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Handbags Market in India 2025-2029

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    Report

  • 149 Pages
  • February 2025
  • Region: India
  • TechNavio
  • ID: 5316734
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The handbags market in India is forecasted to grow by USD 1.98 billion during 2024-2029, accelerating at a CAGR of 8.5% 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 expansion of retail and online distribution landscape in India, rising number of product endorsements by celebrities, and growing purchase of handbags by millennials and working women.

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 in India is segmented as below:

By Product Type

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

By Distribution Channel

  • Offline
  • Online

By Geographical Landscape

  • APAC
This study identifies the personalization and customization of handbags as one of the prime reasons driving the handbags market in India growth during the next few years. Also, increasing demand for eco-friendly and sustainable handbags and design and material innovation leading to product premiumization 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
A robust vendor analysis within the report 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 ALDO Group Inc., Aranyani, BAGGIT, Burberry Group PLC, Caprese Bags, 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, Miraggio Lifestyles Pvt. Ltd., Odette E Retail Pvt. Ltd., Prada Spa, The LVMH group, Victorias Secret and Co., and Zouk. 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 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
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Product Type
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India: Year-over-year growth 2024-2029 (%)
Data Table on India: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Handbags Market in India 2019 - 2023
Historic Market Size - Data Table on Handbags Market in India 2019 - 2023 ($ million)
5.2 Product Type segment analysis 2019 - 2023
Historic Market Size - Product Type Segment 2019 - 2023 ($ million)
5.3 Distribution Channel segment analysis 2019 - 2023
Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The AI impact on Handbags Market in India
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product Type
8.1 Market segments
Chart on Product Type - Market share 2024-2029 (%)
Data Table on Product Type - Market share 2024-2029 (%)
8.2 Comparison by Product Type
Chart on Comparison by Product Type
Data Table on Comparison by Product Type
8.3 Totes - Market size and forecast 2024-2029
Chart on Totes - Market size and forecast 2024-2029 ($ million)
Data Table on Totes - Market size and forecast 2024-2029 ($ million)
Chart on Totes - Year-over-year growth 2024-2029 (%)
Data Table on Totes - Year-over-year growth 2024-2029 (%)
8.4 Clutches and wallets - Market size and forecast 2024-2029
Chart on Clutches and wallets - Market size and forecast 2024-2029 ($ million)
Data Table on Clutches and wallets - Market size and forecast 2024-2029 ($ million)
Chart on Clutches and wallets - Year-over-year growth 2024-2029 (%)
Data Table on Clutches and wallets - Year-over-year growth 2024-2029 (%)
8.5 Shoulder bags - Market size and forecast 2024-2029
Chart on Shoulder bags - Market size and forecast 2024-2029 ($ million)
Data Table on Shoulder bags - Market size and forecast 2024-2029 ($ million)
Chart on Shoulder bags - Year-over-year growth 2024-2029 (%)
Data Table on Shoulder bags - Year-over-year growth 2024-2029 (%)
8.6 Satchels and saddles - Market size and forecast 2024-2029
Chart on Satchels and saddles - Market size and forecast 2024-2029 ($ million)
Data Table on Satchels and saddles - Market size and forecast 2024-2029 ($ million)
Chart on Satchels and saddles - Year-over-year growth 2024-2029 (%)
Data Table on Satchels and saddles - Year-over-year growth 2024-2029 (%)
