Asia Pacific Leather Goods Market Size & Outlook, 2025-2033


Asia Pacific Leather Goods Market Insights

  • According to Deep Market Insights analysis, the Asia Pacific Leather Goods Market size stood at USD 164.21 Billion in 2024 and is forecasted to reach USD 288.02 Billion by 2033.
  • The market is projected to grow at a CAGR of 6.39% between 2025 and 2033.
  • By segment, Handbags was the leading Product in terms of market size in 2024.
  • Handbags is expected to be the most lucrative Product segment, exhibiting the fastest growth throughout the forecast period.

Other Key Findings


  • In 2024, Asia Pacific accounted for 33.81% of the global Leather Goods Market size.
  • By 2033, United States is projected to lead the global market in terms of market size.
  • China is projected to emerge as the fastest-growing market in Asia Pacific, reaching USD 44.46 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 164.21 Billion
Market Size In 2033 USD 288.02 Billion
Largest segment Handbags
Units Revenue in USD Billion
CAGR 6.39% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Asia Pacific
  1. China
  2. India
  3. Japan
  4. Korea
  5. Taiwan
  6. Australia
  7. Singapore
  8. South East Asia
Product
  1. Handbags
  2. Footwear
  3. Wallets
  4. Belts
Tier
  1. Luxury
  2. Premium
  3. Mass
Material
  1. Genuine leather
  2. Synthetic
Channel
  1. Offline retail
  2. E-commerce