Technological advances in the field of wireless technologies have enabled leather product manufacturers to integrate wearable technology into their products. Leading fashion designers are partnering with technology firms to produce trendy wearables and luxury products as the market is adopting this concept broadly.
THE BUSINESS RESEARCH COMPANY EXPECTS THE LEATHER AND ALLIED PRODUCTS MARKET TO GROW TO NEARLY $680 BILLION BY 2021
Asia Pacific was the largest region in the leather and allied products market in 2017, accounting for more than one-third of the market share. This was mainly due to high disposable income, thereby fuelling the demand for leather products.
The chart below shows the year-on-year growth of the global leather and allied products market during 2017-2021
According to The Business Research Company’s Consultant, Nitin Gianchandani, leather manufacturers are using big data to keep a track of internal and external costs, efficiencies of resources and to monitor carbon emissions and waste discharge. They are keeping track of these parameters to avoid long term negative impact of manufacturing on the environment.
Download a sample of the report at:
NIKE Inc. was the largest player in the leather and allied products market in 2017, with revenues of $20 billion in 2016. Nike’s growth strategy aims at building strategic partnerships focus on strengthening its position in global apparel and footwear market.
Leather and allied product manufacturing establishments are engaged in the tanning or curing of hide into leather and using it in the manufacture of footwear, handbags, purse and other leather products. It also includes the manufacture of similar products with substitute materials such as plastics, rubber or textiles.
Leather And Allied Products Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
About The Business Research Company:
Visit TheBusinessResearchCompany.com, mail [email protected] or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.
The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.
The Business Research Company’s management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world’s largest organizations.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: [email protected]