Detailed content of our market study
Inforamtion
- Number of pages : ~ 40 pages
- Format : Digital and PDF versions
- Last update :
Summary and extracts
1 Market overview
1.1 Definition and scope of study
The Luxury Leather Goods Market refers to the industry of preparing fine leather and producing items with the same leather, whether they are bags, gloves, belts or other fashion items. If it is easy to mention houses that firmly belong to the world of luxury, it is much less easy to draw a clear line between leather goods as a whole and the so-called luxury leather goods. Footwear represents an important part of the market; in 2018, it represented the highest share: 34.8 percent of the market. Luxury footwear is more of a fashion statement, and buyers of luxury footwear spend more and buy more frequently than buyers of other leather items, propelling the category forward.
The Global Luxury Leather Goods Market closed 2020 with a market value of USD 62,30 billion, and is expected to generate USD 65,48 billion at the end of 2021, with a CAGR of 5,3%
In Italy, the Luxury Lather Goods Market is the heart of Made in Italy. From product research and development through prototype development to final product realization and industrialization, all worldwide luxury companies rely on this expertise to bring their famous collections to life. The Italian system counts 20.559 firms in the Luxury leather goods sector. The most famous region for tanneries is Tuscany, with 567 companies (mainly in Santa Croce sull'Arno), out of a total of 1330 throughout Italy. Italian lather producers are mainly micro, small and medium-sized enterprises that work in the sector.
Leather products have proven to be one of the fastest-growing areas within the personal luxury goods market, with growth rates expected to exceed the market average through 2025. Italy is a strategic market for the big companies selling luxury leather goods, the most powerful are Tod's, Fendi, Miu Miu, The Bridge, Gucci, Furla and Bottega Veneta. The latest trends of the sector comprehend low carbon emission leather production and the manufacturing of several luxury leather accessories that have only a functional and aesthetic value.
All our studies are available online in PDF format
Take a look at an example of our research on another market!
Choosing this study means :
Access to more than 35 hours of work
Our studies are the result of over 35 hours of research and analysis. Using our studies allows you to devote more time and added value to your projects.
Benefit from 6 years' experience and over 1,500 industry reports already produced
Our expertise enables us to produce comprehensive studies in all sectors, including niche and emerging markets.
Our know-how and methodology enable us to produce reports that offer unique value for money.
Access to several thousand articles and paid-for data
Businesscoot has access to all the paid economic press as well as exclusive databases to carry out its market research (over 30,000 articles and private sources).
To enhance our research, our analysts also use web indicators (semrush, trends, etc.) to identify market trends and company strategies. (Consult our paying sources)
Guaranteed support after your purchase
A team dedicated to after-sales service, to guarantee you a high level of satisfaction. +44 238 097 0676
A digital format designed for our users
Not only do you have access to a PDF, but also to a digital version designed for our customers. This version gives you access to sources, data in Excel format and graphics. The content of the study can therefore be easily retrieved and adapted for your specific needs.
Our offers :
the luxury leather goods market | Italy
- What are the figures on the size and growth of the market?
- What is driving the growth of the market and its evolution?
- What is the positioning of companies in the value chain?
- Data from several dozen databases
5 reports pack (-15%) IT Italy
- 5 reports at €75.6 excluding VAT per study to choose from our Italian catalogue for 12 months
- Save 15% on additional studies purchased
- Choose to be refunded any unused credit at the end of the 12-month period (duration of the pack)
See the terms and conditions of the pack and the refund of unused credit.