Asia-Pacific: revenue of luxury leather goods 2023

From the selected regions, the ranking by revenue in the 'Luxury Leather Goods' segment of the luxury goods market is led by China with 10.8 billion U.S. dollars and is followed by Japan (5.3 billion U.S. dollars). In contrast, the ranking is trailed by Pakistan with 215.71 million U.S. dollars, recording a difference of 10.6 billion U.S. dollars to China.

Find other insights concerning similar markets and segments, such as a ranking by country regarding revenue in the prestige cosmetics & fragrances segment of the luxury goods market and a ranking of subsegments in Worldwide regarding revenue in the Luxury Goods market as a whole.

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Revenue of luxury leather goods in the Asia-Pacific region in 2023, by country (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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