Africa is recording a surge in production with Nigeria and Kenya being the major sourcing countries. As a result of the high prices of raw leather, and the subsequent high prices of the finished products, consumers are now shifting toward the more affordable faux leather goods, adds Poonam. With the help of advancing technology, manufacturers have become successful in enhancing the durability factor of faux leather considerably and incorporating stain resistance properties. The improving quality of faux leather and the availability of faux leather footwear in different colors and textures have been propelling the growth of this segment. Global leather bags, wallets, and purses market At a global level, sales of leather bags, wallets, and purses in key markets like the US, China, Japan, and France are expected to grow significantly during the forecast period. Overall, the market is expected to post a CAGR of 5.43% in the next five years. Louis Vuitton is the largest player in the market, followed by Coach, GUCCI, Prada, and Hermes. The wide variety of leather handbags available in the market influence the buying pattern of customers. The global leather handbags market is dominated by the premium designer segment, which influences consumers' tastes and preferences. In terms of handbags, totes are the most popular among consumers, followed made-by clutch, saddle, and satchel. To keep up with the changing trends, players have begun to advertise their products through social media.
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urges U.S., China, others to ratify nuclear test ban treaty left right Members of the United Nations Security Council vote to adopt a resolution on the Comprehensive Nuclear-Test-Ban Treaty at the United Nations Headquarters in New York, U.S., September 23, 2016. REUTERS/Lucas Jackson 1/3 left right U.S. Secretary of กระเป๋าสะพายข้าง สวย ๆ State John Kerry votes in the United Nations Security Council to adopt a resolution on the Comprehensive Nuclear-Test-Ban Treaty, at United Nations Headquarters in New York, U.S., September 23, 2016. REUTERS/Lucas Jackson 2/3 left right Russia's Ambassador to the United Nations Vitaly Churkin speaks with China's Permanent Representative to the United Nations Liu Jieyi inside the United Nations Security Council before a vote to adopt a resolution on the Comprehensive Nuclear-Test-Ban Treaty, at United Nations Headquarters in New York, U.S., September 23, 2016. REUTERS/Lucas Jackson 3/3 By Michelle Nichols | UNITED NATIONS UNITED NATIONS The United Nations Security Council urged China, the United States, North Korea, Egypt, India, Iran, Israel and Pakistan to ratify a treaty banning nuclear explosions, which would ร้าน กระเป๋าสะพายข้าง facebook allow the deal negotiated 20 years ago to come into force. More than 160 countries have ratified the 1996 Comprehensive Nuclear-Test-Ban Treaty (CTBT). Since then India, Pakistan and North Korea have conducted nuclear tests. This month Pyongyang conducted its fifth and largest test. The 15-member Security Council adopted a U.S.-drafted resolution on Friday with 14 votes in favor and an abstention by Egypt.
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