Market Share of Leather Goods Industry
The leather goods market is highly competitive. In the organized sector, a few key players hold a major market share, whereas in the unorganized sector, many small players are competing to gain market share. Adidas, Samsonite, and Kering are some prominent players in the global market. Major players are focusing on introducing new product offerings in the market to cater to the interests of consumers as per the ongoing fashion trend among goods like footwear, accessories, and luggage bags. Expansion is the next strategy preferred by companies to strengthen their dominance in the leather goods market. Major players are constantly trying to expand their production facilities or retail outlets to accommodate the growing demand and strengthen their strategies for market development.
Leather Goods Market Leaders
Kering SA
Samsonite IP Holdings S.ÀR.L.
Tapestry, Inc.
Adidas AG
Hermès International S.A.
*Disclaimer: Major Players sorted in no particular order
