Central & Western Europe: luxury leather goods market revenue 2019-2029

The revenue in the 'Luxury Leather Goods' segment of the luxury goods market in Central & Western Europe was forecast to continuously increase between 2024 and 2029 by in total 2.2 billion U.S. dollars (+17.32 percent). After the seventh consecutive increasing year, the revenue is estimated to reach 15.1 billion U.S. dollars and therefore a new peak in 2029.

Find more key insights for the revenue in countries like average revenue per user (ARPU) concerning the sub-segment 'prestige cosmetics' of the luxury goods market worldwide and the revenue concerning the sub-segment 'luxury jewelry' of the luxury goods market in China.

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Revenue of the luxury leather goods market in Central & Western Europe from 2019 to 2029 (in million U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Luxury Leather Goods cover handbags, suitcases and briefcases as well as small leather goods such as wallets. The market definition corresponds broadly to the segment Luggage and Bags of the Consumer Market Insights Accessories section. The only difference is that Luxury Leather Goods only cover the luxury range.

Additional Information:

The shown market data are based on an analysis of the biggest luxury companies in the world. Accordingly, leather goods from smaller companies or artisanal production unaffiliated with the companies covered are not included. A complete list of all companies and brands covered can be found in the methodology description. All data are shown at retail value, which includes markups for retail distribution and sales taxes.

The most important players in this category are LVMH (with brands such as Louis Vuitton, Rimowa, Moynat and Loewe), Kering (Gucci, Saint Laurent, Bottega-Veneta and others), Coach, Michael Kors and Hermès.

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