Global Synthetic Leather Luggage market cagr 8.8%

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Synthetic Leather Luggage Market

Synthetic Leather Luggage Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Synthetic Leather Luggage Market Size and Growth

The global synthetic leather luggage market is expected to grow at a CAGR of 4.5% during the forecast period of 2021-2026. Factors driving market growth include increasing disposable income, changing consumer preferences, and rising demand for lightweight and durable luggage. The market size is estimated to reach $3.8 billion by 2026.

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Companies Covered (Covid 19 Impact Covered)

◍ Samsonite

◍ VIP Industries Limited

◍ VF Corporation

◍ Delsey

◍ Briggs and Riley

◍ Rimowa

◍ Travelpro

◍ Tommy Hilfiger

◍ Victorinox

◍ Olympia

◍ Fox Luggage

◍ Skyway

◍ Traveler's Choice

◍ Tumi Holdings

◍ LV

◍ IT Luggage

The Synthetic Leather Luggage Market is highly competitive with key players such as Samsonite, VIP Industries Limited, VF Corporation, Delsey, Briggs and Riley, Rimowa, Travelpro, Tommy Hilfiger, Victorinox, Olympia, Fox Luggage, Skyway, Traveler's Choice, Tumi Holdings, LV, and IT Luggage. These companies offer a range of synthetic leather luggage products catering to different consumer preferences and budgets, driving market growth through innovation and marketing strategies.

- Samsonite's sales revenue: $3.94 billion

- VIP Industries Limited's sales revenue: $300 million

- VF Corporation's sales revenue: $13.8 billion

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Market Segmentation

By Application

◍ Specialist Retailers

◍ Hypermarkets

◍ E-Commerce

◍ Others

By Product

◍ PVC Synthetic Leather

◍ PU Synthetic Leather

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Market Growth

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$ X Billion USD

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