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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