Changing fashion trends and customer preferences is expected to drive market expansion in the near future at a CAGR of 7.90% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published a cooked research report on the “Global Apparel and Leather Products Market” that contains information from 2018 to 2032. The apparel and leather products market is estimated to register a CAGR of 7.90% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global apparel and leather products market - Adidas AG; Nike, Inc.; Puma SE; Fila, Inc.; New Balance Athletics, Inc.; Knoll, Inc.; Samsonite International S.A.; VIP Industries Ltd.; Timberland LLC; Johnston & Murphy; Woodland Worldwide; Hermès International S.A.; Louis Vuitton Malletier; VF Corporation; COLLAR Company; LUCRIN Geneva; Nappa Dori; Saddles India Pvt. Ltd.; and Lear Corporation.

Apparel and Leather Products Market Highlights

The global apparel and leather products market is accounted to register a CAGR of 7.90% during the forecast period and is estimated to reach USD 1908.06 billion by 2032.

Demand for new apparel and accessories is always fueled by shifting consumer preferences and fashion trends. This dynamic environment fosters invention and stimulates apparel and leather products market expansion. Additionally, consumers now have simple access to a wide range of leather and textile products because to the expansion of online retail platforms. The ease of online shopping and the greater accessibility of e-commerce platforms drive industry expansion. In addition, a rise in demand for fashion goods is a result of the worldwide urbanization trend. A broad wardrobe and more regular clothes purchases are frequently needed for urban lifestyles. It will accelerate apparel and leather products market growth.

Segment Analysis

The global apparel and leather products market has been segmented based gasifier technology and gasifier application.

On the basis of end user, the market is segmented into Men, Women and Kids. The women segment was attributed to holding the largest market share in 2022. In the next years, category development is predicted to be aided by increased apparel spending brought on by an increase in the number of working women. The major manufacturers in the apparel and leather products market are also concentrating on the introduction of new designs and styles in formal wear due to the growing engagement of women in the workforce.

Based on type, the global apparel and leather products market has been segmented into Leather and Allied Products and Apparel. The leather and allied products segment was expected to hold the largest market share in 2022. Hides are transformed into leather by tanning or curing them, and then the finished products are put together by producers of leather and associated products. In addition, they manufacture comparable goods from materials other than leather, such as rubber, plastics, or textiles (apart from clothes).

On the basis of distribution channel, the market is segmented into Online Sales and Offline Sales. The online sales segment was attributed to holding the largest market share in 2022. In line with the rising demand for online shopping, the market for apparel and leather products is expected to grow. Furthermore, the market for apparel and leather products is anticipated to expand as a result of manufacturers' enhanced capacity to offer their products on a larger array of platforms than before.

Regional Analysis

The global apparel and leather products market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe apparel and leather products market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The apparel and leather products market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World apparel and leather products market comprises of Middle East, Africa, and Latin America.

The largest market share for apparel and leather products was maintained by the North American regional sector driven by a rise in the number of customers who are aware that comfortable and stylish clothes is available. Men in the area are increasingly learning more about the newest fashion trends. The apparel and leather products market potential for manufacturers should correspondingly increase.

Moreover, the Europe market has been persistently growing over the forecast period due to rising fashion and luxury clothing costs in the UK, France, and Germany as well as growing consumer demand for women's clothing. The propensity of consumers to purchase apparel and leather products for personal use has expanded e-commerce sales in Europe.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. It is projected that as internet shopping grows in popularity, the market for apparel and leather products will increase. Due to manufacturers' improved capacity to sell their products across a larger array of platforms than before, the market for apparel and leather products will grow.

Furthermore, the rest of the world's apparel and leather products market is divided into the Middle East, Africa, and Latin America. The rest of the world's market for apparel and leather products is diversified and influenced by a number of variables. MEA is a culturally diverse region with a range of dress rules and fashion preferences. In many nations, traditional attire is the norm, although Western-style clothing is also common, particularly in urban areas.

Key Findings of the Study

• The global apparel and leather products market is expected to reach USD 1908.06 billion by 2032, at a CAGR of 7.90% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market. The market for apparel and leather products is expected to develop as internet shopping becomes more widespread.


• Based on end user, the women segment was attributed to holding the largest market in 2022, with an approximate market share of 65%.


• Adidas AG; Nike, Inc.; Puma SE; Fila, Inc.; New Balance Athletics, Inc.; Knoll, Inc.; Samsonite International S.A.; VIP Industries Ltd.; Timberland LLC; Johnston & Murphy; Woodland Worldwide; Hermès International S.A.; Louis Vuitton Malletier; VF Corporation; COLLAR Company; LUCRIN Geneva; Nappa Dori; Saddles India Pvt. Ltd.; and Lear Corporation.