The Business Research Company’s latest report Leather And Allied Products Global Market Report 2020 covers Leather And Allied Products market drivers, Leather And Allied Products market trends, Leather And Allied Products market segments, Leather And Allied Products market growth rate, Leather And Allied Products market major players, and Leather And Allied Products market size. The report provides in-depth analysis of the impact of COVID-19 on the Leather And Allied Products industry, along with revised market numbers due to the effects of the coronavirus.
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Leather And Allied 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 leather and allied products market is expected to decline from $355.9 billion in 2019 to $351 billion in 2020 at a compound annual growth rate (CAGR) of -1.4%. 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 9% from 2021 and reach $444.5 billion in 2023.
The report covers the Leather And Allied Products market’s segments-
1) By Type: Leather Footwear, Non-Leather Footwear, Leather Luggage, Handbags And Other Goods, Non-Leather Luggage, Hand Bags And Other Goods, Leather Tanning
2) By Application: Automotive, Furniture, Consumer Goods
3) By Type Of Leather: Top-Grain Leather, Split Leather, Patent Leather, Bonded Leather
4) By Distribution Channel: Retail Stores, Online Stores.
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