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Handbag, Luggage & Accessory Stores in Canada - Industry Market Research Report

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    Report

  • 36 Pages
  • September 2023
  • Region: Canada
  • IBISWorld
  • ID: 3972515

In the Bag: Economic Recovery Following the Pandemic Will Likely Result in Industry Growth

Over the past five years, the Handbag, Luggage and Accessory Stores industry expanded alongside a robust pandemic recovery, boosting travel and demand for luggage. Intensifying competition from e-tailers and mass merchandisers challenged small-scale stores and retailers with a heavy focus on brick-and-mortar. Still, the proliferation of e-commerce has supported stores with an established online presence as consumers have increasingly shifted their spending online. Over the past five years, revenue has expanded at a CAGR of 2.6%, reaching an estimated $2.7 billion in 2023. A persistent rise in e-commerce and high-income households will boost revenue by an estimated 2.9% in 2023 alone.

This industry includes specialty retailers that predominantly sell handbags, luggage, briefcases and clothing accessories, such as hats, wallets and neckwear. While some businesses may also sell apparel or footwear, such sales are not included in this 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

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Bentley Leathers Inc.
  • Capri Holdings Limited

Methodology

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