From beach bags to handbags, leathergoods retailers have experienced decreasing sales over the past five years. Falling by 2.1% per annum, revenue has been affected by strong competition from external players such as department stores and duty-free stores. The expanding product range offered by department stores and their ability to offer competitive pricing and regular promotional deals have created a difficult environment for leather retailers. Similarly, growth in airline travel created added incentive for consumers to purchase leather travel luggage directly from duty-free stores.
Leathergoods retailers sell a broad range of leather goods including compendiums, brief cases, attache cases, pilot cases, overnight cases, purses and wallets. However leather apparel is excluded from this industry. These products are purchased from domestic or international wholesalers and then retailed through stores to consumers for private use.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.