The 2022 Report on Leather Gloves and Mittens Made from Purchased Leather: World Market Segmentation by City

The 2022 Report on Leather Gloves and Mittens Made from Purchased Leather: World Market Segmentation by City

  • July 2021 •
  • 513 pages •
  • Report ID: 6119027 •
  • Format: PDF
This report was created for global strategic planners who cannot be content with traditional methods of segmenting world markets. With the advent of a "borderless world", cities become a more important criteria in prioritizing markets, as opposed to regions, continents, or countries. This report covers the top 2,000 cities in over 200 countries. It does so by reporting the estimated market size (in terms of latent demand) for each major city of the world. It then ranks these cities and reports them in terms of their size as a percent of the country where they are located, their geographic region (e.g. Africa, Asia, Europe, Middle East, North America, Latin America), and the total world market.

This study covers leather gloves and mittens made from purchased leather as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").

The NAICS code for leather gloves and mittens made from purchased leather is 31599251. It is for this definition that aggregate latent demand estimates are derived. Leather gloves and mittens made from purchased leather is specifically defined as follows:

31599251 Gloves and mittens, all leather, made from purchased leather

3159925100 Gloves and mittens, all leather, made from purchased leather

3159925122 Gloves and mittens, all grain leather

3159925124 Gloves and mittens, all split leather

3159925126 Gloves and mittens, all other leather

This study covers the world outlook for leather gloves and mittens made from purchased leather across more than 2,000 cities. For the year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the city in question (in millions of U.S. dollars), the percent share the city is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a city vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study does not report actual sales data (which are simply unavailable, in a comparable or consistent manner in virtually all of the cities of the world). This study gives, however, Professor Parker’s estimates for the worldwide latent demand, or the P.I.E., for leather gloves and mittens made from purchased leather. It also shows how the P.I.E. is divided across the world’s cities. In order to make these estimates, a multi-stage methodology was employed that is often taught in courses on international strategic planning at graduate schools of business.