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Global Handbag Market 2019-2023 - Product Image

Global Handbag Market 2019-2023

  • ID: 4752664
  • Report
  • Region: Global
  • 113 pages
  • TechNavio
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FEATURED COMPANIES

  • Hermès
  • Kering
  • LVMH
  • PRADA
  • Tapestry Inc.
  • MORE
The rapid Internet penetration helps manufacturers offer product information to consumers in a convenient manner, thereby making purchases easy and driving the growth of the global handbag market. Owing to their busy schedules, consumers prefer shopping online. The adoption of digital products such as tablets, smartphones, and laptops have further boosted the online sales of handbags. Social media also plays a pivotal role in increasing product awareness. Consumer engagement through social networking sites and blogs has increased. Therefore, vendors prefer to use social media to increase awareness and promote products. Analysts have predicted that the handbag market will register a CAGR of close to 5% by 2023.

Market Overview

Rise in product launches by renowned brands

New product development, improved design and style, and high levels of marketing support will increase the demand for handbags. The availability of new and improved handbag models encourages customers to update their collection. This will support the growth of the global handbag market during the forecast period.

Long product replacement cycles

Major handbag manufacturers give warranty and guaranty for their products, which further increases the life span of the product. This purchase behavior of consumers in the market discourages repeat purchases, thereby lowering the revenue of the market. Thus, the long replacement cycle of handbags restricts sales, thereby hampering market growth.

For the detailed list of factors that will drive and challenge the growth of the handbag market during the 2019-2023, view the full report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Hermès
  • Kering
  • LVMH
  • PRADA
  • Tapestry Inc.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Offline - Market size and forecast 2018-2023
  • Online - Market size and forecast 2018-2023
  • Market opportunity by distribution channel
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS

PART 11: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 12: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Hermès
  • Kering
  • LVMH
  • PRADA
  • Tapestry, Inc.
PART 13: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits:
Exhibit 01: Years in consideration
Exhibit 02: Global apparel, accessories, and luxury goods market
Exhibit 03: Segments of global apparel, accessories, and luxury goods market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ billions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Distribution channel - Market share 2018-2023 (%)
Exhibit 19: Comparison by distribution channel
Exhibit 20: Offline - Market size and forecast 2018-2023 ($ billions)
Exhibit 21: Offline - Year-over-year growth 2019-2023 (%)
Exhibit 22: Online - Market size and forecast 2018-2023 ($ billions)
Exhibit 23: Online - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by distribution channel
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2018-2023 (%)
Exhibit 27: Geographic comparison
Exhibit 28: APAC - Market size and forecast 2018-2023 ($ billions)
Exhibit 29: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 30: North America - Market size and forecast 2018-2023 ($ billions)
Exhibit 31: North America - Year-over-year growth 2019-2023 (%)
Exhibit 32: Europe - Market size and forecast 2018-2023 ($ billions)
Exhibit 33: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 34: MEA - Market size and forecast 2018-2023 ($ billions)
Exhibit 35: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 36: South America - Market size and forecast 2018-2023 ($ billions)
Exhibit 37: South America - Year-over-year growth 2019-2023 (%)
Exhibit 38: Key leading countries
Exhibit 39: Market opportunity
Exhibit 40: Decision framework
Exhibit 41: New product launches
Exhibit 42: Impact of drivers and challenges
Exhibit 43: Vendor landscape
Exhibit 44: Landscape disruption
Exhibit 45: Vendors covered
Exhibit 46: Vendor classification
Exhibit 47: Market positioning of vendors
Exhibit 48: Hermès - Vendor overview
Exhibit 49: Hermès - Business segments
Exhibit 50: Hermès - Organizational developments
Exhibit 51: Hermès - Geographic focus
Exhibit 52: Hermès - Segment focus
Exhibit 53: Hermès - Key offerings
Exhibit 54: Kering - Vendor overview
Exhibit 55: Kering - Business segments
Exhibit 56: Kering - Organizational developments
Exhibit 57: Kering - Geographic focus
Exhibit 58: Kering - Segment focus
Exhibit 59: Kering - Key offerings
Exhibit 60: LVMH - Vendor overview
Exhibit 61: LVMH - Business segments
Exhibit 62: LVMH - Organizational developments
Exhibit 63: LVMH - Geographic focus
Exhibit 64: LVMH - Segment focus
Exhibit 65: LVMH - Key offerings
Exhibit 66: PRADA - Vendor overview
Exhibit 67: PRADA - Business segments
Exhibit 68: PRADA - Organizational developments
Exhibit 69: PRADA - Geographic focus
Exhibit 70: PRADA - Key offerings
Exhibit 71: Tapestry, Inc. - Vendor overview
Exhibit 72: Tapestry, Inc. - Business segments
Exhibit 73: Tapestry, Inc. - Organizational developments
Exhibit 74: Tapestry, Inc. - Geographic focus
Exhibit 75: Tapestry, Inc. - Segment focus
Exhibit 76: Tapestry, Inc. - Key offerings
Exhibit 77: Validation techniques employed for market sizing
Exhibit 78: List of abbreviations
Exhibit 79: List of abbreviations
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Hermès
  • Kering
  • LVMH
  • PRADA
  • Tapestry Inc.
  • MORE
Global Handbag Market 2019-2023

The publisher recognizes the following companies as the key players in the global handbag market: Hermès, Kering, LVMH, PRADA, Tapestry, Inc.

Commenting on the report, an analyst from the publishing team said: “The latest trend gaining momentum in the market is the use of omnichannel retailing provides convenience to consumers as well as vendors.”

According to the report, one of the major drivers for this market is the various global expansions in the global handbag market.

Further, the report states that one of the major factors hindering the growth of this market is the counterfeit products adversely impact the sales volume and the goodwill of the company in the market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Hermès
  • Kering
  • LVMH
  • PRADA
  • Tapestry Inc.
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
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