According to Technavio, the global leather handbags market size is estimated to grow by USD 8.5 billion from 2022 to 2027. The market is estimated to grow at a CAGR of 4.84%. Moreover, the growth momentum will accelerate. APAC (North America, Europe, South America, and Middle East and Africa) will account for 32% of the market's growth during the forecast period.
Within the framework of ILFS + EICI, organized by Acicam, the Ministry of Commerce, Industry and Tourism, through ProColombia, invited a delegation of 37 companies from Latin America and the Caribbean, to meet with about 150 Colombian exhibitors. [Mipymes de calzado y cuero buscarán nuevas exportaciones ... - El Nuevo Siglo]
With an uncertain economic outlook, digital brands are forced to make tough calls on whether to cut back on marketing at the expense of growth or continue to spend and accept lower profits. [What Happens When Digital Brands Have to Cut Back on ...- BoF]
LVMH (LVMH.PA), the world's largest luxury goods group, plans a new factory in Italy producing Louis Vuitton bags and other leather accessories, the Tuscany region said on Friday. (Source: Reuters)
Nearly 200 exhibitors from 10 countries took part in the three-day exhibitionto showcase their modern machinery, raw materials, chemicals and other services. The demand for machinery of non-leather footwear has increased sharply among local companies as the demand for synthetic products is rising among the young generation. [Non-leather footwear machinery becomes the focus at Leathertech - The Business Post - The Business Post]
How has the leather industry dealt with French Covid-19? What are the challenges that have emerged? How is the sector adapting to high inflation and changing consumption? So many issues on which the "DOSSIER ÉCONIMIQUE DE FILIÈRE FRANÇAISE DU CUIR POUR L'ANNÉE 2022" of the Observatoire Economique du Conseil National du Cuir (CNC), invites us to think.
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