the leather goods market
France

MARKET SUMMARY

1.1 Definition and scope of study

The "maroquinerie" market is a micro-category of the wider leather clothing market and refers to all leather accessories (e.g. bags, belts, wallets). The distinguishing mark of these fashion items is therefore the material: leather.

France excels in this sector of activity with high added value, requiring a qualified workforce. Its companies, large international luxury groups, export the "made in France" brand image particularly in Asia, where demand has been increasing for several years.

However, leather goods' figures are also rising in France, boosted by a flourishing tourism industry after a fall in 2016, as well as by an economic context favourable to individuals.

Leather goods thus evolve in a highly competitive environment, where fashion effects are obviously present. It is, therefore, appropriate for companies present on the market to adapt as finely as possible to demand, especially for new players who need to build a brand image.

Finally, the leather industry in general is threatened by the growing environmental and animal awareness of the population, favouring more environmentally friendly substitutes of vegetable or synthetic origin.

 

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Analyste de marché chez Businesscoot

Amaury de Balincourt

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Vincent Defrenet

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