Mexico Leather Goods Market Size & Outlook, 2025-2033


Mexico Leather Goods Market Insights

  • As highlighted in Deep Market Insights analysis, the Mexico Leather Goods Market, worth USD 7.24 Billion in 2024, is forecasted to achieve USD 12.96 Billion by 2033.
  • The Mexico market is anticipated to grow at a CAGR of 6.67% during the period 2025–2033.
  • By 2024, Handbags represented the largest share of the Product market size.
  • Handbags is expected to remain the key growth driver within Product, registering the fastest CAGR during the forecast period.

Other Key Findings


  • In 2024, Mexico represented 1.44% of the overall global Leather Goods Market size.
  • United States is projected to lead the global Leather Goods Market size by 2033.
  • Across LATAM, Brazil is anticipated to hold the dominant position in market size by 2033.
  • Mexico is forecasted to expand at the fastest pace in LATAM, attaining USD 7.12 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 7.24 Billion
Market Size In 2033 USD 12.96 Billion
Largest segment Handbags
Units Revenue in USD Billion
CAGR 6.67% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
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