One of the reasons I've been iPad-only for so many years is that it's such a minimal and lightweight setup that still offers plenty enough power to suit my workflow. A good case to protect the thing should reflect those ideals, and for my money, the Woolnut Leather Folio is it.

This slim-profile leather folio is designed to fit the 12.9" iPad Pro with the Magic Keyboard attached, or if you don't mind leaving a bit of room inside, the 10.9" iPad Air (fifth gen) with its equivalent Magic Keyboard. In either case, you can also fit the Apple Pencil in there — either attached to the iPad itself to charge or using the dedicated stylus holder loop — but pretty much nothing else. Which is exactly how I like it.

The outside of the folio is made from Scandinavian full-grain leather that ages beautifully, while the interior is lined with 100% natural German wool felt to keep the iPad nice and snug as you carry it about.

They've employed a high-quality YKK zipper around the outer edge, and cleverly added a small leather strip just behind it to keep your iPad from getting scratched:

@BasicAppleGuy (y'know, the famous wallpaper maker) wrote a positive review about this leather folio back in 2021:

The built quality is impeccable, with no defects or areas where I would worry about the case breaking down over time. The material choices - from zipper to leather to wool - all feel premium. The leather had no imperfections across it and is poised to develop a beautiful patina over time.

You can get the Woolnut Leather Folio Case for $159 on Amazon in your choice of Cognac or Green colors.