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The handbags market in India is forecasted to grow by USD 1.42 billion 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.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 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
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 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 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 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
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized 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:
- ALDO Group Inc.
- 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 Group.
- Miraggio Lifestyles Pvt. Ltd.
- Odette E Retail Pvt. Ltd.
- Prada Spa
- Victorias Secret and Co.
- VIP Industries Ltd.
- Zouk
