Global Leather Luggage Market to Witness Astonishing Growth by 2028

The global leather luggage market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). Factors such as increased revenues, increasing domestic and international travel, and improving quality of life encourage the growth of the global leather luggage market. Global market players continue to present the latest leather goods and styles according to the changing needs of consumers. In addition, the stylish and integrated luggage products offered by market players provide comfort and convenience to consumers while traveling. The increase in per capita income encourages consumers to opt for paid and high-quality leather products.

In addition, the emergence of fashion trends around the world has encouraged market players to develop new and fashionable products to meet the needs of consumers and maintain a reliable customer base. In addition, shoppers also choose leather goods and luggage that are integrated but in style. Changing fashion trends have led to an increase in men’s accessories including leather bracelets, necklaces, and gloves. The changing fashion trends will boost the market growth during the forecast period. Additionally, the consumers are familiar with the fashion trends that exist around the world. The existence of social media platforms has exposed consumers to a wide range of international brands. Market players like Prada and Gucci are known for their high-quality products. They have a strong customer base and are increasingly developing in developing countries. With the revenue growth, consumers also have bags of international leather products and accessories that complement their clothing and improve their quality of life. The awareness of branded products will stimulate the growth of the entire leather luggage market.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Product Type
  • By End-User
  • By Mode of Sale
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape-Prada S.p.A, Samsonite International S.A., Louis Vuitton, Hermes International S.A., and Coach Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Leather Luggage Market Report by Segment

By Product Type

• Travel bags
• Casual bags
• Business bags
• Leather Goods
• Purses,wallets & belts
• Handbags
• Footwear
• Others

By End-User

• Men
• Women

BY Mode Of Sale

• Online stores
• Retail stores