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Handbags Market in India 2023-2027

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    Report

  • 125 Pages
  • September 2023
  • Region: India
  • TechNavio
  • ID: 5316734
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The handbags market in India is forecasted to grow by USD 1.42 bn during 2022-2027, accelerating at a CAGR of 7.15% during the forecast period. The report on the handbags market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the expansion of the retail and online distribution landscape in India, the rising number of product endorsements by celebrities, and the growing purchase of handbags by millennials and working women.

The handbags market in India is segmented as below:

By Product Type

  • Totes
  • Clutches and wallets
  • Shoulder bags
  • Satchels and saddles

By Distribution Channel

  • Offline
  • Online
This study identifies the increasing demand for eco-friendly and sustainable handbags as one of the prime reasons driving the handbags market in India growth during the next few years. Also, design and material innovation leading to product premiumization and personalization and customization of handbags will lead to sizable demand in the market.

The report on the handbags market in India covers the following areas:

  • Handbags market in India sizing
  • Handbags market in India forecast
  • Handbags market in India industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading handbags market in India vendors that include Aranyani, BAGGIT, Burberry Group Plc, Da Milano Leathers Pvt. Ltd., Deeya International, Fossil Group Inc., H and M Hennes and Mauritz GBC AB, Hermes International SA, Hidesign, Intouch Leather House Pvt. Ltd., Lavie, Lino Perros, LVMH Moet Hennessy Louis Vuitton SE, Miraggio Lifestyles Pvt. Ltd., Odette E Retail Pvt. Ltd., Prada Spa, Victorias Secret and Co., VIP Industries Ltd., Zouk, and ALDO Group Inc.. Also, the handbags market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Product Type
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 12: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 13: Chart on India: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on India: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Handbags market in India 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on handbags market in India 2017 - 2021 ($ billion)
4.2 Product Type Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Product Type Segment 2017 - 2021 ($ billion)
4.3 Distribution Channel Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product Type
6.1 Market segments
Exhibit 25: Chart on Product Type - Market share 2022-2027 (%)
Exhibit 26: Data Table on Product Type - Market share 2022-2027 (%)
6.2 Comparison by Product Type
Exhibit 27: Chart on Comparison by Product Type
Exhibit 28: Data Table on Comparison by Product Type
6.3 Totes - Market size and forecast 2022-2027
Exhibit 29: Chart on Totes - Market size and forecast 2022-2027 ($ billion)
Exhibit 30: Data Table on Totes - Market size and forecast 2022-2027 ($ billion)
Exhibit 31: Chart on Totes - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Totes - Year-over-year growth 2022-2027 (%)
6.4 Clutches and wallets - Market size and forecast 2022-2027
Exhibit 33: Chart on Clutches and wallets - Market size and forecast 2022-2027 ($ billion)
Exhibit 34: Data Table on Clutches and wallets - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Chart on Clutches and wallets - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Clutches and wallets - Year-over-year growth 2022-2027 (%)
6.5 Shoulder bags - Market size and forecast 2022-2027
Exhibit 37: Chart on Shoulder bags - Market size and forecast 2022-2027 ($ billion)
Exhibit 38: Data Table on Shoulder bags - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Chart on Shoulder bags - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Shoulder bags - Year-over-year growth 2022-2027 (%)
6.6 Satchels and saddles - Market size and forecast 2022-2027
Exhibit 41: Chart on Satchels and saddles - Market size and forecast 2022-2027 ($ billion)
Exhibit 42: Data Table on Satchels and saddles - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Chart on Satchels and saddles - Year-over-year growth 2022-2027 (%)
