U.S Bovine Leather Goods Market, By Type, (Small/Fancy leather goods, Medium leather goods, Heavy leather goods), By End user, General Goods, Footwear, Automotive, Others), Estimation & forecast, 2016 - 2024.
U.S bovine leather goods market was valued at $11.01 billion in 2016 and is expected to reach $15.3 billion by 2024, having a CAGR of 4.3% during the forecast period of 2017 to 2024. The medium leather goods segment gained the highest revenue share in the U.S bovine leather goods market.
Bovine leather is the most common leather, made from cow, buffalo and calf-skin. Bovine leather is widely used in the U.S. leather goods market due to its characteristic property of being extremely soft. It has become easier for hide producers to boost their production of raw animal hide due to the increase in cattle population in the U.S. The leather manufactured from cowhide is easy to care, relatively cheaper due to high availability, and dirt & water resistance. Bovine leather made from cow skin is used in almost every leather product including footwear, handbags, shoulder bags, note case, upholstery, saddlery, holster, purse, wallet, belt, jackets, gloves, and other accessories. On the other hand, calfskin being soft, lightweight, abrasion resistant, and lustrous in look, is used to produce high quality, attractive leather for small sized and medium leather goods with a soft, fine feel.
MARKET DETERMINANTS
The U.S bovine leather goods market has witnessed decent growth in the recent years. The prime factors driving the growth of U.S bovine leather goods market are the changing trends in the fashion industry, increase in the number of women working population and their standard of living. Moreover, an upsurge in the domestic and international tourism is fueling the market growth. However, manufacturing of counterfeit products, the growing concerns regarding animal cruelty, and the impact of leather processing on environment act as the major barriers in the growth of the market. On the other hand, increasing initiatives for marketing branded products is expected to create huge opportunities for the growth of market in the coming years.
SEGMENT ANALYSIS
The U.S bovine leather goods market is segmented on the basis of type, and end user. By type, the market is segmented into small/fancy leather goods, medium leather goods, and heavy leather goods. The fancy leather goods segment contains goods like purse, wallets, belts, passport case & key case, note case, and accessories & others. Medium leather goods are categorized as leather shoes, handbags, shoulder bag, document & attaché cases, and others. The heavy leather goods include goods like saddler, upholstery, holster, tooling & leather craft, automotive, and others. On the basis of end user, the market is segmented as general goods, footwear, automotive, and others.
Some eminent market players are Garrett Leather Corp, Hermès International S.A., American Saddlery Inc., Caleres Inc, Tanner Goods Inc, Rancourt & Company Shoecrafters Inc, Circa of America, Horween Leather Company, Russell Moccasin Co., and Jack Georges. In September 2017, Hermès’ operating income rose up +13 % during first six months of 2017, reaching €931 million, while net profit reached €605 million, up +11%. The growth in the leather goods and saddlery category was due to the success of the collections and the diversity of models.
U.S BOVINE LEATHER GOODS market segmentation
By Type
Bovine leather is the most common leather, made from cow, buffalo and calf-skin. Bovine leather is widely used in the U.S. leather goods market due to its characteristic property of being extremely soft. It has become easier for hide producers to boost their production of raw animal hide due to the increase in cattle population in the U.S. The leather manufactured from cowhide is easy to care, relatively cheaper due to high availability, and dirt & water resistance. Bovine leather made from cow skin is used in almost every leather product including footwear, handbags, shoulder bags, note case, upholstery, saddlery, holster, purse, wallet, belt, jackets, gloves, and other accessories. On the other hand, calfskin being soft, lightweight, abrasion resistant, and lustrous in look, is used to produce high quality, attractive leather for small sized and medium leather goods with a soft, fine feel.
MARKET DETERMINANTS
The U.S bovine leather goods market has witnessed decent growth in the recent years. The prime factors driving the growth of U.S bovine leather goods market are the changing trends in the fashion industry, increase in the number of women working population and their standard of living. Moreover, an upsurge in the domestic and international tourism is fueling the market growth. However, manufacturing of counterfeit products, the growing concerns regarding animal cruelty, and the impact of leather processing on environment act as the major barriers in the growth of the market. On the other hand, increasing initiatives for marketing branded products is expected to create huge opportunities for the growth of market in the coming years.