8.7 Market opportunity by Product Type
Market opportunity by Product Type ($ million)
Data Table on Market opportunity by Product Type ($ million)
9 Market Segmentation by Distribution Channel
9.1 Market segments
Chart on Distribution Channel - Market share 2024-2029 (%)
Data Table on Distribution Channel - Market share 2024-2029 (%)
9.2 Comparison by Distribution Channel
Chart on Comparison by Distribution Channel
Data Table on Comparison by Distribution Channel
9.3 Offline - Market size and forecast 2024-2029
Chart on Offline - Market size and forecast 2024-2029 ($ million)
Data Table on Offline - Market size and forecast 2024-2029 ($ million)
Chart on Offline - Year-over-year growth 2024-2029 (%)
Data Table on Offline - Year-over-year growth 2024-2029 (%)
9.4 Online - Market size and forecast 2024-2029
Chart on Online - Market size and forecast 2024-2029 ($ million)
Data Table on Online - Market size and forecast 2024-2029 ($ million)
Chart on Online - Year-over-year growth 2024-2029 (%)
Data Table on Online - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Distribution Channel
Market opportunity by Distribution Channel ($ million)
Data Table on Market opportunity by Distribution Channel ($ million)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 BAGGIT
BAGGIT - Overview
BAGGIT - Product / Service
BAGGIT - Key offerings
SWOT
13.5 Burberry Group Plc
Burberry Group Plc - Overview
Burberry Group Plc - Business segments
Burberry Group Plc - Key offerings
Burberry Group Plc - Segment focus
SWOT
13.6 Caprese Bags
Caprese Bags - Overview
Caprese Bags - Product / Service
Caprese Bags - Key offerings
SWOT
13.7 Da Milano Leathers Pvt. Ltd.
Da Milano Leathers Pvt. Ltd. - Overview
Da Milano Leathers Pvt. Ltd. - Product / Service
Da Milano Leathers Pvt. Ltd. - Key offerings
SWOT
13.8 Deeya International
Deeya International - Overview
Deeya International - Product / Service
Deeya International - Key offerings
SWOT
13.9 H and M Hennes and Mauritz GBC AB
H and M Hennes and Mauritz GBC AB - Overview
H and M Hennes and Mauritz GBC AB - Business segments
H and M Hennes and Mauritz GBC AB - Key news
H and M Hennes and Mauritz GBC AB - Key offerings
H and M Hennes and Mauritz GBC AB - Segment focus
SWOT
13.10 Hermes International SA
Hermes International SA - Overview
Hermes International SA - Business segments
Hermes International SA - Key news
Hermes International SA - Key offerings
Hermes International SA - Segment focus
SWOT
13.11 Hidesign
Hidesign - Overview
Hidesign - Product / Service
Hidesign - Key offerings
SWOT
13.12 Intouch Leather House Pvt. Ltd.
Intouch Leather House Pvt. Ltd. - Overview
Intouch Leather House Pvt. Ltd. - Product / Service
Intouch Leather House Pvt. Ltd. - Key offerings
SWOT
13.13 Lavie
Lavie - Overview
Lavie - Product / Service
Lavie - Key offerings
SWOT
13.14 Lino Perros
Lino Perros - Overview
Lino Perros - Product / Service
Lino Perros - Key offerings
SWOT
13.15 Miraggio Lifestyles Pvt. Ltd.
Miraggio Lifestyles Pvt. Ltd. - Overview
Miraggio Lifestyles Pvt. Ltd. - Product / Service
Miraggio Lifestyles Pvt. Ltd. - Key offerings
SWOT
13.16 Odette E Retail Pvt. Ltd.
Odette E Retail Pvt. Ltd. - Overview
Odette E Retail Pvt. Ltd. - Product / Service
Odette E Retail Pvt. Ltd. - Key offerings
SWOT
13.17 The LVMH group
The LVMH group - Overview
The LVMH group - Business segments
The LVMH group - Key offerings
The LVMH group - Segment focus
SWOT
13.18 Zouk
Zouk - Overview
Zouk - Product / Service
Zouk - Key offerings
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
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 Company Market Positioning
Exhibits 7: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 8: Overview on criticality of inputs and factors of differentiation
Exhibits 9: Overview on factors of disruption
Exhibits 10: Impact of drivers and challenges in 2024 and 2029
Exhibits 11: Parent Market
Exhibits 12: Data Table on - Parent Market
Exhibits 13: Market characteristics analysis
Exhibits 14: Value chain analysis