Exhibit 44: Data Table on Satchels and saddles - Year-over-year growth 2022-2027 (%)
6.7 Market opportunity by Product Type
Exhibit 45: Market opportunity by Product Type ($ billion)
Exhibit 46: Data Table on Market opportunity by Product Type ($ billion)
7 Market Segmentation by Distribution Channel
7.1 Market segments
Exhibit 47: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 48: Data Table on Distribution Channel - Market share 2022-2027 (%)
7.2 Comparison by Distribution Channel
Exhibit 49: Chart on Comparison by Distribution Channel
Exhibit 50: Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2022-2027
Exhibit 51: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Offline - Year-over-year growth 2022-2027 (%)
7.4 Online - Market size and forecast 2022-2027
Exhibit 55: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Online - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 59: Market opportunity by Distribution Channel ($ billion)
Exhibit 60: Data Table on Market opportunity by Distribution Channel ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 62: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 63: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 64: Overview on factors of disruption
10.4 Industry risks
Exhibit 65: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
Exhibit 66: Vendors covered
11.2 Market positioning of vendors
Exhibit 67: Matrix on vendor position and classification
11.3 BAGGIT
Exhibit 68: BAGGIT - Overview
Exhibit 69: BAGGIT - Product/Service
Exhibit 70: BAGGIT - Key offerings
11.4 Burberry Group Plc
Exhibit 71: Burberry Group Plc - Overview
Exhibit 72: Burberry Group Plc - Business segments
Exhibit 73: Burberry Group Plc - Key offerings
Exhibit 74: Burberry Group Plc - Segment focus
11.5 Da Milano Leathers Pvt. Ltd.
Exhibit 75: Da Milano Leathers Pvt. Ltd. - Overview
Exhibit 76: Da Milano Leathers Pvt. Ltd. - Product/Service
Exhibit 77: Da Milano Leathers Pvt. Ltd. - Key offerings
11.6 Deeya International
Exhibit 78: Deeya International - Overview
Exhibit 79: Deeya International - Product/Service
Exhibit 80: Deeya International - Key offerings
11.7 H and M Hennes and Mauritz GBC AB
Exhibit 81: H and M Hennes and Mauritz GBC AB - Overview
Exhibit 82: H and M Hennes and Mauritz GBC AB - Business segments
Exhibit 83: H and M Hennes and Mauritz GBC AB - Key news
Exhibit 84: H and M Hennes and Mauritz GBC AB - Key offerings
Exhibit 85: H and M Hennes and Mauritz GBC AB - Segment focus
11.8 Hermes International SA
Exhibit 86: Hermes International SA - Overview
Exhibit 87: Hermes International SA - Business segments
Exhibit 88: Hermes International SA - Key offerings
Exhibit 89: Hermes International SA - Segment focus
11.9 Hidesign
Exhibit 90: Hidesign - Overview
Exhibit 91: Hidesign - Product/Service
Exhibit 92: Hidesign - Key offerings
11.10 Intouch Leather House Pvt. Ltd.
Exhibit 93: Intouch Leather House Pvt. Ltd. - Overview
Exhibit 94: Intouch Leather House Pvt. Ltd. - Product/Service
Exhibit 95: Intouch Leather House Pvt. Ltd. - Key offerings
11.11 Lavie
Exhibit 96: Lavie - Overview
Exhibit 97: Lavie - Product/Service
Exhibit 98: Lavie - Key offerings
11.12 Lino Perros
Exhibit 99: Lino Perros - Overview
Exhibit 100: Lino Perros - Product/Service
Exhibit 101: Lino Perros - Key offerings
11.13 LVMH Moet Hennessy Louis Vuitton SE
Exhibit 102: LVMH Moet Hennessy Louis Vuitton SE - Overview
Exhibit 103: LVMH Moet Hennessy Louis Vuitton SE - Business segments
Exhibit 104: LVMH Moet Hennessy Louis Vuitton SE - Key news
Exhibit 105: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
Exhibit 106: LVMH Moet Hennessy Louis Vuitton SE - Segment focus
11.14 Miraggio Lifestyles Pvt. Ltd.
Exhibit 107: Miraggio Lifestyles Pvt. Ltd. - Overview
Exhibit 108: Miraggio Lifestyles Pvt. Ltd. - Product/Service
Exhibit 109: Miraggio Lifestyles Pvt. Ltd. - Key offerings
11.15 Odette E Retail Pvt. Ltd.
Exhibit 110: Odette E Retail Pvt. Ltd. - Overview
Exhibit 111: Odette E Retail Pvt. Ltd. - Product/Service
Exhibit 112: Odette E Retail Pvt. Ltd. - Key offerings
11.16 VIP Industries Ltd.
Exhibit 113: VIP Industries Ltd. - Overview
Exhibit 114: VIP Industries Ltd. - Product/Service
Exhibit 115: VIP Industries Ltd. - Key offerings
11.17 Zouk
Exhibit 116: Zouk - Overview
Exhibit 117: Zouk - Product/Service
Exhibit 118: Zouk - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 119: Inclusions checklist
