The blooming industry of leather goods was is expected to create a business of almost 94.7 billion dollars by the end of 2020 with a CAGR 5% registration during the period if 2015-2020.
Leather Travel Goods industry caters the customers with top-notch, customized, and hand-sewn leather products such as luggage trolley bags, gadget carriers, passport wallets, and many other products. Leather Goods in Pakistan has emerged its creativity and expertise with beautifully carved and stitched ladies purses, gents wallets and unisex belts, footwear, and other customized leather products are also included in the leather goods segment.
The increase in living standards of human life has played a vital role in fostering the growth of the leather goods market all over the globe. The increasing trend growing disposable income, domestic, and international travel.
Leather Goods industry in Pakistan has evolved with a regular shift in latest and stylish leather goods according to the changing demand of consumers. Additionally which complies with the leather product manufacturers with ease and convenient leather good production on both national and international levels. The emerging figures in per capita income identify the consumer’s drift towards the premium and latest trends of leather goods.
The growth of the leather and leather goods market has anticipated a moderate rate based on various segments of the buying industry.