Exhibits 15: Offerings of companies included in the market definition
Exhibits 16: Market segments
Exhibits 17: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 18: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 19: Chart on India: Year-over-year growth 2024-2029 (%)
Exhibits 20: Data Table on India: Year-over-year growth 2024-2029 (%)
Exhibits 21: Historic Market Size - Data Table on Handbags Market in India 2019 - 2023 ($ million)
Exhibits 22: Historic Market Size - Product Type Segment 2019 - 2023 ($ million)
Exhibits 23: Historic Market Size - Distribution Channel Segment 2019 - 2023 ($ million)
Exhibits 24: Five forces analysis - Comparison between 2024 and 2029
Exhibits 25: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 27: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 28: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 29: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 30: Chart on Market condition - Five forces 2024 and 2029
Exhibits 31: Chart on Product Type - Market share 2024-2029 (%)
Exhibits 32: Data Table on Product Type - Market share 2024-2029 (%)
Exhibits 33: Chart on Comparison by Product Type
Exhibits 34: Data Table on Comparison by Product Type
Exhibits 35: Chart on Totes - Market size and forecast 2024-2029 ($ million)
Exhibits 36: Data Table on Totes - Market size and forecast 2024-2029 ($ million)
Exhibits 37: Chart on Totes - Year-over-year growth 2024-2029 (%)
Exhibits 38: Data Table on Totes - Year-over-year growth 2024-2029 (%)
Exhibits 39: Chart on Clutches and wallets - Market size and forecast 2024-2029 ($ million)
Exhibits 40: Data Table on Clutches and wallets - Market size and forecast 2024-2029 ($ million)
Exhibits 41: Chart on Clutches and wallets - Year-over-year growth 2024-2029 (%)
Exhibits 42: Data Table on Clutches and wallets - Year-over-year growth 2024-2029 (%)
Exhibits 43: Chart on Shoulder bags - Market size and forecast 2024-2029 ($ million)
Exhibits 44: Data Table on Shoulder bags - Market size and forecast 2024-2029 ($ million)
Exhibits 45: Chart on Shoulder bags - Year-over-year growth 2024-2029 (%)
Exhibits 46: Data Table on Shoulder bags - Year-over-year growth 2024-2029 (%)
Exhibits 47: Chart on Satchels and saddles - Market size and forecast 2024-2029 ($ million)
Exhibits 48: Data Table on Satchels and saddles - Market size and forecast 2024-2029 ($ million)
Exhibits 49: Chart on Satchels and saddles - Year-over-year growth 2024-2029 (%)
Exhibits 50: Data Table on Satchels and saddles - Year-over-year growth 2024-2029 (%)
Exhibits 51: Market opportunity by Product Type ($ million)
Exhibits 52: Data Table on Market opportunity by Product Type ($ million)
Exhibits 53: Chart on Distribution Channel - Market share 2024-2029 (%)
Exhibits 54: Data Table on Distribution Channel - Market share 2024-2029 (%)
Exhibits 55: Chart on Comparison by Distribution Channel
Exhibits 56: Data Table on Comparison by Distribution Channel
Exhibits 57: Chart on Offline - Market size and forecast 2024-2029 ($ million)
Exhibits 58: Data Table on Offline - Market size and forecast 2024-2029 ($ million)
Exhibits 59: Chart on Offline - Year-over-year growth 2024-2029 (%)
Exhibits 60: Data Table on Offline - Year-over-year growth 2024-2029 (%)
Exhibits 61: Chart on Online - Market size and forecast 2024-2029 ($ million)
Exhibits 62: Data Table on Online - Market size and forecast 2024-2029 ($ million)
Exhibits 63: Chart on Online - Year-over-year growth 2024-2029 (%)
Exhibits 64: Data Table on Online - Year-over-year growth 2024-2029 (%)
Exhibits 65: Market opportunity by Distribution Channel ($ million)
Exhibits 66: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits 67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 68: Impact of drivers and challenges in 2024 and 2029
Exhibits 69: Overview on criticality of inputs and factors of differentiation
Exhibits 70: Overview on factors of disruption
Exhibits 71: Impact of key risks on business
