U.S. LEATHER GOODS & LUGGAGE MARKET POISED FOR RAPID GROWTH: FORECAST TO HIT $85.4 B BY 2032
A new market analysis by P&S Intelligence, reveals that the U.S. leather goods and luggage market is on track to grow from US $52.2 billion in 2024 to an impressive US $85.4 billion by 2032, expanding at a robust CAGR of 6.5% from 2025 to 2032. Download free Report Sample Now Market Drivers & Dynamics Growing Disposable Incomes & Fashion Consciousness – Rising earnings, coupled with increased fashion awareness, are fueling demand for premium leather accessories such as handbags, footwear, and smart luggage. Travel Boom & E-commerce Expansion – The surge in travel and digital retail platforms is rapidly broadening consumer reach and accessibility of luxury and affordable leather products. Sustainability & Innovation – Rising eco-sensitivity is sparking adoption of sustainable materials like vegan leather and plant-based tannins. Tech-enabled luggage features—GPS tracking, USB charging, security ...