The Global Leather And Allied Products Market Is Forecast To Grow At A High CAGR

Posted by sainath on December 31st, 2018

The Business Research Company’s global leather and allied products market analysis covers the year-on-year growth of the global leather and allied products market historic and forecast growth. It also includes chapters on the leather and allied products market trends, geographical analysis, and competitive landscape.

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https://www.thebusinessresearchcompany.com/report/leather-and-allied-products-global-market-report-2018

The global leather and allied products market is forecast to grow at a CAGR (compound annual growth rate) of around 6.4% to 2020.

Leather And Allied Products Market Segmentation

According to TBRC’s global leather and allied products market research, the market is split by segments into leather footwear,non-leather footwear, and leather tanning.

Leather footwear segment was the largest segment in the leather and allied products market with around 45% share of the global leather and allied products market. This is due to high demand for leather products such as footwear, wallets and other products from developed regions such as the USA and Europe and developing countries such as China and India.

Non-leather footwear segment was the second largest segment in the global leather and allied products market with a 30.3% share of the market.

Leather tanning segment was the smallest segment in the global leather and allied products market with a 1.1% share of the market.

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Asia Pacific was the largest region in the global leather and allied products manufacturing market in 2017, worth nearly usd195 billion. This can be attributed to high disposable income, thereby fueling the demand for leather products. North America was the second largest region worth around usd152 billion.

 The global leather and allied products market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

The global leather and allied products market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the report are NIKE, Gap Inc., Christian Dior, Adidas, and Kering SA.

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The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

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sainath
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