The Business Research Company’s latest report Apparel And Leather Products Global Market Report 2020 covers Apparel And Leather Products market drivers, Apparel And Leather Products market trends, Apparel And Leather Products market segments, Apparel And Leather Products market growth rate, Apparel And Leather Products market major players, and Apparel And Leather Products market size. The report provides in-depth analysis of the impact of COVID-19 on the Apparel And Leather Products industry, along with revised market numbers due to the effects of the coronavirus.
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Apparel And Leather Products Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global apparel and leather products market is expected to decline from $1028.2 billion in 2019 to $1010.7 billion in 2020 at a compound annual growth rate (CAGR) of -1.8%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $1254.2 billion in 2023.
The global apparel and leather products market is segmented by type into leather and allied products, apparel manufacturing. Subsegments covered are leather footwear, non-leather footwear, leather luggage, handbags and other goods, non-leather luggage, handbags and other goods, leather tanning, women’s wear, men’s wear, kids wear.
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