Carried away: The rising popularity of fast fashion and online shopping have boosted revenue
The Online Handbag and Luggage Sales industry has grown strongly over the past five years, assisted by an increase in online consumer spending. Although the industry is small compared with the overall online retail market, it provides consumers with a shopping avenue that offers more affordable prices and a more extensive range of handbags and luggage than traditional bricks-and-mortar establishments. The rapid growth of access to high-speed internet and rising mobile data consumption have expanded the industry's reach to downstream markets. Trends towards fast fashion have also benefited industry operators, as consumers shift toward purchasing higher volumes of cheaper, single-season fashion items rather than long-lasting luxury items.
The industry includes online sales of handbags, luggage, briefcases, backpacks, satchels, wallets and other related accessories. Sales from online-only retailers and the online operations of bricks-and-mortar stores are included in the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Strandbags Group Pty Limited
Methodology
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