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Asia Pacific Leather Goods Market By Type, By Product, By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027

  • ID: 5387538
  • Report
  • June 2021
  • Region: Asia Pacific
  • 89 pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)

FEATURED COMPANIES

  • Adidas AG
  • Herman Miller, Inc.
  • Hermes International S.A.
  • Lear Corporation
  • Nike, Inc.
  • PUMA SE
The Asia Pacific Leather Goods Market is expected to witness market growth of 11.3% CAGR during the forecast period (2021-2027).

Designers around the globe are presenting new apparel via fashion events & shows, hence motivating a high number of consumers to choose leather clothing. Several design techniques, like Lame, brocade, and applique, are extensively utilized on leather apparel and other elegant dresses. For example, in September 2020, the Forever Leather Fashion show was organized in Shanghai, China. The show unveiled different types of leather products, such as a variety of modern style jackets, travel bags, cross-stitched trench coats, duffel bags, sneakers, and ankle boots. Such events act as a convergence point for numerous leather manufacturers, buyers, and designers from various parts of the country.

In addition to it, the growth of the regional market is expected to further be boosted by the increasing number of athletes and health & fitness-conscious people in the region. The U.S. appeared as the biggest market in the region in 2020, followed by Canada and Mexico. Leather products in the region are majorly sold through discount stores, department stores, e-commerce platforms, and factory outlets, among other distribution channels.

These days, consumers are becoming more aware of the emerging fashion trends which are popular around the world. The existence of social media has exposed consumers to different kinds of international brands. Market players like Prada and Gucci are highly popular worldwide for their high-quality products. They have a robust customer base and are highly expanding their reach to other countries as well. With a significant surge in disposable income, consumers are also willing to purchase international leather brands' bags and accessories to support their attires and enhance living standards.

India has emerged as a strong domestic raw material base; it is likely to double its production ability in finished leather, footwear, and leather goods. This factor will play a major role in the next few years to determine the bright prospects of this industry. The huge domestic raw material supply and a massive and increasing population is expected to ensure the bright future of the Indian leather industry. Moreover, tanners and various shoemakers have initiated a shift toward putting investment in new, instead of second-hand, manufacturing equipment.

The key players of the region are highly willing to purchase advanced equipment, adopting automation, energy-saving and decreased water consumption. In addition, China is a dominating country in the leather goods industry by producing leather footwear, upholstery, garments, and other leather goods on a wide scale. Moreover, China is also a big and fast-growing market for footwear and premium leather goods. The combination of these factors is expected to help the leather goods market to thrive rapidly in this region. Subsequently, the Indian government is now anticipating all tanneries to fulfil environmental regulations. This shows the increasing pressure from brand makers and retailers across the globe for the complete supply chain to be responsible.

The China market dominated the Asia Pacific Small Leather Goods & Accessories Product Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $2,455.5 million by 2027. The Japan market is showcasing a CAGR of 13% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 14.3% during (2021 - 2027).

Based on Type, the market is segmented into Genuine Leather, Synthetic Leather and Vegan Leather. Based on Product, the market is segmented into Footwear, Automotive Accessories, Home Décor & Furnishing, Small Leather Goods & Accessories, Apparel, Handbags, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Adidas AG, Nike, Inc., PUMA SE, Tapestry, Inc., New Balance, Inc. (New Balance Aesthetics, Inc.), Herman Miller, Inc., American Leather Operations, LLC, Lear Corporation, VF Corporation, and Hermes International S.A.

