South Africa Leather Goods Market Size & Outlook, 2025-2033


South Africa Leather Goods Market Insights

  • According to Deep Market Insights analysis, the South Africa Leather Goods Market size was USD 11.35 Billion in 2024 and is projected to reach USD 20.12 Billion by 2033.
  • The South Africa market is projected to grow at a CAGR of 6.56% between 2025 and 2033.
  • By segment, Handbags emerged as the largest Product in terms of market size in 2024.
  • Belts is anticipated to remain the most attractive Product segment, recording the fastest growth during the forecast period.

Other Key Findings


  • In 2024, South Africa accounted for 2.27% of the global Leather Goods Market size.
  • By 2033, United States is expected to lead the global Leather Goods Market in terms of market size.
  • Within Middle East and Africa, United Arab Emirates is projected to dominate the regional Leather Goods Market size by 2033.
  • Saudi Arabia is identified as the fastest-growing market in Middle East and Africa, anticipated to reach USD 8.93 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 11.35 Billion
Market Size In 2033 USD 20.12 Billion
Largest segment Handbags
Units Revenue in USD Billion
CAGR 6.56% (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