The Europe Belts And Wallets Market would witness market growth of 7.1% CAGR during the forecast period (2022-2028).
Businesses are utilizing many leather substitutes, such as leather-like products made from paper, cork, waxed cotton, tree bark, recycled rubber, apple waste, pineapple waste, and mushrooms. Population growth and an increase in the amount of disposable cash available to people are two variables that are boosting demand for belts and wallets. These items' sales are also increasing globally because they are regarded as affordable, comfy, and useful.
As a result of the increased demand from wealthy consumers, major market participants are also offering cutting-edge and fashionable products. In order to provide possibilities for personalization and variety, manufacturers are integrating cutting-edge technology like automated cutting in their production processes. Nonetheless, the use of leather goods across the fashion industry is significantly influenced by the burgeoning ethical and sustainable fashion trends. Introducing bio-based leather, eventually replacing traditional leather items, is another trend-encouraging development.
Europe is a significant market for belts and wallets. Belts are the second most popular product category, behind carrying products. However, wallets are among the largest categories in the carrying products section. Additionally, in this region, the most specialized import markets and the most expensive per unit are in France and Italy. Germany, the United Kingdom, the Netherlands, and Spain are other major European markets for accessories like belts and wallets. Moreover, in the worldwide leather industry, the EU tanning sector is one of the biggest suppliers in the world. The EU supplies some of the most expensive calfskins regarding raw materials and leather. Most tanneries in the region are small to medium-sized businesses with a high regional concentration.
The Germany market dominated the Europe Belts And Wallets Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,921.3 Million by 2028. The UK market is anticipated to grow at a CAGR of 6.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 7.9% during (2022 - 2028).
Based on Material, the market is segmented into Leather and Non-Leather. Based on End User, the market is segmented into Men and Women. Based on Distribution Channel, the market is segmented into Offline and Online. Based on Product, the market is segmented into Belts and Wallets. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Belts and Wallets Market will Hit $32.7 Billion by 2028, at a CAGR of 7.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PUMA SE (Groupe Artémis S.A.), Levi Strauss and Co., Guccio Gucci S.p.A. (Kering group), Burberry Group PLC, Ralph Lauren Corporation, Tommy Hilfiger Licensing, LLC (PVH Corp.), Aditya Birla Fashion and Retail Limited (Aditya Birla Group), Titan Company (Tata Group), Marshal Wallet (ABC International) and Diesel Fashion India Reliance Pvt. Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Material
By End User
By Distribution Channel
By Product
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- PUMA SE (Groupe Artémis S.A.)
- Levi Strauss and Co.
- Guccio Gucci S.p.A. (Kering group)
- Burberry Group PLC
- Ralph Lauren Corporation
- Tommy Hilfiger Licensing, LLC (PVH Corp.)
- Aditya Birla Fashion and Retail Limited (Aditya Birla Group)
- Titan Company (Tata Group)
- Marshal Wallet (ABC International)
- Diesel Fashion India Reliance Pvt. Ltd.
TABLE 1 Europe Belts And Wallets Market, 2018 - 2021, USD Million
TABLE 2 Europe Belts And Wallets Market, 2022 - 2028, USD Million
TABLE 3 Europe Belts And Wallets Market by Material, 2018 - 2021, USD Million
TABLE 4 Europe Belts And Wallets Market by Material, 2022 - 2028, USD Million
TABLE 5 Europe Leather Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Leather Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Non-Leather Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Non-Leather Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Belts And Wallets Market by End-user, 2018 - 2021, USD Million
TABLE 10 Europe Belts And Wallets Market by End-user, 2022 - 2028, USD Million
TABLE 11 Europe Men Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Men Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Women Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Women Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Belts And Wallets Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 16 Europe Belts And Wallets Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 17 Europe Offline Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Offline Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Online Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Online Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Belts And Wallets Market by Product, 2018 - 2021, USD Million
TABLE 22 Europe Belts And Wallets Market by Product, 2022 - 2028, USD Million
TABLE 23 Europe Belts Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Belts Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Wallets Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Wallets Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Belts And Wallets Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Belts And Wallets Market by Country, 2022 - 2028, USD Million
TABLE 29 Germany Belts And Wallets Market, 2018 - 2021, USD Million
TABLE 30 Germany Belts And Wallets Market, 2022 - 2028, USD Million
TABLE 31 Germany Belts And Wallets Market by Material, 2018 - 2021, USD Million
TABLE 32 Germany Belts And Wallets Market by Material, 2022 - 2028, USD Million
