The dominating nature of this product at present is all because of its good quality and longer shelf life which ensures comfortability of the user. Retailers and fashion designers right now are getting more involved in this product to produce more of its kind to balance the globally growing demands. The sturdy and tough nature of the leather material makes it durable and stress-resistant making it a reliable choice for the users.

Due to its popularity among different industries and its globally increasing demands, the total global trade value of this globally sought commodity has stood up at a point of 90 billion US dollars in 2023 with a growth rate of 5% from the previous year. The detailed analysis of the leather bags market statistics has shown that the import value has recorded a staggering rate of 70 billion US dollars.

Summary of Leather Bags Import 2023

• Top producing company – Louis Vuitton
• Growth rate of import – 5% CAGR
• Total trade value – 90 billion US dollars
• Total import value – 70 billion US dollars

Top 10 Importers of Leather Bags in 2023

Due to the globally increasing demands, the individual domestic demands of leather bags in different countries have been also increasing for which the top traders are importing more to balance the consumption rate. As per the Leather Bags Import Data, the top 10 importers of the product in 2023 with its trade values are discussed below,

1. United States – According to the USA Import Data, the valuation of leather bags imported in 2023 – 12 billion US dollars.

2. Germany – According to the Germany Import Data, the valuation of leather bags imported in 2023 – 8 billion US dollars.

3. France – According to the France Import Data, the valuation of leather bags imported in 2023 – 6 billion US dollars.

4. United Kingdom – According to the United Kingdom Import Data, the valuation of leather bags imported in 2023 – 5 billion US dollars.

5. Brazil – According to the Brazil Import Data, the valuation of leather bags imported in 2023 – 4 billion US dollars.

6. Italy – According to the Italy Import Data, the valuation of leather bags imported in 2023 – 3 billion US dollars.

7. Japan – According to the Japan Import Data, the valuation of leather bags imported in 2023 – 2.8 billion US dollars.

8. Spain – According to the Spain Import Data, the valuation of leather bags imported in 2023 – 2.5 billion US dollars.

9. Netherlands – According to the Netherlands Import Data, the valuation of leather bags imported in 2023 – 1.5 billion US dollars.

10. China – According to the China Import Data, the valuation of leather bags imported in 2023 – 1 billion US dollars.

Top Global Producers of Leather Bags

To maintain the global consumption rate of leather bags, some of the top fashion industries have started producing more of their kind. According to the Leather Bags Trade Data, the valuation of the products manufactured by the top producing companies are discussed below,

1. Louis Vuitton – Valuation of the manufactured products – 18 billion US dollars

Variations in production

• Monogram Canvas Bags
• Epi Leather Bags
• Damier Ebene Bags
• Capucines Leather Bags
• Monogram Empreinte Leather Bags

2. Gucci – Valuation of the manufactured products – 12 billion US dollars

Variations in production

• The Iconic GG Marmont Bag
• The Soho Leather Disco Bag
• The Dionysus Shoulder Bag
• The Sylvie Top Handle Bag
• The Zumi Tote Bag

3. Coach – Valuation of the manufactured products – 9 billion US dollars

Variations in production

• Tote Bags
• Crossbody Bags
• Satchel Bags
• Backpacks
• Into-the-Shoulder Bag

4. Prada – Valuation of the manufactured products - 8 billion US dollars

Variations in production

• Saffiano Leather Bags
• Nappa Leather Bags
• Vitello Daino Leather Bags
• Cervo Antik Leather Bags
• Ostrich Leather Bags

5. Hermès – Valuation of the manufactured products – 7 billion US dollars

Variations in production

• Birkin Bag
• Kelly Bag
• Constance Bag
• Garden Party Bag
• Lindy Bag

6. Michael Kors – Valuation of the manufactured products – 6 billion US dollars

Variations in production

• Tote Bags
• Crossbody Bags
• Satchel Bags
• Backpacks
• Clutch Bags

7. Fendi – Valuation of the manufactured products – 5 billion US dollars

Variations in production

• The Iconic Baguette Bag
• The Timeless Peekaboo Bag
• The Functional Belt Bag
• The Chic Kan I Bag
• The Roomy Dotcom Bag

8. Burberry – Valuation of the manufactured products – 4 billion US dollars

Variations in production

• The Classic Tote Bag
• The Saddle Bag
• The Bucket Bag
• The Crossbody Bag
• The Satchel Bag

9. Céline – Valuation of the manufactured products – 3 billion US dollars

Variations in production

• Classic Box Bag
• Trapeze Bag
• Trio Bag
• Young Teen Crossbody Bag
• C Luggage Bag

10. Chloé – Valuation of the manufactured products – 2 billion US dollars

Variations in production

• Crossbody Bags
• Shoulder Bags
• Backpacks
• lutches
• Wallets

Global Leather Bags Import Statistics for the Last 10 Years

• Global import value of leather bags in 2013 – 22.7 billion US dollars

• Global import value of leather bags in 2014 – 26.6 billion US dollars

• Global import value of leather bags in 2015 – 49 billion US dollars

• Global import value of leather bags in 2016 – 32 billion US dollars

• Global import value of leather bags in 2017 – 50 billion US dollars

• Global import value of leather bags in 2018 – 40.3 billion US dollars

• Global import value of leather bags in 2019 – 55 billion US dollars

• Global import value of leather bags in 2020 – 58 billion US dollars

• Global import value of leather bags in 2021 - 42 billion US dollars

• Global import value of leather bags in 2022 – 59 billion US dollars

FAQ’s

Que. Who is the top producer of leather bags in 2023?
Ans. Louis Vuitton is the top producer of leather bags in 2023.

Que. What is the total global trade value of leather bags in 2023?
Ans. The total global trade value of leather bags in 2023 is 90 billion US dollars.

Que. Where can you get the detailed trade analysis of leather bags in 2023?
Ans. At Import Globals, you can get a detailed trade analysis of leather bags in 2023.

www.importglobals.com ; info@importglobals.com