According to Cognitive Market Research, The Global Leather Wallet market size will grow at a compound annual growth rate (CAGR) of 9.50% from 2023 to 2030.
The younger generation's rising demand for leather wallets is anticipated to provide a plethora of opportunities for market expansion.
Demand for the bifold wallets category remains higher in the leather wallet market.
The men's category held the highest share in the leather wallet market in 2023.
North America will continue to lead, whereas the Asia Pacific market for leather wallets will experience the strongest growth until 2030.
