1h Free Analyst Time
The handbags market is forecasted to grow by USD 15.77 billion during 2024-2029, accelerating at a CAGR of 4.4% during the forecast period. The report on the handbags market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 personalization and customization of handbags, rising marketing campaigns, celebrity endorsement, and brand promotion activities by companies, and increased fashion consciousness of consumers and spending on personal goods.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The handbags market is segmented as below:
By Type
- Leather
- Fabric
By Distribution Channel
- Offline
- Online
By End-user
- Women
- Men
By Product Type
- Tote bags
- Satchels
- Clutches
- Bucket bags
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the handbags market covers the following areas:
- Handbags Market sizing
- Handbags Market forecast
- Handbags Market industry analysis
The report 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 primary and secondary research. 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 accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Distribution Channel
10 Market Segmentation by End-user
11 Market Segmentation by Product Type
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global handbags market: Authentic Brands Group LLC, Burberry Group Plc, Capri Holdings Ltd., Cartier SA, Chanel Ltd., Dolce and Gabbana Srl, Fossil Group Inc., Hermes International SA, Kanmi, Kering SA, Macys Inc., MCM Products USA Inc., Michael Kors Switzerland GmbH, Prada S.p.A, PVH Corp., Samsonite International S.A., Tapestry Inc., The LVMH group, and Tory Burch LLC.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing design and material innovation leading to product premiumization."
According to the report, one of the major drivers for this market is the personalization and customization of handbags.
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:
- Authentic Brands Group LLC
- Burberry Group Plc
- Capri Holdings Ltd.
- Cartier SA
- Chanel Ltd.
- Dolce and Gabbana Srl
- Fossil Group Inc.
- Hermes International SA
- Kanmi
- Kering SA
- Macys Inc.
- MCM Products USA Inc.
- Michael Kors Switzerland GmbH
- Prada S.p.A
- PVH Corp.
- Samsonite International S.A.
- Tapestry Inc.
- The LVMH group
- Tory Burch LLC
