Middle East & Africa Luxury Leather Goods Market Size & Outlook
MEA luxury leather goods market highlights
- The MEA luxury leather goods market generated a revenue of USD 7,309.9 million in 2024.
- The market is expected to grow at a CAGR of 5.6% from 2025 to 2030.
- In terms of segment, luggage (travel bags & backpacks) was the largest revenue generating product in 2024.
- Luggage (Travel Bags & Backpacks) is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2024 | USD 7,309.9 million |
| Market revenue in 2030 | USD 10,133.8 million |
| Growth rate | 5.6% (CAGR from 2024 to 2030) |
| Largest segment | Luggage (travel bags & backpacks) |
| Fastest growing segment | Luggage (Travel Bags & Backpacks) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Luggage (Travel Bags & Backpacks) |
| Key market players worldwide | Armani Exchange, Burberry Group PLC, Prada SpA, Dolce & Gabbana |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.1% of the global luxury leather goods market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 39,143.5 million by 2030.
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Luxury Leather Goods Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Armani Exchange | View profile | 1001-5000 | New York, New York, United States, North America | http://www.armaniexchange.com/ |
| Dolce & Gabbana | View profile | 5001-10000 | Milan, Lombardia, Italy, Europe | https://www.dolcegabbana.com |
| Prada SpA | View profile | 14876 | Via Antonio Fogazzaro, 28, Milan, Italy, 20135 | https://www.pradagroup.com |
| Burberry Group PLC | View profile | 9336 | Horseferry Road, Horseferry House, London, United Kingdom, SW1P 2AW | https://www.burberryplc.com |
Middle East & Africa luxury leather goods market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to luxury leather goods market will help companies and investors design strategic landscapes.
Luggage (travel bags & backpacks) was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Middle East & Africa luxury leather goods market based on luggage (travel bags & backpacks) covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of luxury leather goods market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa luxury leather goods market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa luxury leather goods market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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