A recent report published by
Infinium Global Research on full grain leather market provides in-depth
analysis of segments and sub-segments in the global as well as regional full
grain leather market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional full grain leather
market over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of global full grain leather
market. According to the report, the global full grain leather market is
projected to grow at a CAGR of 5.6% over the forecast period of 2019-2025.
The full grain leather is
prepared from the hide of the animals. When the hair is removed during the
processing, full-grain hair appears. The grains are tightly woven in this part
of the leather structure. This part of leather incorporates the whole grain of
hiding with all imperfections and toughness of the material. It is the
strongest and most durable type of leather. Owing to the tight grain structure,
it resists moisture easily. This type of leather implies the complete
unadulterated hide in the natural form.
The growing disposable income
among young and middle-class consumers in the developing countries is
motivating them to use luxurious goods as full grain leather products.
Additionally, the growing demand for the durable product to carry essential
goods for a long distance is helping to grow the demand for full grain leather
products in the developing countries. Further, as the age pass, other materials
lose its appearance, shade, strength, but it is just reverse with full grain
leather. As the age pass, the full grain leather becomes more beautiful and
strong over time. Furthermore, full grain leather products are user-friendly,
do not need more care from users. However, the availability of other
substitutes, which are cheaper as compared to the full grain leather product is
hampering the growth of this market. The growing disposable income among the
young middle-class consumers, and growing animal husbandry business around the
world is expected to grow the demand for full grain leather products in the
near future.
North America is the leading
market of the full grain leather market, owing to the presence of a large
consumer base with high disposable income. The prevalence of corporate culture
motivates the young and middle-class consumers in this reason is boosting the
demand for full grain leather market. Further, the extensive presence of
leather processing industries and leather products manufacturing companies are
helping to grow the demand for full grain leather in this region. Europe is the
second largest market of the full grain leather market after North America,
owing to the consumer preference for the luxury goods in this region. The
Asia-Pacific is the highest growing region in the full grain leather market,
owing to the growing disposable income among the youth and middle-class
consumers in this region.
The report on global full grain
leather market covers segments such as type and application. On the basis of
type, the sub-markets include the non-coated type and coated type. On the basis
of application, the sub-markets include consumer goods, furniture, automobile,
and others.
The report provides profiles of
the companies in the market such as SKM LLC, Curtidos Gracia, S.A., Buckskin
Leather Company, WINTER & COMPANY, Garrett Leather Corp, Super Tannery Ltd,
APLF Limited, LeatherHunte Pvt. Ltd., Horween Leather Company, and Spinneybeck.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of full grain leather market. Moreover, the study highlights current
market trends and provides forecast from 2019-2025. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.
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