SEGMENT ANALYSIS
The U.S bovine leather goods market is segmented on the basis of type, and end user. By type, the market is segmented into small/fancy leather goods, medium leather goods, and heavy leather goods. The fancy leather goods segment contains goods like purse, wallets, belts, passport case & key case, note case, and accessories & others. Medium leather goods are categorized as leather shoes, handbags, shoulder bag, document & attaché cases, and others. The heavy leather goods include goods like saddler, upholstery, holster, tooling & leather craft, automotive, and others. On the basis of end user, the market is segmented as general goods, footwear, automotive, and others.
Some eminent market players are Garrett Leather Corp, Hermès International S.A., American Saddlery Inc., Caleres Inc, Tanner Goods Inc, Rancourt & Company Shoecrafters Inc, Circa of America, Horween Leather Company, Russell Moccasin Co., and Jack Georges. In September 2017, Hermès’ operating income rose up +13 % during first six months of 2017, reaching €931 million, while net profit reached €605 million, up +11%. The growth in the leather goods and saddlery category was due to the success of the collections and the diversity of models.
U.S BOVINE LEATHER GOODS market segmentation
By Type
- Small/Fancy leather goods
- Purse
- Wallets
- Belt
- Passport Case & Key Case
- Note Case
- Accessories & Others
- Medium leather goods
- Leather shoes
- Handbags
- Shoulder bags
- Document & Attaché Cases
- Others
- Heavy leather goods
- Saddlery
- Upholstery
- Holster
- Tooling & Leather craft
- Automotive
- General Goods
- Footwear
- Automotive
- Others
- Garrett Leather Corp
- Hermès International S.A.
- American Saddlery Inc.
- Caleres, Inc
- Tanner Goods Inc
- Rancourt & Company Shoecrafters, Inc
- CIRCA OF AMERICA, LLC
- Horween Leather Company
- Russell Moccasin Co.
- Jack Georges
CHAPTER 1. INTRODUCTION
1.1. RESEARCH METHODOLOGY
1.1.1. ERC desk research
1.1.2. ERC data synthesis
1.1.3. Data validation and market feedback
1.1.4. ERC data sources
1.2. RESEARCH SCOPE
CHAPTER 2. MARKET LANDSCAPE
2.1. RESEARCH SUMMARY
2.2. VALUE CHAIN ANALYSIS
2.3. FIVE FORCES ANALYSIS
2.4. MARKET PLAYER POSITIONING
2.5. DEMAND FORECAST
2.6. BUSINESS INTELLIGENCE & STRATEGIC ANALYSIS
2.7. MARKET DETERMINANTS
2.7.1. Drivers
2.7.1.1. Rise in disposable income and standard of living
2.7.1.2. Changing trends in fashion
2.7.1.3. Increase in female working population
2.7.1.4. Upsurge in international and domestic tourism
2.7.2. Restraints
2.7.2.1. Counterfeit products
2.7.2.2. Rising concerns towards animal cruelty and environmental effects
2.7.3. Opportunities
2.7.3.1. Increase in marketing initiatives for branded products
CHAPTER 3. US BOVINE LEATHER GOODS MARKET BY TYPE
3.1. SEGMENT OUTLINE
3.2. US BOVINE LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024
3.3. SMALL/FANCY LEATHER GOODS
3.3.1. Trend analysis
3.3.2. Market growth indicators
3.3.3. US small/fancy leather goods market revenue by type, 2016-2024
3.3.4. Purse
3.3.5. Wallet
3.3.6. Belt
3.3.7. Passport and key case
3.3.8. Note case
3.3.9. Accessories and others
3.4. EDIUM LEATHER GOODS
3.4.1. Trend analysis
3.4.2. Market growth indicators
3.4.3. US medium leather goods market revenue by type, 2016-2024
3.4.4. Leather shoes
3.4.5. Handbags
3.4.6. Shoulder bags
3.4.7. Document and attach cases
3.4.8. Others
3.5. HEAVY LEATHER GOODS
3.5.1. Trend analysis
3.5.2. Market growth indicators
3.5.3. Us heavy leather goods market revenue by type, 2016-2024
3.5.4. Saddlery
3.5.5. Upholstery
3.5.6. Holster
3.5.7. Tooling and leathercraft
3.5.8. Automotive
CHAPTER 4. US BOVINE LEATHER GOODS MARKET BY END-USER
4.1. SEGMENT OUTLINE
4.2. US BOVINE LEATHER GOODS MARKET REVENUE BY END- USER, 2016-2024
4.3. GENERAL GOODS
4.3.1. Trend analysis
4.3.2. Market growth indicators
4.3.3. US general goods market revenue, 2016-2024
4.4. FOOTWEAR
4.4.1. Trend analysis
4.4.2. Market growth indicators
4.4.3. US footwear market revenue, 2016-2024
4.5. AUTOMOTIVE
4.5.1. Trend analysis
4.5.2. Market growth indicators
4.5.3. US automotive market revenue, 2016-2024
4.6. OTHERS
4.6.1. Trend analysis
4.6.2. Market growth indicators
4.6.3. US others bovine leather goods market revenue, 2016-2024
CHAPTER 5. KEY VENDOR PROFILES
5.1. GARRETT LEATHER CORP.
5.1.1. Company synopsis
5.1.2. Company snapshot
5.1.3. Business overview
5.1.4. Strategic analysis
5.2. HERMÈS INTERNATIONAL S.A.
5.2.1. Company synopsis
5.2.2. Company snapshot
5.2.3. Business overview
5.2.4. Strategic analysis
5.3. AMERICAN SADDLERY INC.
5.3.1. Company synopsis
5.3.2. Company snapshot
5.3.3. Business overview
5.3.4. Strategic analysis
5.4. CALERES, INC.
5.4.1. Company synopsis
5.4.2. Company snapshot
5.4.3. Business overview
5.4.4. Strategic analysis
5.5. TANNER GOODS INC
5.5.1. Company synopsis
5.5.2. Company snapshot
5.5.3. Business overview
5.5.4. Strategic analysis
5.6. RANCOURT & COMPANY SHOECRAFTERS, INC.
5.6.1. Company synopsis
5.6.2. Company snapshot
5.6.3. Business overview
5.6.4. Strategic analysis
5.7. CIRCA OF AMERICA, LLC
5.7.1. Company synopsis
5.7.2. Company snapshot
5.7.3. Business overview
5.7.4. Strategic analysis
5.8. HORWEEN LEATHER COMPANY
5.8.1. Company synopsis
5.8.2. Company snapshot
5.8.3. Business overview
5.8.4. Strategic analysis
5.9. RUSSELL MOCCASIN CO.
5.9.1. Company synopsis
5.9.2. Company snapshot
5.9.3. Business overview
5.9.4. Strategic analysis
5.10. JACK GEORGES
5.10.1. Company synopsis
5.10.2. Company snapshot
5.10.3. Business overview
5.10.4. Strategic analysis
1.1. RESEARCH METHODOLOGY
1.1.1. ERC desk research
1.1.2. ERC data synthesis
1.1.3. Data validation and market feedback
1.1.4. ERC data sources
1.2. RESEARCH SCOPE
CHAPTER 2. MARKET LANDSCAPE
2.1. RESEARCH SUMMARY
2.2. VALUE CHAIN ANALYSIS
2.3. FIVE FORCES ANALYSIS
2.4. MARKET PLAYER POSITIONING
2.5. DEMAND FORECAST
2.6. BUSINESS INTELLIGENCE & STRATEGIC ANALYSIS
2.7. MARKET DETERMINANTS
2.7.1. Drivers
2.7.1.1. Rise in disposable income and standard of living
