The global leather wallet market is expected to witness 7.5% CAGR by 2025. The leather wallet is a small, flat case used for carrying personal items like credit and debit cards, photographs, identification documents, business cards, transit pass, and the other paper documents. These days, leather wallets are looked upon as a status symbol. Plus, innovative designs are keeping the key players on the toes.
Growing Popularity of Leather Wallets in Elite Population Supplements The Market Growth
Leather wallets are gaining popularity due to leather being crack-proof, dustproof, fireproof, and durable. Also, increasing expenditure on luxury products and rise in disposable income are expected to drive the market further. Besides, the fact that people are vying for distinct wardrobe collections like wallets of distinct brands and colors is the other key factor revolutionizing the market.
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At the same time, preference for e-wallets in wake of outbreak of Covid-19 has hampered the leather wallet market since Mar 2020. This scenario does persist even now, and is likely to improve once the vaccination drive is “full-on”. The market is expected to bounce back till Jul 2021, when almost the entire world is expected to get vaccinated.
The leather wallet market, by product, spans leather card case wallet, leather trifold wallet, leather front pocket wallet, leather bifold market, and others.
By application, the market says women and men. Out of these, leather card case wallet holds the largest market share, more so as people prefer plastic money these days. So card payment is rampant. By distribution channel, the market says offline and online. Right now, the online segment is dominating with the upswing of digital technology. The offline segment includes specialty stores, hypermarkets, and retail stores.
By type of leather, there are bovine leather and exotic leather. The former one – better known as “full-grain calf leather” is used as it has buttery soft feel along with durability. Making use of full-grain luxury leather in place of top-grain leather implies that leather does have tighter grain, is more resistant to water, and takes an eye-catching patina over the period of time. Luxury leather stands out from usual leather due to the patina.
Exotic leather implies leather made out of python, lizard, and crocodile. The other animals included of late are wolf-fish, zander, and salmon. People generally mistake fish leather for snake or lizard owing to the texture and look. Fish leather has an advantage of being eco-friendly.
The best possible edging regarding fine luxury leather wallet is “Turned Edge”. The other kinds of edging are inclusive of raw edge, burnished edge, and edge coated raw edge. Plus, there should be creases for accentuating linear features on wallet, usually below credit card slots accompanied with outer borders of individual leather panels. Permanent crease/linear indenation in created in leather, after being effected with hot iron.
These aesthetic levels are being worked upon by the key players, which is expected to add to the grandeur of the leather wallet market. Also, people are asking for multiple features like floral designs or even modern art. The millennials are there to look for these features. These factors are expected to keep the momentum of the leather wallet market between 2020 and 2030.
By geography, the leather wallet market includes North America (US, Canada), Europe (Germany, UK, France, Spain, Italy, and the Rest of Europe), the Asia-Pacific (Japan, China, Australia, India, South Korea, and the rest of Asia-Pacific), LATAM (Mexico, Brazil, Argentina, and the rest of LATAM), and MEA (Saudi Arabia, South Africa, and the rest of MEA).
North America to Retain a Significant Share
North America dominates the leather wallet market, followed by Europe. This could be attributed to people having a fetish for trendy products along with the fact that the fashion capital of the world is located in Europe.
Of late, the Asia-Pacific is also witnessing an increasing investment in fashionable and luxury products. In other words, the Asia-Pacific is expected to create ripples in the leather wallet market in terms of revenue generation. LATAM and MEA are also expected to catch up with the fashion industry spreading its wings far and wide.
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The key market participants include Gucci, Bally, Dunhill, Burberry, MiuMiu, Bosca, Prada, Saddleback Leather, Fendi, Hugo Boss, Donna Karan International, Dolce & Gabbana, Calleen Cordero, Hermes International, Bottega Venetaaa, Changshu Maydiang, Giordano Fashions. These players are expected to come up with various combinations of materials for making wallets (leather being the principal one) to strengthen their loyal customer base and gain new prospects. It is the era of “cut above the rest” products. The players are putting their best foot forward.