Scope of the Study

Market Segments covered in the Report:

By Type
  • Genuine Leather
  • Synthetic Leather
  • Vegan Leather
By End User
  • Footwear
  • Automotive Accessories
  • Home Décor & Furnishing
  • Small Leather Goods & Accessories
  • Apparel
  • Handbags
  • Others
By Country
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
Companies Profiled
  • Adidas AG
  • Nike, Inc.
  • PUMA SE
  • Tapestry, Inc.
  • New Balance, Inc. (New Balance Aesthetics, Inc.)
  • Herman Miller, Inc.
  • American Leather Operations, LLC
  • Lear Corporation
  • VF Corporation
  • Hermes International S.A.
Unique Offerings from the Publisher
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Adidas AG
  • Herman Miller, Inc.
  • Hermes International S.A.
  • Lear Corporation
  • Nike, Inc.
  • PUMA SE
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Leather Goods Market, by Type
1.4.2 Asia Pacific Leather Goods Market, by End User
1.4.3 Asia Pacific Leather Goods Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)

Chapter 4. Asia Pacific Leather Goods Market by Type
4.1 Asia Pacific Genuine Leather Market by Country
4.2 Asia Pacific Synthetic Leather Market by Country
4.3 Asia Pacific Vegan Leather Market by Country

Chapter 5. Asia Pacific Leather Goods Market by Product
5.1 Asia Pacific Footwear Product Market by Country
5.2 Asia Pacific Automotive Accessories Product Market by Country
5.3 Asia Pacific Home Décor & Furnishing Product Market by Country
5.4 Asia Pacific Small Leather Goods & Accessories Product Market by Country
5.5 Asia Pacific Apparel Product Market by Country
5.6 Asia Pacific Handbags Product Market by Country
5.7 Asia Pacific Pet Accessories Market by Country

Chapter 6. Asia Pacific Leather Goods Market by Country
6.1 China Leather Goods Market
6.1.1 China Leather Goods Market by Type
6.1.2 China Leather Goods Market by Product
6.2 Japan Leather Goods Market
6.2.1 Japan Leather Goods Market by Type
6.2.2 Japan Leather Goods Market by Product
6.3 India Leather Goods Market
6.3.1 India Leather Goods Market by Type
6.3.2 India Leather Goods Market by Product
6.4 South Korea Leather Goods Market
6.4.1 South Korea Leather Goods Market by Type
6.4.2 South Korea Leather Goods Market by Product
6.5 Singapore Leather Goods Market
6.5.1 Singapore Leather Goods Market by Type
6.5.2 Singapore Leather Goods Market by Product
6.6 Malaysia Leather Goods Market
6.6.1 Malaysia Leather Goods Market by Type
6.6.2 Malaysia Leather Goods Market by Product
6.7 Rest of Asia Pacific Leather Goods Market
6.7.1 Rest of Asia Pacific Leather Goods Market by Type
6.7.2 Rest of Asia Pacific Leather Goods Market by Product

Chapter 7. Company Profiles
7.1 Adidas AG
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.1.5.3 Geographical Expansions:
7.2 Nike, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.1 Recent strategies and developments:
7.2.1.1 Partnerships, Collaborations, and Agreements:
7.2.1.2 Product Launches and Product Expansions:
7.3 PUMA SE
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.4 Tapestry, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Recent strategies and developments:
7.4.4.1 Partnerships, Collaborations, and Agreements:
7.5 New Balance, Inc. (New Balance Aesthetics, Inc.)
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 Herman Miller, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 American Leather Operations, LLC
7.7.1 Company Overview
7.8 Lear Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.9 VF Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Recent strategies and developments:
7.9.4.1 Partnerships, Collaborations, and Agreements:
7.9.4.2 Acquisition and Mergers:
7.10. Hermes International S.A.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Recent strategies and developments:
7.10.4.1 Product Launches and Product Expansions:
7.10.4.2 Geographical Expansions:
7.10.4.3 Acquisition and Mergers:
Note: Product cover images may vary from those shown
  • Adidas AG
  • Nike, Inc.
  • PUMA SE
  • Tapestry, Inc.
  • New Balance, Inc. (New Balance Aesthetics, Inc.)
  • Herman Miller, Inc.
  • American Leather Operations, LLC
  • Lear Corporation
  • VF Corporation
  • Hermes International S.A.
Note: Product cover images may vary from those shown

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