Exhibit 120: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 121: Currency conversion rates for US$
12.4 Research methodology
Exhibit 122: Research methodology
Exhibit 123: Validation techniques employed for market sizing
Exhibit 124: Information sources
12.5 List of abbreviations
Exhibit 125: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Product Type
Exhibits 5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 6: Executive Summary - Chart on Vendor Market Positioning
Exhibits 7: Parent market
Exhibits 8: Market Characteristics
Exhibits 9: Offerings of vendors included in the market definition
Exhibits 10: Market segments
Exhibits 11: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibits 12: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibits 13: Chart on India: Year-over-year growth 2022-2027 (%)
Exhibits 14: Data Table on India: Year-over-year growth 2022-2027 (%)
Exhibits 15: Historic Market Size - Data Table on handbags market in India 2017 - 2021 ($ billion)
Exhibits 16: Historic Market Size - Product Type Segment 2017 - 2021 ($ billion)
Exhibits 17: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ billion)
Exhibits 18: Five forces analysis - Comparison between 2022 and 2027
Exhibits 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 21: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 22: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 23: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 24: Chart on Market condition - Five forces 2022 and 2027
Exhibits 25: Chart on Product Type - Market share 2022-2027 (%)
Exhibits 26: Data Table on Product Type - Market share 2022-2027 (%)
Exhibits 27: Chart on Comparison by Product Type
Exhibits 28: Data Table on Comparison by Product Type
Exhibits 29: Chart on Totes - Market size and forecast 2022-2027 ($ billion)
Exhibits 30: Data Table on Totes - Market size and forecast 2022-2027 ($ billion)
Exhibits 31: Chart on Totes - Year-over-year growth 2022-2027 (%)
Exhibits 32: Data Table on Totes - Year-over-year growth 2022-2027 (%)
Exhibits 33: Chart on Clutches and wallets - Market size and forecast 2022-2027 ($ billion)
Exhibits 34: Data Table on Clutches and wallets - Market size and forecast 2022-2027 ($ billion)
Exhibits 35: Chart on Clutches and wallets - Year-over-year growth 2022-2027 (%)
Exhibits 36: Data Table on Clutches and wallets - Year-over-year growth 2022-2027 (%)
Exhibits 37: Chart on Shoulder bags - Market size and forecast 2022-2027 ($ billion)
Exhibits 38: Data Table on Shoulder bags - Market size and forecast 2022-2027 ($ billion)
Exhibits 39: Chart on Shoulder bags - Year-over-year growth 2022-2027 (%)
Exhibits 40: Data Table on Shoulder bags - Year-over-year growth 2022-2027 (%)
Exhibits 41: Chart on Satchels and saddles - Market size and forecast 2022-2027 ($ billion)
Exhibits 42: Data Table on Satchels and saddles - Market size and forecast 2022-2027 ($ billion)
Exhibits 43: Chart on Satchels and saddles - Year-over-year growth 2022-2027 (%)
Exhibits 44: Data Table on Satchels and saddles - Year-over-year growth 2022-2027 (%)
Exhibits 45: Market opportunity by Product Type ($ billion)
Exhibits 46: Data Table on Market opportunity by Product Type ($ billion)
Exhibits 47: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibits 48: Data Table on Distribution Channel - Market share 2022-2027 (%)
Exhibits 49: Chart on Comparison by Distribution Channel
Exhibits 50: Data Table on Comparison by Distribution Channel
Exhibits 51: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibits 52: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibits 53: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibits 54: Data Table on Offline - Year-over-year growth 2022-2027 (%)
Exhibits 55: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibits 56: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibits 57: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibits 58: Data Table on Online - Year-over-year growth 2022-2027 (%)
Exhibits 59: Market opportunity by Distribution Channel ($ billion)
Exhibits 60: Data Table on Market opportunity by Distribution Channel ($ billion)
Exhibits 61: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 62: Impact of drivers and challenges in 2022 and 2027
Exhibits 63: Overview on Criticality of inputs and Factors of differentiation
