Leather Goods Market in India 2025:
How Big is the India Leather Goods Market?
The India leather goods market size reached USD 13.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 20.1 Billion by 2033, exhibiting a growth rate (CAGR) of 4.6% during 2025-2033.
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 13.4 Billion
Market Size in 2033: USD 20.1 Billion
Market Growth Rate (CAGR) 2025-2033: 4.6%
India Leather Goods Market Trends:
The India leather goods market is witnessing dynamic trends driven by rising consumer preference for premium fashion accessories, durable footwear, and sustainable leather alternatives. Increasing awareness regarding high-quality craftsmanship and evolving fashion sensibilities among urban consumers are significantly influencing market growth. Moreover, the integration of technology in design and production processes, such as digital printing and smart leather treatments, is transforming the manufacturing landscape. In addition, the growth of e-commerce platforms and direct-to-consumer brands is enabling manufacturers to reach a broader audience while maintaining brand authenticity.
Additionally, there is a notable shift toward ethical sourcing and eco-friendly tanning processes, as consumers prioritize sustainability and transparency in purchasing decisions. The expansion of global luxury brands in India and the adoption of modern retail formats are further amplifying the demand for premium leather products across categories like handbags, jackets, wallets, and belts. Overall, evolving lifestyle patterns, rising disposable incomes, and increasing exposure to global fashion trends continue to shape the trajectory of the Indian leather goods market.
Scope and Growth Analysis:
The scope of the India leather goods market is broad, encompassing a diverse product range and expanding opportunities across domestic and export segments. The market’s growth is supported by robust demand for both traditional and contemporary leather items, with local artisans playing a key role in sustaining India’s rich heritage of leather craftsmanship. Moreover, supportive government initiatives aimed at promoting leather exports and modernizing production facilities are enhancing the industry’s competitiveness on a global scale. In addition, technological advancements and investments in automation are improving product quality, efficiency, and design innovation.
Additionally, the rising trend of personalization and bespoke leather products is opening new avenues for niche market players. The growing influence of digital marketing, coupled with an expanding millennial and Gen Z consumer base, is also fueling demand for stylish and functional leather accessories. With increasing attention toward sustainable production practices and quality assurance, the India leather goods market is well-positioned for steady expansion across both urban and international markets.
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India Leather Goods Market Report And Segmentation:
The report has segmented the market into the following categories:
Product Insights:
- Footwear
- Military Shoes
- Casual Shoes
- Formal Shoes
- Sports Shoes
- Others
- Leather Products
- Upholstery
- Luggage
- Accessories
- Clothing and Apparel
- Bags, Wallets, and Purses
- Others
Material Insights:
- Genuine Leather
- Top-grain Leather
- Split-grain Leather
- Synthetic Leather
- PU-Based Leather
- PVC-Based Leather
- Bio-Based Leather
Price Insights:
- Premium Products
- Mass Products
Distribution Channel Insights:
- Clothing and Sportswear Retailers
- Departmental Stores
- Supermarkets and Hypermarkets
- Online Stores
- Others
Regional Insights:
- North India
- South India
- East India
- West India
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Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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