Men Leather Shoes Market

Global Men Leather Shoes Market Size (2024 to 2029)

The global men leather shoes market is expected to be worth USD 71.09 billion by 2029 from USD 56.24 billion in 2024, growing at a CAGR of 4.8% from 2024 to 2029.

Current Scenario of the Global Men Leather Shoes Market

Footwear refers to the clothing worn on the feet to protect the user from environmental risks such as ground roughness and temperature. As a result, shoes are primarily employed to aid mobility and protect against harm. Footwear can be used for fashion and decoration, as well as to display a person's social standing or rank. Leather, rubber, wood, plastic, and canvas are some of the most common materials used in footwear. Rubber and leather are the most common materials used in modern footwear. Leather has been the most popular shoe material for ages because it was always readily accessible. Because leather shoes offer inherent properties such as dustproof, fireproof, crack-proof, and durability, they are in high demand. Leather remains the greatest material for shoes due to its outstanding characteristics. Leather shoes come in a wide range of colors and textures. Suede, nubuck, and aniline leather are three types of leather that are exceedingly fragile and difficult to preserve. These permeable leathers are extremely fragile! The rising demand for footwear has witnessed extraordinarily considerable expansion in metropolitan areas, where comparably bigger working populations of affluent contemporary and fashion-conscious customers, notably millennials, seek easy fashion trends.

MARKET DRIVERS

Leather shoes are typically considered a high-end item. One of the key driving reasons expected to benefit the leather footwear business is increased customer income. People's lifestyles are improving as consumer expenditure rises. As the working-class population grows, demand for formal shoes, particularly those made of leather, is expected to rise significantly. Consumer expenditure on fashion accessories is intimately tied to the market for men's leather shoes. As a result of the expanding importance of social media, the sector is being pushed by significant growth in expenditure on fashion accessories. Recent changes in consumer buying habits, as well as an increased inclination to purchase high-end and designer shoes, are predicted to drive the trend. The need for attractive, sophisticated, and comfortable footwear is driving demand.

Individuals are adopting new trends, leading to greater demand for shoe kinds, designs, textures, and cuts, propelling new and existing companies forward. Another trend in this industry is the growing affluence of developing nations such as India, which is driving global companies to enter the retail sector. The emergence of the made-to-order culture may be witnessed in these countries. As the demand for flexible and lightweight products rises at a rapid rate, several advances and technical improvements are helping to boost product demand. Leather footwear is more popular among customers because of its high level of durability and ability to be used both indoors and outdoors.

MARKET RESTRAINTS

The restraining factors that are restricting the growth of the Global Men's Leather shoe Market are, On average, leather footwear costs more than other forms of footwear, which is a major hurdle in cost-conscious countries. Consumers who are worried about animal slaughter and aware of animal ethics and rights are also stifling growth.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Men Leather Shoes Market By Type

There are several "grades" of leather. Patent leather has a high-gloss appearance and is a form of coated leather. Full-grain leather is the highest-grade leather available, ranking first among all leathers. Full-grain leather is a durable material that will age beautifully and endure for years if properly cared for. Top-grain leather is more consistent, less durable, and thinner. Because of its softness and comfort, suede is a popular type of shoe leather.

Global Men Leather Shoes Market By Distribution Channel

The Increased sales of footwear through multiple distribution channels, as well as the growing importance of internet distribution, are fueling the development of footwear in emerging nations. Online channels have a smaller market share than offline channels. As part of their customer engagement strategy, developed nations have many fashion retailers with well-organized product selections on iPads or interactive shelves. Furthermore, an increase in customer acceptance of online shopping is enhancing possibilities for online footwear sales in the region.

REGIONAL ANALYSIS

Rising demand in growing countries like India and China is propelling the Asia Pacific forward. One of the most significant market trends in the leather footwear industry in China and other Asian nations is becoming increasingly reliant on the local market rather than exports as a result of new manufacturing hubs. Across the Asia Pacific, rapid urbanization and rising demand for Western brands are creating possibilities for global footwear brands.

Europe holds the second largest share in the Global Men Leather Shoes Market. Countries like the United Kingdom, Italy, France, and many other European countries are helping in the growth and development of this market globally,

North America holds a significant amount of share in the global Men Leather Shoes Market. Due to the usage and production of this resource, there has been an increment in this region. Countries like Canada, Mexico, and The United States are helping in the growth of this global Men Leather Shoes Market.

KEY MARKET PLAYERS

Salvatore Ferragamo Italia, Gucci, Johnston & Murphy, Prada, Bruno Magli, Timberland, Cole Hann, Timberland, and Berluti are some of the notable players in the global men leather shoes market.

DETAILED SEGMENTATION OF THE GLOBAL MEN LEATHER SHOES MARKET INCLUDED IN THIS REPORT

This research report on the global men's leather shoes market has been segmented and sub-segmented based on type, distribution channel, and region.

By Type

• Patent Leather
• Pebble & Full-grain Leather
• Top Grain Leather
• Suede Leather

By Distribution Channel

• Online Retail Stores
• Offline Retail Stores

By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa