forecast

5.2. General Goods

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Key player positioning
5.2.3. Market size and forecast

5.3. Footwear

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Key player positioning
5.3.3. Market size and forecast

5.4. Automotive Sector

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Key player positioning
5.4.3. Market size and forecast

5.5. Others

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Key player positioning
5.5.3. Market size and forecast

CHAPTER 6 RELATED INDUSTRY REPORTS

6.1. Leather luggage and goods market

6.1.1. Executive summary

6.2. Footwear market

6.2.1. Executive summary

6.3. Men formal shoe market

6.3.1. Executive summary

6.4. Luxury apparels market

6.4.1. Executive summary

CHAPTER 7 COMPANY PROFILES

7.1. Caleres, Inc. (Allen Edmonds Corporation)

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.1.6. Key strategic moves and developments

7.2. Herms International S.A.

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments

7.3. Jack Georges, Inc.

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Key strategic moves and developments

7.4. Garrett Leather corp.

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Key strategic moves and developments

7.5. Tanner Goods Inc.

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Key strategic moves and developments

7.6. Horween Leather Company

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio

7.7. Circa of America, LLC

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio

7.8. Rancourt & Company Shoecrafters, Inc.

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio

7.9. Russell Moccasin Company

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio

7.10. American Saddlery Inc.

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • American Saddlery Inc.
  • Circa of America, LLC
  • Garrett Leather Corp
  • Hermes International S.A.
  • Horween Leather Company
  • Jack Georges
  • MORE
According to a new report titled, U.S. Bovine Leather Goods Market by Type, and End User: Opportunity Analysis and Industry Forecast, 2017-2023, the U.S. bovine leather goods market was valued at $10,931 million in 2016, and is expected to reach $14,480 million by 2023, growing at a CAGR of 4.2% from 2017 to 2023. The medium leather goods segment is anticipated to dominate the market throughout the analysis period.

Bovine leather is widely used in the fashion and automotive industries due to its strength, durability, and comfort. It regulates temperature, retains warmth in cold weather conditions, and provides cooling through ventilation in hot conditions. It is considered as one of the heaviest leathers, which makes it durable and provides a pebble grain appearance.

The U.S. bovine leather goods market is driven by the growing preference for durable, stylish, and high quality leather products, owing to increasing disposable income and improving lifestyle of the populace. Moreover, changing fashion trends, increasing female working population, and growing domestic & international tourism are boosting the market growth.

The medium leather goods segment comprising leather shoes, handbags, shoulder bags and other cases is projected to be the major revenue contributor in the U.S. bovine leather goods market. The segment constitutes over 40% of the U.S bovine leather goods market revenue. Leather shoes category is anticipated to be the largest revenue generator in the medium leather goods market in 2016, constituting around 44% of the medium leather goods market size. Small/fancy leather goods have been gaining huge traction among the U.S. population, owing to the increasing demand for leather accessories such as wallets, purse, belts, and others. Within the heavy leather goods market, upholstery held the largest market share in 2016 owing to its widespread application among commercial as well as residential sector.

By usage, market is segmented into general goods, footwear, automotive, and others. The general goods segment is expected to grow faster than other segments, registering a CAGR of 4.5% from 2017 to 2023.

Key Findings of the U.S. Bovine Leather Goods Market:

The medium leather goods segment is projected to lead the U.S bovine leather goods market throughout the analysis period Also, it is anticipated to grow at the highest CAGR during the forecast period (2017-2023).
Small/fancy leather goods segment is estimated to be the second fastest growing segment, accounting for around 25% of the bovine leather goods market revenue by 2023
Lucrative product categories include handbags, expected to exhibit highest CAGR within the medium leather goods market; and purse within the small/fancy leather goods market.
The key market players profiled in the report are Horween Leather Company, Circa of America, llc, Rancourt & Co. Shoecrafters, Russell Moccasin Co., Caleres, Inc. (Allen Edmonds Corporation), Hermes International S.A., Jack Georges, American Saddlery Inc., Garrett Leather Corp, and Tanner Goods Inc.
Note: Product cover images may vary from those shown
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  • Horween Leather Company
  • Circa of America, LLC
  • Rancourt & Co. Shoecrafters
  • Russell Moccasin Co.
  • Caleres, Inc. (Allen Edmonds Corporation)
  • Hermes International S.A.
  • Jack Georges
  • American Saddlery Inc.
  • Garrett Leather Corp
  • Tanner Goods Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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