Exhibits 64: Overview on factors of disruption
Exhibits 65: Impact of key risks on business
Exhibits 66: Vendors covered
Exhibits 67: Matrix on vendor position and classification
Exhibits 68: BAGGIT - Overview
Exhibits 69: BAGGIT - Product/Service
Exhibits 70: BAGGIT - Key offerings
Exhibits 71: Burberry Group Plc - Overview
Exhibits 72: Burberry Group Plc - Business segments
Exhibits 73: Burberry Group Plc - Key offerings
Exhibits 74: Burberry Group Plc - Segment focus
Exhibits 75: Da Milano Leathers Pvt. Ltd. - Overview
Exhibits 76: Da Milano Leathers Pvt. Ltd. - Product/Service
Exhibits 77: Da Milano Leathers Pvt. Ltd. - Key offerings
Exhibits 78: Deeya International - Overview
Exhibits 79: Deeya International - Product/Service
Exhibits 80: Deeya International - Key offerings
Exhibits 81: H and M Hennes and Mauritz GBC AB - Overview
Exhibits 82: H and M Hennes and Mauritz GBC AB - Business segments
Exhibits 83: H and M Hennes and Mauritz GBC AB - Key news
Exhibits 84: H and M Hennes and Mauritz GBC AB - Key offerings
Exhibits 85: H and M Hennes and Mauritz GBC AB - Segment focus
Exhibits 86: Hermes International SA - Overview
Exhibits 87: Hermes International SA - Business segments
Exhibits 88: Hermes International SA - Key offerings
Exhibits 89: Hermes International SA - Segment focus
Exhibits 90: Hidesign - Overview
Exhibits 91: Hidesign - Product/Service
Exhibits 92: Hidesign - Key offerings
Exhibits 93: Intouch Leather House Pvt. Ltd. - Overview
Exhibits 94: Intouch Leather House Pvt. Ltd. - Product/Service
Exhibits 95: Intouch Leather House Pvt. Ltd. - Key offerings
Exhibits 96: Lavie - Overview
Exhibits 97: Lavie - Product/Service
Exhibits 98: Lavie - Key offerings
Exhibits 99: Lino Perros - Overview
Exhibits 100: Lino Perros - Product/Service
Exhibits 101: Lino Perros - Key offerings
Exhibits 102: LVMH Moet Hennessy Louis Vuitton SE - Overview
Exhibits 103: LVMH Moet Hennessy Louis Vuitton SE - Business segments
Exhibits 104: LVMH Moet Hennessy Louis Vuitton SE - Key news
Exhibits 105: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
Exhibits 106: LVMH Moet Hennessy Louis Vuitton SE - Segment focus
Exhibits 107: Miraggio Lifestyles Pvt. Ltd. - Overview
Exhibits 108: Miraggio Lifestyles Pvt. Ltd. - Product/Service
Exhibits 109: Miraggio Lifestyles Pvt. Ltd. - Key offerings
Exhibits 110: Odette E Retail Pvt. Ltd. - Overview
Exhibits 111: Odette E Retail Pvt. Ltd. - Product/Service
Exhibits 112: Odette E Retail Pvt. Ltd. - Key offerings
Exhibits 113: VIP Industries Ltd. - Overview
Exhibits 114: VIP Industries Ltd. - Product/Service
Exhibits 115: VIP Industries Ltd. - Key offerings
Exhibits 116: Zouk - Overview
Exhibits 117: Zouk - Product/Service
Exhibits 118: Zouk - Key offerings
Exhibits 119: Inclusions checklist
Exhibits 120: Exclusions checklist
Exhibits 121: Currency conversion rates for US$
Exhibits 122: Research methodology
Exhibits 123: Validation techniques employed for market sizing
Exhibits 124: Information sources
Exhibits 125: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the handbags market in India: Aranyani, BAGGIT, Burberry Group Plc, Da Milano Leathers Pvt. Ltd., Deeya International, Fossil Group Inc., H and M Hennes and Mauritz GBC AB, Hermes International SA, Hidesign, Intouch Leather House Pvt. Ltd., Lavie, Lino Perros, LVMH Moet Hennessy Louis Vuitton SE, Miraggio Lifestyles Pvt. Ltd., Odette E Retail Pvt. Ltd., Prada Spa, Victorias Secret and Co., VIP Industries Ltd., Zouk, and ALDO Group Inc..

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing demand for eco-friendly and sustainable handbags.'

According to the report, one of the major drivers for this market is the expansion of retail and online distribution landscape in India.

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.

Companies Mentioned (Partial List)

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

  • Aranyani
  • BAGGIT
  • Burberry Group Plc
  • Da Milano Leathers Pvt. Ltd.
  • Deeya International
  • Fossil Group Inc.
  • H and M Hennes and Mauritz GBC AB
  • Hermes International SA
  • Hidesign
  • Intouch Leather House Pvt. Ltd.
  • Lavie
  • Lino Perros
  • LVMH Moet Hennessy Louis Vuitton SE
  • Miraggio Lifestyles Pvt. Ltd.
  • Odette E Retail Pvt. Ltd.
  • Prada Spa
  • Victorias Secret and Co.
  • VIP Industries Ltd.
  • Zouk
  • ALDO Group Inc.