India Leather Goods Market Size, Share, Industry Trends, Growth Analysis & Report 2025-2033

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 witnessing significant momentum driven by evolving consumer lifestyles, premium fashion adoption, and the growing preference for durable accessories. Rising disposable incomes, especially among urban consumers, have enhanced demand for high-quality footwear, handbags, wallets, and luxury leather items. Moreover, global fashion brands are increasingly entering the Indian market, further influencing style-conscious buyers and reshaping purchase preferences. In addition, the e-commerce boom has provided consumers with easy access to branded and handcrafted leather goods, enabling both domestic and international players to strengthen their market presence.

Additionally, sustainability-focused trends are gaining attention, as eco-friendly tanning methods and ethically sourced raw materials are being adopted by manufacturers to appeal to environmentally aware customers. The market also reflects strong demand from the corporate and gifting sector, where leather accessories hold value as premium products. Moreover, traditional craftsmanship blended with modern designs is helping Indian artisans gain recognition across global markets, boosting exports. With rising fashion awareness in tier-II and tier-III cities, the India leather goods market is steadily diversifying, creating growth opportunities for both established brands and emerging players. This evolving landscape highlights how consumer preferences, retail expansion, and sustainability trends are shaping the industry’s future outlook.

India Leather Goods Market Scope and Growth Analysis:

The India leather goods market holds immense scope for growth due to its strong manufacturing base, skilled workforce, and expanding export potential. The country is one of the leading producers of leather and finished products, making it a global hub for leather goods manufacturing. Moreover, supportive government initiatives, such as funding for design development and training programs, are boosting industry competitiveness and export capabilities. In addition, domestic demand is rapidly increasing with rising urbanization and the influence of Western fashion trends, encouraging brands to expand their retail presence across the country. Additionally, luxury and premium segments are witnessing strong growth as consumers increasingly seek branded leather goods, creating opportunities for both international labels and Indian manufacturers.

Moreover, the expansion of digital platforms and direct-to-consumer strategies is helping brands reach a broader audience and strengthen customer loyalty. The sector’s growth is also fueled by India’s export advantages, as leather goods remain in high demand across Europe, North America, and the Middle East. In addition, continuous innovation in product designs and sustainable processes is further enhancing market potential. Overall, the India leather goods market is poised for sustained expansion, supported by favorable trade opportunities, rising consumer aspirations, and evolving retail strategies.

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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.

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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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