diff --git a/package/python-fonttools/python-fonttools.hash b/package/python-fonttools/python-fonttools.hash
index 1f9b546c23..df0bdf980d 100644
--- a/package/python-fonttools/python-fonttools.hash
+++ b/package/python-fonttools/python-fonttools.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/fonttools/json
-md5  4a894b3cd108432f7636849b4026b771  fonttools-4.28.5.zip
-sha256  545c05d0f7903a863c2020e07b8f0a57517f2c40d940bded77076397872d14ca  fonttools-4.28.5.zip
+md5  7fc490291991da874911fed1e743362d  fonttools-4.29.1.zip
+sha256  2b18a172120e32128a80efee04cff487d5d140fe7d817deb648b2eee023a40e4  fonttools-4.29.1.zip
 # Locally computed sha256 checksums
 sha256  6787208f83f659ccbc2223b2fde952ffa6f7e8aca62f1a8a2bf5bc51bb1b2383  LICENSE
diff --git a/package/python-fonttools/python-fonttools.mk b/package/python-fonttools/python-fonttools.mk
index c5c605161b..d5c4cdf8e5 100644
--- a/package/python-fonttools/python-fonttools.mk
+++ b/package/python-fonttools/python-fonttools.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_FONTTOOLS_VERSION = 4.28.5
+PYTHON_FONTTOOLS_VERSION = 4.29.1
 PYTHON_FONTTOOLS_SOURCE = fonttools-$(PYTHON_FONTTOOLS_VERSION).zip
-PYTHON_FONTTOOLS_SITE = https://files.pythonhosted.org/packages/ce/1b/d4cd86f4e6cbd54a3c4f807015b116299bcd6d6587ea0645d88ba9d932bb
+PYTHON_FONTTOOLS_SITE = https://files.pythonhosted.org/packages/2d/4c/49ba863863502bb9fea19d8bd04a527da336b4a2698c8a0c7129e9cc2716
 PYTHON_FONTTOOLS_SETUP_TYPE = setuptools
 PYTHON_FONTTOOLS_LICENSE = MIT
 PYTHON_FONTTOOLS_LICENSE_FILES = LICENSE