Leather and allied product manufacturing establishments are engaged in tanning or curing of hide into leather and using it in the manufacture of footwear, handbags, purse and other leather products. It also includes the manufacture of similar products with substitute materials such as plastics, rubber or textiles.
The top five companies covered are NIKE Inc., Gap Inc., Christian Dior SE, Adidas AG and Kering SA. Nike was the largest company in the global leather and allied products market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global leather and allied products market was valued at around $530 billion in 2017. Asia Pacific was the largest region in the leather and allied products manufacturing market in 2017, accounting for under 37% market share. The USA was the largest country in the market in 2017, accounting for above 22% market share.
Technological advances in the field of wireless technologies has enabled leather product manufacturers to integrate wearable technology into their products. Leading fashion designers are partnering with technology firms to produce trendy wearables and luxury products as the market is adopting this concept broadly.
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