North America Luxury Leather Goods Market Size & Outlook, 2025-2033

North America Luxury Leather Goods Market Insights

As per Deep Market Insights insights, North America’s Luxury Leather Goods Market was valued at USD 41.25 Billion in 2024 and is anticipated to expand to USD 67.83 Billion by 2033.
From 2025 to 2033, the market is anticipated to expand at a CAGR of 5.61%.
Within Product, Handbags & luggage accounted for the largest market size in 2024.
During the forecast period, Handbags & luggage is anticipated to remain the highest-growth segment within the Product category.

North America held 39.28% share of the global Luxury Leather Goods Market size in 2024.
United States is expected to remain the largest contributor to the global market size by 2033.
By 2033, United States is anticipated to record the highest growth in North America, with the market size expected to reach USD 51.55 Billion.

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 41.25 Billion
Market Size In 2033	USD 67.83 Billion
Largest segment	Handbags & luggage
Units	Revenue in USD Billion
CAGR	5.61% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segments	Sub Segments
North America	United States Canada
Product	Handbags & luggage Small leather goods Footwear Belts
Price tier	Accessible luxury High luxury
Distribution	Flagship stores Department stores E-commerce Travel retail