Traditional Leather Market to Reach a Valuation of ~US$ 86.3 Bn by 2027: Transparency Market Research

Traditional Leather Market to Reach a Valuation of ~US$ 86.3 Bn by 2027: Transparency Market Research

PR Newswire

ALBANY, New York, March 5, 2020

ALBANY, New York, March 5, 2020 /PRNewswire/ -- The global traditional leather market was valued at ~US$ 66.8 Bn in 2018 and is anticipated to expand at a CAGR of ~3% during the forecast period. Based on raw material, the bovine leather segment held a dominant share of the global traditional leather market in 2018, primarily due to high quality and low price. It witnesses high demand from footwear and automobile segments.

Transparency_Market_Research_Logo

In terms of end user, the footwear segment accounted for a major share of the global traditional leather market in 2018. There is a high demand for traditional leather in footwear industries, due to its qualities such as durability, rich look, and unique appearance. Based on finishing type, the aniline segment constituted a significant share of the global traditional leather market in 2018, due to high demand for original looking leather from consumers. The traditional leather market in Asia Pacific is likely to expand at a substantial pace during the forecast period, owing to rapid urbanization and industrialization in the region

"Traditional leather has an impeccable finish and smoothness rendering it perfect for various luxurious items. Moreover the use of the traditional leather in fashion industry is also witnessing a substantial growth these days. Owing to these applications and rapidly growing demand, the global traditional leather market is projected to witness a robust growth during the tenure of 2019 to 2027." –Transparency Market Research

Download PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=74871

Key Drivers of Traditional Leather Market

Explore the actionable insights from the report on global traditional leather market available under the title: Traditional Leather Market (Raw Material: Bovine, Sheep, Goat, Pig, and Exotic Leather; End User: Footwear [Performance Footwear and Fashion Footwear], Furnishing [Couch & Sofa and Chairs], Interior [Interior décor & Surfacing and Wall Tiles], Automobile [Seat, Door, Dashboard, Steering Cover, and Others], Sporting Goods, Garments [Fashion Apparel, Fashion Accessories, and Performance Apparel], Luxury Goods [Hard Luxury and Soft Luxury], and Others; and Finishing Type: Aniline, Semi-aniline, Antiqued, Pigmented, Embossed, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/traditional-leather-market.html

Asia Pacific to Lead Traditional Leather Market

Analyze traditional leather market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study.

Traditional Leather Market: Competition Landscape

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/74871

Global Traditional Leather Market: Segmentation

Traditional Leather Market, by Raw Material

Traditional Leather Market, by End User

Traditional Leather Market, by Finishing Type

Traditional Leather Market, by Region

Explore Transparency Market Research's award-winning coverage of the global Chemicals and Materials Industry,

Synthetic Leather Market - The synthetic leather market is expected to expand at a CAGR of ~7% during the forecast period. In the current scenario, consumer trends suggest a tectonic shift toward the adoption of animal-free and sustainable products, which is anticipated to accelerate the demand for synthetic leather worldwide. 

Sodium Lauryl Ether Sulfate [SLES] Market - The increasing requirement of surfactants for the production of soaps and detergents has driven the growth of the sodium lauryl ether sulfate market.

Underground Mining Market - Underground mining market to reach a valuation of ~US$ 25 bn by 2027. The global underground mining market was valued at ~US$ 21.5 Bn in 2018, and is anticipated to expand at a CAGR of ~2% during the forecast period.

Specialty Fertilizers Market - Global specialty fertilizers market to clock a modest 5.7% CAGR for the forecast period between 2017 and 2025. Proliferating at this rate, the market will be valued at US$14,734.4 Mn by 2025 from US$8,987.3 Mn in 2016.

Butyl Acrylate Market - In terms of value, the global butyl acrylate market is anticipated to reach US$ 8.1 Bn by 2026, expanding at a CAGR of 5.0% from 2018 to 2026.

Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg

Voltar noticias em Inglês