Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Type (Luggage, Footwear, Accessories), By Distribution Channel (Online, Offline) And Competitive Landscape
Product Code: ETC057687 | Publication Date: Feb 2021 | Updated Date: Oct 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Europe Leather Market |
ย Base Year | 2022 |
ย Historical Period | 2019-2022 |
ย Forecast Period | 2023-2029 |
ย Growth rate | XXXX |
ย Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
ย Segment Coverage | By Countries, By Type, By Distribution Channel |
ย Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert atย sales@6wresearch.comย |
ย Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
Europe Leather Market report thoroughly covers the market by countries, by type, and by distribution channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Europe Leather Market is one of the dynamic and evolving sectors, characterized by a rich heritage of craftsmanship and enterprise. The Europe leather industry has traditionally been one of the largest and most influential in the world which incorporates a wide range of products such as leather goods, footwear, and automotive upholstery. In terms of market share, Italy, Russia, Spain, United Kingdom, France, and Germany have historically been major players, recognized for their superior craftsmanship and innovation.
According to 6Wresearch, the Europe Leather Market is expected to grow enormously during the forecast period of 2023-2029. The key drivers of the market include surging demand for luxury and premium leather products. The region's reputation for quality and style has positioned it as a hub for high-end fashion and accessories. Additionally, the rising discretionary expenses and changing consumer lifestyles have further bolstered the demand for leather goods and further aiding the Europe Leather Market Growth. Furthermore, sustainability and ethical deliberations have become major trends within the industry. There has been a growing shift towards cruelty-free practices, as consumers are becoming more conscious of the environmental impact of leather production. This has resulted in innovations in alternative materials and more sustainable production processes in Europe. However, the Europe leather market also faces primary challenges such as intense competition from emerging markets, particularly in Asia and South America, where production costs are lower than Europe. This has put pressure on European manufacturers to adapt to remain competitive while maintaining high standards in terms of quality. Additionally, regulatory issues related to environmental standards and chemical usage have been a subject of scrutiny. Stricter regulations can pose severe challenges for traditional tanneries and manufacturers, necessitating investments in sustainable practices. Despite these challenges, there are several opportunities shaping the Europe leather market size. For instance, the increasing emphasis on sustainable practices presents an opportunity for companies that can innovate in this area. Further, the adoption of digital technologies in manufacturing and marketing is another avenue for growth. Implementation of e-commerce and incorporating AI for design support companies stay competitive in rapidly evolving industry.
European Union has stringent regulations to ensure the responsible sourcing and production of leather goods. This includes requirements for traceability and environmental impact assessments. This is an EU regulation concerning the Registration, Evaluation, Authorisation and Restriction of Chemicals. It aims to protect human health and the environment from the risks associated with chemicals and to promote the use of alternative methods for the assessment of hazards. Moreover, Convention on International Trade in Endangered Species of Wild Fauna and Flora an international agreement, to which the EU is a party, regulates the trade in certain species of wild animals and plants. Furthermore, the Circular Economy Action Plan promotes the sustainability of products, including those in the leather industry, by encouraging recycling, reusing, and reducing waste.
The COVID-19 pandemic significantly impacted the Europe Leather Industry as lockdowns and restrictions on movement led to disruptions in the supply chain, affecting the production and distribution of leather goods. Also, the pandemic prompted a shift in consumer preferences towards comfortable attire, impacting the demand for leather fashion goods. With physical retail outlets facing restrictions, there was a surge in online shopping for leather goods, accelerating the digital transformation of the industry. Moreover, the pandemic highlighted the importance of sustainable and responsible sourcing and production practices, leading to an increased emphasis on sustainability in the leather industry.
The prominent key players in the industry vying for market share includes;
According to Ravi Bhandari, Research Head, 6Wresearch, the online distribution channel is leading the Europe Leather Market Share on account of convenience, extensive product selection, and the facility to shop from various devices. Additionally, the COVID-19 pandemic has further fueled the adoption of online shopping across various industries. However, offline segment remains vital and continues to serve a specific demographic of consumers who prefer the in-person shopping experience.
By type, the Accessories segment is likely to witness growth due to the versatility and high demand for leather accessories across various consumer demographics. Additionally, the accessories segment often appeals to a broader audience compared to footwear or luggage segment.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Leather Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Leather Market Revenues & Volume, 2022 & 2029F |
3.3 Europe Leather Market - Industry Life Cycle |
3.4 Europe Leather Market - Porter's Five Forces |
3.5 Europe Leather Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 Europe Leather Market Revenues & Volume Share, By Type, 2022 & 2029F |
3.7 Europe Leather Market Revenues & Volume Share, By Distribution Channel, 2022 & 2029F |
4 Europe Leather Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Leather Market Trends |
6 Europe Leather Market, 2019-2029 |
6.1 Europe Leather Market, Revenues & Volume, By Type, 2019-2029 |
6.2 Europe Leather Market, Revenues & Volume, By Distribution Channel, 2019-2029 |
7 Germany Leather Market, 2019-2029 |
7.1 Germany Leather Market, Revenues & Volume, By Type, 2019-2029 |
7.2 Germany Leather Market, Revenues & Volume, By Distribution Channel, 2019-2029 |
8 United Kingdom Leather Market, 2019-2029 |
8.1 United Kingdom Leather Market, Revenues & Volume, By Type, 2019-2029 |
8.2 United Kingdom Leather Market, Revenues & Volume, By Distribution Channel, 2019-2029 |
9 France Leather Market, 2019-2029 |
9.1 France Leather Market, Revenues & Volume, By Type, 2019-2029 |
9.2 France Leather Market, Revenues & Volume, By Distribution Channel, 2019-2029 |
10 Italy Leather Market, 2019-2029 |
10.1 Italy Leather Market, Revenues & Volume, By Type, 2019-2029 |
10.2 Italy Leather Market, Revenues & Volume, By Distribution Channel, 2019-2029 |
11 Russia Leather Market, 2019-2029 |
11.1 Russia Leather Market, Revenues & Volume, By Type, 2019-2029 |
11.2 Russia Leather Market, Revenues & Volume, By Distribution Channel, 2019-2029 |
12 Spain Leather Market, 2019-2029 |
12.1 Spain Leather Market, Revenues & Volume, By Type, 2019-2029 |
12.2 Spain Leather Market, Revenues & Volume, By Distribution Channel, 2019-2029 |
13 Rest of Europe Leather Market, 2019-2029 |
13.1 Rest of Europe Leather Market, Revenues & Volume, By Type, 2019-2029 |
13.2 Rest of Europe Leather Market, Revenues & Volume, By Distribution Channel, 2019-2029 |
14 Europe Leather Market Key Performance Indicators |
15 Europe Leather Market - Opportunity Assessment |
15.1 Europe Leather Market Opportunity Assessment, By Countries, 2022 & 2029F |
15.2 Europe Leather Market Opportunity Assessment, By Type, 2022 & 2029F |
15.3 Europe Leather Market Opportunity Assessment, By Distribution Channel, 2022 & 2029F |
16 Europe Leather Market - Competitive Landscape |
16.1 Europe Leather Market Revenue Share, By Companies, 2022 |
16.2 Europe Leather Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |