Now Reading
Luxury leather goods: global industry could reach $94 billion by 2028

Luxury leather goods: global industry could reach $94 billion by 2028

View Gallery

According to a recent report by Million Insights, the luxury handbag industry is expected to reach $94 billion by 2028.

The U.S. market research institute Million Insights has unveiled a report regarding the global luxury leather goods industry. By 2028, the sector could reach $94 billion. Indeed, the sector is expected to grow strongly, estimated at 5.3% annual growth for the next seven years.

 

See Also


This growth is explained by an increase in spending in the leather goods sector in certain economically emerging countries, such as China, thanks in particular to the emergence of new fortunes in the Middle Kingdom and the increase in the purchasing power of Chinese inhabitants.

 

 

[…]

Cet article est réservé aux abonnés.

Abonnez-vous dès maintenant !

Accédez en illimité à tous les articles et vivez une expérience de lecture inédite, contenus en avant première, newsletter exclusives…

Déjà un compte ? Connectez-vous.

Featured Photo : © Presse

What's Your Reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

COPYRIGHT 2021 LUXUS + ALL RIGHTS RESERVED

Scroll To Top