2.7.1.2. Changing trends in fashion
2.7.1.3. Increase in female working population
2.7.1.4. Upsurge in international and domestic tourism
2.7.2. Restraints
2.7.2.1. Counterfeit products
2.7.2.2. Rising concerns towards animal cruelty and environmental effects
2.7.3. Opportunities
2.7.3.1. Increase in marketing initiatives for branded products
CHAPTER 3. US BOVINE LEATHER GOODS MARKET BY TYPE
3.1. SEGMENT OUTLINE
3.2. US BOVINE LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024
3.3. SMALL/FANCY LEATHER GOODS
3.3.1. Trend analysis
3.3.2. Market growth indicators
3.3.3. US small/fancy leather goods market revenue by type, 2016-2024
3.3.4. Purse
3.3.5. Wallet
3.3.6. Belt
3.3.7. Passport and key case
3.3.8. Note case
3.3.9. Accessories and others
3.4. EDIUM LEATHER GOODS
3.4.1. Trend analysis
3.4.2. Market growth indicators
3.4.3. US medium leather goods market revenue by type, 2016-2024
3.4.4. Leather shoes
3.4.5. Handbags
3.4.6. Shoulder bags
3.4.7. Document and attach cases
3.4.8. Others
3.5. HEAVY LEATHER GOODS
3.5.1. Trend analysis
3.5.2. Market growth indicators
3.5.3. Us heavy leather goods market revenue by type, 2016-2024
3.5.4. Saddlery
3.5.5. Upholstery
3.5.6. Holster
3.5.7. Tooling and leathercraft
3.5.8. Automotive
CHAPTER 4. US BOVINE LEATHER GOODS MARKET BY END-USER
4.1. SEGMENT OUTLINE
4.2. US BOVINE LEATHER GOODS MARKET REVENUE BY END- USER, 2016-2024
4.3. GENERAL GOODS
4.3.1. Trend analysis
4.3.2. Market growth indicators
4.3.3. US general goods market revenue, 2016-2024
4.4. FOOTWEAR
4.4.1. Trend analysis
4.4.2. Market growth indicators
4.4.3. US footwear market revenue, 2016-2024
4.5. AUTOMOTIVE
4.5.1. Trend analysis
4.5.2. Market growth indicators
4.5.3. US automotive market revenue, 2016-2024
4.6. OTHERS
4.6.1. Trend analysis
4.6.2. Market growth indicators
4.6.3. US others bovine leather goods market revenue, 2016-2024
CHAPTER 5. KEY VENDOR PROFILES
5.1. GARRETT LEATHER CORP.
5.1.1. Company synopsis
5.1.2. Company snapshot
5.1.3. Business overview
5.1.4. Strategic analysis
5.2. HERMÈS INTERNATIONAL S.A.
5.2.1. Company synopsis
5.2.2. Company snapshot
5.2.3. Business overview
5.2.4. Strategic analysis
5.3. AMERICAN SADDLERY INC.
5.3.1. Company synopsis
5.3.2. Company snapshot
5.3.3. Business overview
5.3.4. Strategic analysis
5.4. CALERES, INC.
5.4.1. Company synopsis
5.4.2. Company snapshot
5.4.3. Business overview
5.4.4. Strategic analysis
5.5. TANNER GOODS INC
5.5.1. Company synopsis
5.5.2. Company snapshot
5.5.3. Business overview
5.5.4. Strategic analysis
5.6. RANCOURT & COMPANY SHOECRAFTERS, INC.
5.6.1. Company synopsis
5.6.2. Company snapshot
5.6.3. Business overview
5.6.4. Strategic analysis
5.7. CIRCA OF AMERICA, LLC
5.7.1. Company synopsis
5.7.2. Company snapshot
5.7.3. Business overview
5.7.4. Strategic analysis
5.8. HORWEEN LEATHER COMPANY
5.8.1. Company synopsis
5.8.2. Company snapshot
5.8.3. Business overview
5.8.4. Strategic analysis
5.9. RUSSELL MOCCASIN CO.
5.9.1. Company synopsis
5.9.2. Company snapshot
5.9.3. Business overview
5.9.4. Strategic analysis
5.10. JACK GEORGES
5.10.1. Company synopsis
5.10.2. Company snapshot
5.10.3. Business overview
5.10.4. Strategic analysis
LIST OF TABLES
TABLE NO 1. US BOVINE LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
TABLE NO 2. US SMALL/FANCY LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
TABLE NO 3. GLOBAL MEDIUM LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
TABLE NO 4. US HEAVY LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
TABLE NO 5. US BOVINE LEATHER GOODS MARKET REVENUE BY END- USER, 2016-2024 ($MILLION)
TABLE NO 1. US BOVINE LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
TABLE NO 2. US SMALL/FANCY LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
TABLE NO 3. GLOBAL MEDIUM LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
TABLE NO 4. US HEAVY LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
TABLE NO 5. US BOVINE LEATHER GOODS MARKET REVENUE BY END- USER, 2016-2024 ($MILLION)
LIST OF FIGURES
FIGURE NO 1. VALUE CHAIN ANALYSIS
FIGURE NO 2. FIVE FORCES ANALYSIS
FIGURE NO 3. MARKET PLAYER POSITIONING
