United States Luxury Leather Goods Market Size & Outlook, 2025-2033


United States Luxury Leather Goods Market Insights

  • As highlighted in Deep Market Insights analysis, the United States Luxury Leather Goods Market, worth USD 31.48 Billion in 2024, is forecasted to achieve USD 51.72 Billion by 2033.
  • The United States market is anticipated to grow at a CAGR of 5.63% during the period 2025–2033.
  • By 2024, Handbags & luggage represented the largest share of the Product market size.
  • Handbags & luggage is expected to remain the key growth driver within Product, registering the fastest CAGR during the forecast period.

Other Key Findings


  • In 2024, United States accounted for 29.98% of the global Luxury Leather Goods Market size.
  • By 2033, United States is expected to lead the global Luxury Leather Goods Market in terms of market size.
  • Within North America, United States is projected to dominate the regional Luxury Leather Goods Market size by 2033.
  • United States is identified as the fastest-growing market in North America, anticipated to reach USD 51.55 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 31.48 Billion
Market Size In 2033 USD 51.72 Billion
Largest segment Handbags & luggage
Units Revenue in USD Billion
CAGR 5.63% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Product
  1. Handbags & luggage
  2. Small leather goods
  3. Footwear
  4. Belts
Price tier
  1. Accessible luxury
  2. High luxury
Distribution
  1. Flagship stores
  2. Department stores
  3. E-commerce
  4. Travel retail

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