Europe Leather Goods Market 2019-2024 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Europe Leather Goods market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Leather Goods market all told its geographical and merchandise segments.
The European leather goods market is expected to reach USD 67.74 billion by 2024, registering at a CAGR of 2.86% during the forecast period (2019 – 2024).
The Europe Leather Goods market is highly competitive and consists of a number of major players. Companies like Adidas AG, Kering SA, LVMH, Ralph Lauren Corporation, Michael Kors Holdings Ltd, Hermes International SA, Prada SpA, Chanel SA among others.
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Scope of the Report:
The report analyses the recent trends, drivers, and challenges affecting the market. Opportunities pertaining to the market has also been taken into consideration. The market has been segmented by type, distribution channel, and geography. By type, the market is segmented into footwear, luggage, and accessories. By distribution channel, the market is segmented into offline and online retail stores. It also provides regional analysis of the leather goods market in the emerging and established countries of Europe.
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Key Market Trends:
The Fashion Industry is Leading the Leather Market
The increased number of working professionals and young millennials is majorly driving the leather shoes market in the European region. Majorly driven by the fashion industry, the European countries, such as Italy and France, are witnessing an extensive dependency on leather goods, right from production to trading, including footwear. In addition, the European Commission published a study, which stated that the leather footwear segment accounts for the major production share, of 41%, in the leather industry. The thriving fashion industry has majorly uplifted the demand for leather handbags and wallets among the consumers, thereby driving the accessories market in the region. As a result, leather handbags hold the major market share in the accessories segment. Europe-based companies, such as Gucci, Gianni Versace, and Louis Vuitton, are the key players involved in the manufacturing of leather-based luxury goods.
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The key insights of the Leather Goods Market report:
- The report provides key statistics on the market status of the Leather Goods market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
- The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
- The Leather Goods market report presents the company profile, product specifications, capacity, production value, and 2014-2019 market shares for key vendors.
- The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
- The report estimates 2019-2024 market development trends of Leather Goods Market.
- Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
- The report makes some important proposals for a new project of Leather Goods Industry before evaluating its feasibility.
Finally, Leather Goods Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Leather Goods industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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– The market estimate (ME) sheet in Excel format
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– 3 months of analyst support
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