Learn about the global apparel and leather products market through The Business Research Company, which provides information on apparel and leather products market size, apparel and leather products market drivers and restraints, apparel and leather products market players, the COVID-19 impact on the apparel and leather products market, and more.

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The global apparel and leather products market is expected to grow from $818.9 billion in 2020 to $971.8 billion in 2021 at a compound annual growth rate (CAGR) of 18.%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The apparel and leather products market is expected to reach $1311.6 billion in 2025 at a CAGR of 8%.

Increasing demand for online shopping is expected to help the apparel and leather products market grow.

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The apparel and leather products market consists of sales of apparel and leather products by entities (organizations, sole traders and partnerships) that produce apparel, leather and related products. Apparel producers cut and sew (i.. purchase fabric and cut and sew to make a garment) and/or produce garments by first knitting fabric and then cutting and sewing the fabric into a garment. The apparel manufacturing industry includes entities manufacturing full lines of ready-to-wear apparel and custom apparel: apparel contractors, performing cutting or sewing operations on materials owned by others, jobbers, performing entrepreneurial functions involved in apparel manufacturing, tailors, manufacturing custom garments for individual clients, and entities that combine knitting with the production of complete garments, but excluding producers of knitting fabric not combined with the produce of complete garments. Leather and allied product producers transform hides into leather by tanning or curing and fabricating the leather into products for final consumption, and/or produce similar products from other materials, including products (except apparel) made from “leather substitutes” such as rubber, plastics, or textiles. Rubber footwear, textile luggage, and plastics purses or wallets are examples of “leather substitute” products included in this market.

Global Apparel And Leather Products Market Segments Include:

By Type: Leather And Allied Products, Apparel

Subsegments Covered: Leather Footwear, Non-Leather Footwear, Leather Luggage, Hand Bags And Other Goods, Non-Leather Luggage, Hand Bags And Other Goods, Leather Tanning, Women Wear, Men Wear, Kids Wear.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global apparel and leather products market, accounting for 36% of the market in 2020.

The growing awareness of the adverse effects of the textile industry on the environment is encouraging customers to opt for sustainable materials. Unlike natural materials, synthetic fibres take a long time to decompose as they are made from petroleum products. Biological materials like spider silk are light and have tensile strength that are used in making garments. Some companies also creating a decomposable synthetic version of spider silk.

TBRC’s apparel and leather products market report covers:

Major Market Players: NIKE Inc, Christian Dior SE, H&M AB, Adidas AG, VF Corp

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Apparel And Leather Products Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides apparel and leather products market overviews, analyses and forecasts market size, share, apparel and leather products market players, apparel and leather products market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s apparel and leather products market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Apparel Global Market Report 2021

Leather And Allied Products Global Market Report 2021

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