FIGURE NO 4. INVESTMENT OPPORTUNITIES
FIGURE NO 5. KEY STRATEGIC ATTEMPTS (%SHARE)
FIGURE NO 6. US BOVINE LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
FIGURE NO 7. US SMALL/FANCY LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
FIGURE NO 8. US PURSE MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 9. US WALLET MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 10. US BELT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 11. US PASSPORT AND KEY CASE MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 12. US NOTE CASE MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 13. US ACCESSORIES AND OTHERS MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 14. GLOBAL MEDIUM LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
FIGURE NO 15. US LEATHER SHOES MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 16. US LEATHER SHOES MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 17. US SHOULDER BAGS MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 18 US DOCUMENT AND ATTACH CASES MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 19. US OTHER BOVINE LEATHER GOODS MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 20. US HEAVY LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
FIGURE NO 21. US SADDLERY MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 22. US UPHOLSTERY MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 23. US HOLSTER MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 24. US TOOLING AND LEATHERCRAFT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 25. US AUTOMOTIVE MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 26. US BOVINE LEATHER GOODS MARKET REVENUE BY END- USER, 2016-2024 ($MILLION)
FIGURE NO 27. US GENERAL GOODS MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 28. US FOOTWEAR MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 29. US AUTOMOTIVE MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 30. US OTHERS BOVINE LEATHER GOODS MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 1. VALUE CHAIN ANALYSIS
FIGURE NO 2. FIVE FORCES ANALYSIS
FIGURE NO 3. MARKET PLAYER POSITIONING
FIGURE NO 4. INVESTMENT OPPORTUNITIES
FIGURE NO 5. KEY STRATEGIC ATTEMPTS (%SHARE)
FIGURE NO 6. US BOVINE LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
FIGURE NO 7. US SMALL/FANCY LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
FIGURE NO 8. US PURSE MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 9. US WALLET MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 10. US BELT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 11. US PASSPORT AND KEY CASE MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 12. US NOTE CASE MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 13. US ACCESSORIES AND OTHERS MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 14. GLOBAL MEDIUM LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
FIGURE NO 15. US LEATHER SHOES MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 16. US LEATHER SHOES MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 17. US SHOULDER BAGS MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 18 US DOCUMENT AND ATTACH CASES MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 19. US OTHER BOVINE LEATHER GOODS MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 20. US HEAVY LEATHER GOODS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION)
FIGURE NO 21. US SADDLERY MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 22. US UPHOLSTERY MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 23. US HOLSTER MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 24. US TOOLING AND LEATHERCRAFT MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 25. US AUTOMOTIVE MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 26. US BOVINE LEATHER GOODS MARKET REVENUE BY END- USER, 2016-2024 ($MILLION)
FIGURE NO 27. US GENERAL GOODS MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 28. US FOOTWEAR MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 29. US AUTOMOTIVE MARKET REVENUE, 2016-2024 ($MILLION)
FIGURE NO 30. US OTHERS BOVINE LEATHER GOODS MARKET REVENUE, 2016-2024 ($MILLION)