1 Leather Wallet Market Overview
1.1 Leather Wallet Product Overview
1.2 Leather Wallet Market Segment by Type
1.2.1 Bifold Wallets
1.2.2 Trifold Wallets
1.3 Global Leather Wallet Market Size by Type
1.3.1 Global Leather Wallet Market Size Overview by Type (2017-2027)
1.3.2 Global Leather Wallet Historic Market Size Review by Type (2017-2020)
1.3.2.1 Global Leather Wallet Sales Breakdown in Volume by Type (2017-2020)
1.3.2.2 Global Leather Wallet Sales Breakdown in Value by Type (2017-2020)
1.3.2.3 Global Leather Wallet Average Selling Price (ASP) by Type (2017-2020)
1.3.3 Global Leather Wallet Forecasted Market Size by Type (2021-2027)
1.3.3.1 Global Leather Wallet Sales Breakdown in Volume by Type (2021-2027)
1.3.3.2 Global Leather Wallet Sales Breakdown in Value by Type (2021-2027)
1.3.3.3 Global Leather Wallet Average Selling Price (ASP) by Type (2021-2027)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Leather Wallet Sales Breakdown by Type (2017-2020)
1.4.2 Europe Leather Wallet Sales Breakdown by Type (2017-2020)
1.4.3 Asia-Pacific Leather Wallet Sales Breakdown by Type (2017-2020)
1.4.4 Latin America Leather Wallet Sales Breakdown by Type (2017-2020)
1.4.5 Middle East and Africa Leather Wallet Sales Breakdown by Type (2017-2020)
2 Global Leather Wallet Market Competition by Company
2.1 Global Top Players by Leather Wallet Sales (2017-2020)
2.2 Global Top Players by Leather Wallet Revenue (2017-2020)
2.3 Global Top Players Leather Wallet Price (2017-2020)
2.4 Global Top Manufacturers Leather Wallet Manufacturing Base Distribution, Sales Area, Product Type
2.5 Leather Wallet Market Competitive Situation and Trends
2.5.1 Leather Wallet Market Concentration Rate (2017-2020)
2.5.2 Global 5 and 10 Largest Manufacturers by Leather Wallet Sales and Revenue in 2020
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Leather Wallet as of 2020)
2.7 Date of Key Manufacturers Enter into Leather Wallet Market
2.8 Key Manufacturers Leather Wallet Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Leather Wallet Status and Outlook by Region
3.1 Global Leather Wallet Market Size and CAGR by Region: 2017 VS 2021 VS 2027
3.2 Global Leather Wallet Historic Market Size by Region
3.2.1 Global Leather Wallet Sales in Volume by Region (2017-2020)
3.2.2 Global Leather Wallet Sales in Value by Region (2017-2020)
3.2.3 Global Leather Wallet Sales (Volume & Value) Price and Gross Margin (2017-2020)
3.3 Global Leather Wallet Forecasted Market Size by Region
3.3.1 Global Leather Wallet Sales in Volume by Region (2021-2027)
3.3.2 Global Leather Wallet Sales in Value by Region (2021-2027)
3.3.3 Global Leather Wallet Sales (Volume & Value), Price and Gross Margin (2021-2027)
4 Global Leather Wallet by Application
4.1 Leather Wallet Market Segment by Application
4.1.1 Men
4.1.2 Women
4.2 Global Leather Wallet Market Size by Application
4.2.1 Global Leather Wallet Market Size Overview by Application (2017-2027)
4.2.2 Global Leather Wallet Historic Market Size Review by Application (2017-2020)
4.2.2.1 Global Leather Wallet Sales Breakdown in Volume, by Application (2017-2020)
4.2.2.2 Global Leather Wallet Sales Breakdown in Value, by Application (2017-2020)
4.2.2.3 Global Leather Wallet Average Selling Price (ASP) by Application (2017-2020)
4.2.3 Global Leather Wallet Forecasted Market Size by Application (2021-2027)
4.2.3.1 Global Leather Wallet Sales Breakdown in Volume, by Application (2021-2027)
4.2.3.2 Global Leather Wallet Sales Breakdown in Value, by Application (2021-2027)
4.2.3.3 Global Leather Wallet Average Selling Price (ASP) by Application (2021-2027)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Leather Wallet Sales Breakdown by Application (2017-2020)
4.3.2 Europe Leather Wallet Sales Breakdown by Application (2017-2020)
4.3.3 Asia-Pacific Leather Wallet Sales Breakdown by Application (2017-2020)
4.3.4 Latin America Leather Wallet Sales Breakdown by Application (2017-2020)
4.3.5 Middle East and Africa Leather Wallet Sales Breakdown by Application (2017-2020)
5 North America Leather Wallet by Country
5.1 North America Leather Wallet Historic Market Size by Country
5.1.1 North America Leather Wallet Sales in Volume by Country (2017-2020)
5.1.2 North America Leather Wallet Sales in Value by Country (2017-2020)
5.2 North America Leather Wallet Forecasted Market Size by Country
5.2.1 North America Leather Wallet Sales in Volume by Country (2021-2027)
5.2.2 North America Leather Wallet Sales in Value by Country (2021-2027)
6 Europe Leather Wallet by Country
6.1 Europe Leather Wallet Historic Market Size by Country
6.1.1 Europe Leather Wallet Sales in Volume by Country (2017-2020)
6.1.2 Europe Leather Wallet Sales in Value by Country (2017-2020)
6.2 Europe Leather Wallet Forecasted Market Size by Country
6.2.1 Europe Leather Wallet Sales in Volume by Country (2021-2027)
6.2.2 Europe Leather Wallet Sales in Value by Country (2021-2027)
7 Asia-Pacific Leather Wallet by Region
7.1 Asia-Pacific Leather Wallet Historic Market Size by Region
7.1.1 Asia-Pacific Leather Wallet Sales in Volume by Region (2017-2020)
7.1.2 Asia-Pacific Leather Wallet Sales in Value by Region (2017-2020)
7.2 Asia-Pacific Leather Wallet Forecasted Market Size by Region
7.2.1 Asia-Pacific Leather Wallet Sales in Volume by Region (2021-2027)
7.2.2 Asia-Pacific Leather Wallet Sales in Value by Region (2021-2027)
8 Latin America Leather Wallet by Country
8.1 Latin America Leather Wallet Historic Market Size by Country
8.1.1 Latin America Leather Wallet Sales in Volume by Country (2017-2020)
8.1.2 Latin America Leather Wallet Sales in Value by Country (2017-2020)
8.2 Latin America Leather Wallet Forecasted Market Size by Country
8.2.1 Latin America Leather Wallet Sales in Volume by Country (2021-2027)
8.2.2 Latin America Leather Wallet Sales in Value by Country (2021-2027)
9 Middle East and Africa Leather Wallet by Country
9.1 Middle East and Africa Leather Wallet Historic Market Size by Country
9.1.1 Middle East and Africa Leather Wallet Sales in Volume by Country (2017-2020)
9.1.2 Middle East and Africa Leather Wallet Sales in Value by Country (2017-2020)
9.2 Middle East and Africa Leather Wallet Forecasted Market Size by Country
9.2.1 Middle East and Africa Leather Wallet Sales in Volume by Country (2021-2027)
9.2.2 Middle East and Africa Leather Wallet Sales in Value by Country (2021-2027)
10 Company Profiles and Key Figures in Leather Wallet Business
10.1 BURBERRY
10.1.1 BURBERRY Corporation Information
10.1.2 BURBERRY Introduction and Business Overview
10.1.3 BURBERRY Leather Wallet Sales, Revenue and Gross Margin (2017-2020)
10.1.4 BURBERRY Leather Wallet Products Offered
10.1.5 BURBERRY Recent Development
10.2 FENDI
10.2.1 FENDI Corporation Information
10.2.2 FENDI Introduction and Business Overview
10.2.3 FENDI Leather Wallet Sales, Revenue and Gross Margin (2017-2020)
10.2.4 BURBERRY Leather Wallet Products Offered
10.2.5 FENDI Recent Development
10.3 Bally
10.3.1 Bally Corporation Information
10.3.2 Bally Introduction and Business Overview
10.3.3 Bally Leather Wallet Sales, Revenue and Gross Margin (2017-2020)
10.3.4 Bally Leather Wallet Products Offered
10.3.5 Bally Recent Development
10.4 Dunhill
10.4.1 Dunhill Corporation Information
10.4.2 Dunhill Introduction and Business Overview
10.4.3 Dunhill Leather Wallet Sales, Revenue and Gross Margin (2017-2020)
10.4.4 Dunhill Leather Wallet Products Offered
10.4.5 Dunhill Recent Development
10.5 GUCCI
10.5.1 GUCCI Corporation Information
10.5.2 GUCCI Introduction and Business Overview
10.5.3 GUCCI Leather Wallet Sales, Revenue and Gross Margin (2017-2020)
10.5.4 GUCCI Leather Wallet Products Offered
10.5.5 GUCCI Recent Development
10.6 HUGO BOSS
10.6.1 HUGO BOSS Corporation Information
10.6.2 HUGO BOSS Introduction and Business Overview
10.6.3 HUGO BOSS Leather Wallet Sales, Revenue and Gross Margin (2017-2020)
10.6.4 HUGO BOSS Leather Wallet Products Offered
10.6.5 HUGO BOSS Recent Development
10.7 MiuMiu
10.7.1 MiuMiu Corporation Information
10.7.2 MiuMiu Introduction and Business Overview
10.7.3 MiuMiu Leather Wallet Sales, Revenue and Gross Margin (2017-2020)
10.7.4 MiuMiu Leather Wallet Products Offered
10.7.5 MiuMiu Recent Development
10.8 BOTTEGA VENETA
10.8.1 BOTTEGA VENETA Corporation Information
10.8.2 BOTTEGA VENETA Introduction and Business Overview
10.8.3 BOTTEGA VENETA Leather Wallet Sales, Revenue and Gross Margin (2017-2020)
10.8.4 BOTTEGA VENETA Leather Wallet Products Offered
10.8.5 BOTTEGA VENETA Recent Development
10.9 PRADA
10.9.1 PRADA Corporation Information
10.9.2 PRADA Introduction and Business Overview
10.9.3 PRADA Leather Wallet Sales, Revenue and Gross Margin (2017-2020)
10.9.4 PRADA Leather Wallet Products Offered
10.9.5 PRADA Recent Development
10.10 FOSSIL
10.10.1 Company Basic Information, Manufacturing Base and Competitors
10.10.2 Leather Wallet Product Category, Application and Specification
10.10.3 FOSSIL Leather Wallet Sales, Revenue, Price and Gross Margin (2017-2020)
10.10.4 Main Business Overview
10.10.5 FOSSIL Recent Development
10.11 BOSCA
10.11.1 BOSCA Corporation Information
10.11.2 BOSCA Introduction and Business Overview
10.11.3 BOSCA Leather Wallet Sales, Revenue and Gross Margin (2017-2020)
10.11.4 BOSCA Leather Wallet Products Offered
10.11.5 BOSCA Recent Development
10.12 Saddleback Leather
10.12.1 Saddleback Leather Corporation Information
10.12.2 Saddleback Leather Introduction and Business Overview
10.12.3 Saddleback Leather Leather Wallet Sales, Revenue and Gross Margin (2017-2020)
10.12.4 Saddleback Leather Leather Wallet Products Offered
10.12.5 Saddleback Leather Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Leather Wallet Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Leather Wallet Industrial Chain Analysis
11.4 Leather Wallet Market Dynamics
11.4.1 Industry Trends
11.4.2 Market Drivers
11.4.3 Market Challenges
11.4.4 Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Leather Wallet Distributors
12.3 Leather Wallet Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
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