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The handbags market is forecasted to grow by USD 16.56 bn during 2023-2028, accelerating at a CAGR of 4.79% 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 vendors, and increased fashion consciousness of consumers and spending on personal goods.
The handbags market is segmented as below:
By Type
- Leather
- Fabric
By Distribution Channel
- Offline
- Online
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 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
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies 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., Samantha Thavasa Japan Ltd., 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.
- Samantha Thavasa Japan Ltd.
- Samsonite International S.A.
- Tapestry Inc.
- The LVMH group
- Tory Burch LLC