TABLE 33 Germany Belts And Wallets Market by End-user, 2018 - 2021, USD Million
TABLE 34 Germany Belts And Wallets Market by End-user, 2022 - 2028, USD Million
TABLE 35 Germany Belts And Wallets Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 36 Germany Belts And Wallets Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 37 Germany Belts And Wallets Market by Product, 2018 - 2021, USD Million
TABLE 38 Germany Belts And Wallets Market by Product, 2022 - 2028, USD Million
TABLE 39 UK Belts And Wallets Market, 2018 - 2021, USD Million
TABLE 40 UK Belts And Wallets Market, 2022 - 2028, USD Million
TABLE 41 UK Belts And Wallets Market by Material, 2018 - 2021, USD Million
TABLE 42 UK Belts And Wallets Market by Material, 2022 - 2028, USD Million
TABLE 43 UK Belts And Wallets Market by End-user, 2018 - 2021, USD Million
TABLE 44 UK Belts And Wallets Market by End-user, 2022 - 2028, USD Million
TABLE 45 UK Belts And Wallets Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 UK Belts And Wallets Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 UK Belts And Wallets Market by Product, 2018 - 2021, USD Million
TABLE 48 UK Belts And Wallets Market by Product, 2022 - 2028, USD Million
TABLE 49 France Belts And Wallets Market, 2018 - 2021, USD Million
TABLE 50 France Belts And Wallets Market, 2022 - 2028, USD Million
TABLE 51 France Belts And Wallets Market by Material, 2018 - 2021, USD Million
TABLE 52 France Belts And Wallets Market by Material, 2022 - 2028, USD Million
TABLE 53 France Belts And Wallets Market by End-user, 2018 - 2021, USD Million
TABLE 54 France Belts And Wallets Market by End-user, 2022 - 2028, USD Million
TABLE 55 France Belts And Wallets Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 56 France Belts And Wallets Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 57 France Belts And Wallets Market by Product, 2018 - 2021, USD Million
TABLE 58 France Belts And Wallets Market by Product, 2022 - 2028, USD Million
TABLE 59 Russia Belts And Wallets Market, 2018 - 2021, USD Million
TABLE 60 Russia Belts And Wallets Market, 2022 - 2028, USD Million
TABLE 61 Russia Belts And Wallets Market by Material, 2018 - 2021, USD Million
TABLE 62 Russia Belts And Wallets Market by Material, 2022 - 2028, USD Million
TABLE 63 Russia Belts And Wallets Market by End-user, 2018 - 2021, USD Million
TABLE 64 Russia Belts And Wallets Market by End-user, 2022 - 2028, USD Million
TABLE 65 Russia Belts And Wallets Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 66 Russia Belts And Wallets Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 67 Russia Belts And Wallets Market by Product, 2018 - 2021, USD Million
TABLE 68 Russia Belts And Wallets Market by Product, 2022 - 2028, USD Million
TABLE 69 Spain Belts And Wallets Market, 2018 - 2021, USD Million
TABLE 70 Spain Belts And Wallets Market, 2022 - 2028, USD Million
TABLE 71 Spain Belts And Wallets Market by Material, 2018 - 2021, USD Million
TABLE 72 Spain Belts And Wallets Market by Material, 2022 - 2028, USD Million
TABLE 73 Spain Belts And Wallets Market by End-user, 2018 - 2021, USD Million
TABLE 74 Spain Belts And Wallets Market by End-user, 2022 - 2028, USD Million
TABLE 75 Spain Belts And Wallets Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 76 Spain Belts And Wallets Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 77 Spain Belts And Wallets Market by Product, 2018 - 2021, USD Million
TABLE 78 Spain Belts And Wallets Market by Product, 2022 - 2028, USD Million
TABLE 79 Italy Belts And Wallets Market, 2018 - 2021, USD Million
TABLE 80 Italy Belts And Wallets Market, 2022 - 2028, USD Million
TABLE 81 Italy Belts And Wallets Market by Material, 2018 - 2021, USD Million
TABLE 82 Italy Belts And Wallets Market by Material, 2022 - 2028, USD Million
TABLE 83 Italy Belts And Wallets Market by End-user, 2018 - 2021, USD Million
TABLE 84 Italy Belts And Wallets Market by End-user, 2022 - 2028, USD Million
TABLE 85 Italy Belts And Wallets Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 86 Italy Belts And Wallets Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 87 Italy Belts And Wallets Market by Product, 2018 - 2021, USD Million
TABLE 88 Italy Belts And Wallets Market by Product, 2022 - 2028, USD Million
TABLE 89 Rest of Europe Belts And Wallets Market, 2018 - 2021, USD Million
TABLE 90 Rest of Europe Belts And Wallets Market, 2022 - 2028, USD Million
TABLE 91 Rest of Europe Belts And Wallets Market by Material, 2018 - 2021, USD Million
TABLE 92 Rest of Europe Belts And Wallets Market by Material, 2022 - 2028, USD Million
TABLE 93 Rest of Europe Belts And Wallets Market by End-user, 2018 - 2021, USD Million
TABLE 94 Rest of Europe Belts And Wallets Market by End-user, 2022 - 2028, USD Million
TABLE 95 Rest of Europe Belts And Wallets Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 96 Rest of Europe Belts And Wallets Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 97 Rest of Europe Belts And Wallets Market by Product, 2018 - 2021, USD Million
TABLE 98 Rest of Europe Belts And Wallets Market by Product, 2022 - 2028, USD Million
TABLE 99 Key information – PUMA SE
TABLE 100 Key Information – Levi Strauss and Co.
TABLE 101 Key Information – Guccio Gucci S.p.A.
TABLE 102 Key Information –Burberry Group PLC
TABLE 103 key Information – Ralph Lauren Corporation
TABLE 104 Key Information – Tommy Hilfiger licensing, LLC
TABLE 105 Key Information – Aditya Birla Fashion and Retail Limited
TABLE 106 Key Information – Titan Company LimITED
TABLE 107 Key Information – Marshal Wallet
TABLE 108 Key Information – Diesel Fashion India Reliance Pvt. Ltd.
List of Figures
FIG 1 Methodology for the research