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.
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
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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
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