Following the liberalization era, the leather footwear business expanded. The leather footwear market is recognized to be geographically diverse all around the world. Furthermore, this industry has witnessed significant changes in terms of raw material availability, return maximization, and trade concentration. Regions having a high concentration of industry benefit the global leather footwear market. The availability of skilled labour at a cheaper cost benefits the supply side of the market. Another advantage of the supply side is the availability of surplus raw materials. Furthermore, increasing institutional support for small-scale sector development is a major help to this market. Another component is institutional support for product development and design features, such as schools, colleges, R&D centers, government training facilities, and so on. A growing number of students are choosing for a profession in footwear design and manufacture.
On the other side, the timely availability of pure raw material is one of the biggest issues for leather footwear makers.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Type, Price Range, Consumer Group, Distribution Channel, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Salvatore Ferragamo S.p.A., Allen Edmonds, Hermès International S.A., Kering S.A., Bruno Magli, LVMH, Cole Haan, Genesco Inc., Prada Holding B.V., Crockett & Jones. |
Covid-19 Impact on Leather Footwear Market
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Leather Footwear Market Segment Overview
According to Consumer Group, the Men segment is a major segment in the Leather Footwear Market. Furthermore, the women's segment of the leather footwear market is growing these days. Additionally, the rising income of customers is one of the primary driving factors projected to positively impact the leather footwear market. With rising consumer spending, people's lifestyles are improving. Demand for formal shoes, particularly those made of leather, is predicted to increase steadily as the working-class population grows.
Leather Footwear Market, By Type
· Formal
· Casual
· Outdoor
Leather Footwear Market, By Price Range
· Low-Range
· Mid-Range
· High-Range
Leather Footwear Market, By Consumer Group
· Men
· Women
· Children
Leather Footwear Market, By Distribution Channel
· Online
· Offline
Leather Footwear Market Regional Overview
Region-Wise, the market in the Asia Pacific is projected to grow at a significant rate in the forthcoming years. In developing economies, the number of leather footwear makers is increasing, and countries like India are increasingly multiplying their cottage and small-scale businesses, generating a market opportunity for leather footwear. Furthermore, due to more production centers, China and other Asian countries are increasingly dependent on the domestic market rather than exports, which is one of the most significant market trends in the leather footwear market. Another trend in this market is the rising affluence of developing countries like India, which is prompting multinational players to expand in the retail sector. Another trend seen in these countries is the rise of the made-to-order culture.
Leather Footwear Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Leather Footwear Market, Key Players
· Salvatore Ferragamo S.p.A.
· Allen Edmonds
· Hermès International S.A.
· Kering S.A.
· Bruno Magli
· LVMH
· Cole Haan
· Genesco Inc.
· Prada Holding B.V.
· Crockett & Jones
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Leather Footwear market?
Q2. What are the restraining factors for the global Leather Footwear market?
Q3. Which segment is projected to hold the largest share in the global Leather Footwear market. ?
Q4. Which region holds the largest share in the global Leather Footwear market?
Q5. Which are the prominent players in the global Leather Footwear market?
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Leather Footwear Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Formal
- 5.2.2. Casual
- 5.2.3. Outdoor
- 5.3. Market Analysis, Insights and Forecast – By Price Range
- 5.3.1. Low-Range
- 5.3.2. Mid-Range
- 5.3.3. High-Range
- 5.4. Market Analysis, Insights and Forecast – By Consumer Group
- 5.4.1. Men
- 5.4.2. Women
- 5.4.3. Children
- 5.5. Market Analysis, Insights and Forecast – By Distribution Channel
- 5.5.1. Online
- 5.5.2. Offline
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Leather Footwear Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Formal
- 6.2.2. Casual
- 6.2.3. Outdoor
- 6.3. Market Analysis, Insights and Forecast – By Price Range
- 6.3.1. Low-Range
- 6.3.2. Mid-Range
- 6.3.3. High-Range
- 6.4. Market Analysis, Insights and Forecast – By Consumer Group
- 6.4.1. Men
- 6.4.2. Women
- 6.4.3. Children
- 6.5. Market Analysis, Insights and Forecast – By Distribution Channel
- 6.5.1. Online
- 6.5.2. Offline
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Leather Footwear Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Formal
- 7.2.2. Casual
- 7.2.3. Outdoor
- 7.3. Market Analysis, Insights and Forecast – By Price Range
- 7.3.1. Low-Range
- 7.3.2. Mid-Range
- 7.3.3. High-Range
- 7.4. Market Analysis, Insights and Forecast – By Consumer Group
- 7.4.1. Men
- 7.4.2. Women
- 7.4.3. Children
- 7.5. Market Analysis, Insights and Forecast – By Distribution Channel
- 7.5.1. Online
- 7.5.2. Offline
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Leather Footwear Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Formal
- 8.2.2. Casual
- 8.2.3. Outdoor
- 8.3. Market Analysis, Insights and Forecast – By Price Range
- 8.3.1. Low-Range
- 8.3.2. Mid-Range
- 8.3.3. High-Range
- 8.4. Market Analysis, Insights and Forecast – By Consumer Group
- 8.4.1. Men
- 8.4.2. Women
- 8.4.3. Children
- 8.5. Market Analysis, Insights and Forecast – By Distribution Channel
- 8.5.1. Online
- 8.5.2. Offline
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Leather Footwear Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Formal
- 9.2.2. Casual
- 9.2.3. Outdoor
- 9.3. Market Analysis, Insights and Forecast – By Price Range
- 9.3.1. Low-Range
- 9.3.2. Mid-Range
- 9.3.3. High-Range
- 9.4. Market Analysis, Insights and Forecast – By Consumer Group
- 9.4.1. Men
- 9.4.2. Women
- 9.4.3. Children
- 9.5. Market Analysis, Insights and Forecast – By Distribution Channel
- 9.5.1. Online
- 9.5.2. Offline
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Salvatore Ferragamo S.p.A.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Allen Edmonds
- 10.6. Hermès International S.A.
- 10.7. Kering S.A.
- 10.8. Bruno Magli
- 10.9. LVMH
- 10.10. Cole Haan
- 10.11. Genesco Inc.
- 10.12. Prada Holding B.V.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
