India Leather Goods Market Size, Share, Industry trends, Growth Insights and Research Report by 2033

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 and Drivers:

The India leather goods market is growing strongly on the back of increasing disposable income, urbanization, and shifting consumer tastes towards branded and premium products. Indian consumers are spending more on high-quality leather products like handbags, wallets, belts, and shoes on account of the increased appeal of global fashion and lifestyle trends. Additionally, the growth of online shopping platforms has increased the accessibility of leather products to a wider segment of people, including tier II and tier III cities. Essentially, the ease of online shopping, coupled with discounts and options from international and domestic brands, has dramatically boosted the base of customers.

Further, the Indian government's intervention in the industry in the form of programs such as the Indian Footwear and Leather Development Programme (IFLDP) has contributed to manufacturing and export expansion. The industry also enjoys the advantage of a huge population of livestock in India, thereby ensuring a consistent supply of raw material. Finally, sustainability is gaining prominence, and the majority of brands have embraced eco-friendly tanning and ethical sourcing. Growing demand from the youth category, fueled by aspirational lifestyle and greater fashion awareness, is yet another robust growth driver. In addition, India's robust export opportunities, especially in countries such as the U.S. and Europe, are compelling manufacturers to improve quality and design parameters. Overall, these combined factors are turning the leather goods sector into a more dynamic, competitive, and innovation-oriented segment of India's retail ecosystem.

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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.

About Us:

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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