Exhibits 72: Companies covered
Exhibits 73: Company ranking index
Exhibits 74: Matrix on companies position and classification
Exhibits 75: BAGGIT - Overview
Exhibits 76: BAGGIT - Product / Service
Exhibits 77: BAGGIT - Key offerings
Exhibits 78: SWOT
Exhibits 79: Burberry Group Plc - Overview
Exhibits 80: Burberry Group Plc - Business segments
Exhibits 81: Burberry Group Plc - Key offerings
Exhibits 82: Burberry Group Plc - Segment focus
Exhibits 83: SWOT
Exhibits 84: Caprese Bags - Overview
Exhibits 85: Caprese Bags - Product / Service
Exhibits 86: Caprese Bags - Key offerings
Exhibits 87: SWOT
Exhibits 88: Da Milano Leathers Pvt. Ltd. - Overview
Exhibits 89: Da Milano Leathers Pvt. Ltd. - Product / Service
Exhibits 90: Da Milano Leathers Pvt. Ltd. - Key offerings
Exhibits 91: SWOT
Exhibits 92: Deeya International - Overview
Exhibits 93: Deeya International - Product / Service
Exhibits 94: Deeya International - Key offerings
Exhibits 95: SWOT
Exhibits 96: H and M Hennes and Mauritz GBC AB - Overview
Exhibits 97: H and M Hennes and Mauritz GBC AB - Business segments
Exhibits 98: H and M Hennes and Mauritz GBC AB - Key news
Exhibits 99: H and M Hennes and Mauritz GBC AB - Key offerings
Exhibits 100: H and M Hennes and Mauritz GBC AB - Segment focus
Exhibits 101: SWOT
Exhibits 102: Hermes International SA - Overview
Exhibits 103: Hermes International SA - Business segments
Exhibits 104: Hermes International SA - Key news
Exhibits 105: Hermes International SA - Key offerings
Exhibits 106: Hermes International SA - Segment focus
Exhibits 107: SWOT
Exhibits 108: Hidesign - Overview
Exhibits 109: Hidesign - Product / Service
Exhibits 110: Hidesign - Key offerings
Exhibits 111: SWOT
Exhibits 112: Intouch Leather House Pvt. Ltd. - Overview
Exhibits 113: Intouch Leather House Pvt. Ltd. - Product / Service
Exhibits 114: Intouch Leather House Pvt. Ltd. - Key offerings
Exhibits 115: SWOT
Exhibits 116: Lavie - Overview
Exhibits 117: Lavie - Product / Service
Exhibits 118: Lavie - Key offerings
Exhibits 119: SWOT
Exhibits 120: Lino Perros - Overview
Exhibits 121: Lino Perros - Product / Service
Exhibits 122: Lino Perros - Key offerings
Exhibits 123: SWOT
Exhibits 124: Miraggio Lifestyles Pvt. Ltd. - Overview
Exhibits 125: Miraggio Lifestyles Pvt. Ltd. - Product / Service
Exhibits 126: Miraggio Lifestyles Pvt. Ltd. - Key offerings
Exhibits 127: SWOT
Exhibits 128: Odette E Retail Pvt. Ltd. - Overview
Exhibits 129: Odette E Retail Pvt. Ltd. - Product / Service
Exhibits 130: Odette E Retail Pvt. Ltd. - Key offerings
Exhibits 131: SWOT
Exhibits 132: The LVMH group - Overview
Exhibits 133: The LVMH group - Business segments
Exhibits 134: The LVMH group - Key offerings
Exhibits 135: The LVMH group - Segment focus
Exhibits 136: SWOT
Exhibits 137: Zouk - Overview
Exhibits 138: Zouk - Product / Service
Exhibits 139: Zouk - Key offerings
Exhibits 140: SWOT
Exhibits 141: Inclusions checklist
Exhibits 142: Exclusions checklist
Exhibits 143: Currency conversion rates for US$
Exhibits 144: Research methodology
Exhibits 145: Information sources
Exhibits 146: Data validation
Exhibits 147: Validation techniques employed for market sizing
Exhibits 148: Data synthesis
Exhibits 149: 360 degree market analysis
Exhibits 150: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the handbags market in india: ALDO Group Inc., Aranyani, BAGGIT, Burberry Group Plc, Caprese Bags, 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, Miraggio Lifestyles Pvt. Ltd., Odette E Retail Pvt. Ltd., Prada Spa, The LVMH group, Victorias Secret and Co., and Zouk.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is personalization and customization of 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:

  • ALDO Group Inc.
  • Aranyani
  • BAGGIT
  • Burberry Group Plc
  • Caprese Bags
  • 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
  • Miraggio Lifestyles Pvt. Ltd.
  • Odette E Retail Pvt. Ltd.
  • Prada Spa
  • The LVMH group
  • Victorias Secret and Co.
  • Zouk