Handbag Market Size by Product (Tote Bag, Clutch, Satchel), By Raw Material (Leather, Fabric), By Distribution Channel (Online, Offline), (By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2022-2027
The Handbag Market is expected to be around US$ 86.95 Billion by 2027 at a CAGR of 7.21% in the given forecast period
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
6
REPORT DESCRIPTION
The Handbag Market is expected to be around US$ 86.95 Billion by 2027 at a CAGR of 7.21% in the given forecast period.
In the fashion industry, the handbag industry has always been a hot topic. Handbags are usually designed for women who are seen carrying them with style and matching them to their outfits. There are a few factors that drive the demand for handbags in the industry. Women are the primary users of handbags, and the increase in the female population has fuelled the handbags market's growth over the years. The handbags market has recently seen a change from larger totes to smaller totes, as well as a growing preference for off-price outlets, fuelled by demand from the brand-conscious millennial population. Furthermore, rising affluence in emerging economies and increased awareness of higher-end handbag brands have had a huge impact on the industry. Counterfeit handbags, on the other hand, are still a big constraint on the handbags industry. In addition, the handbag market's growth has been slowed by high import duties and growing store presence, as well as slowing global Economic growth.
The global Handbag market is segregated on the basis of Product as Tote Bag, Clutch, Satchel, and Others. Based on Raw Material the global Handbag market is segmented in Leather, Fabric, and Others. Based on Distribution Channel the global Handbag market is segmented in Online and Offline.
The global Handbag market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Handbag market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Calvin Klein Inc., Hermès International S.A., Fendi, Guccio Gucci S.p.A., Louis Vuitton Malletier , Kate Spade, Burberry , Prada S.p.A., Chanel Ltd , Coach IP Holdings LLC , and others are among the major players in the global Handbag market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Handbag market has been segmented as below:
Handbag Market, By Product
Handbag Market, By Raw Material
Handbag Market, By Distribution Channel
Handbag Market, By Region
Handbag Market, By Company
The report covers:
Report Scope:
The global Handbag market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Handbag market share. Major industry players with significant revenue share include Calvin Klein Inc., Hermès International S.A., Fendi, Guccio Gucci S.p.A. , Louis Vuitton Malletier , Kate Spade, Burberry , Prada S.p.A., Chanel Ltd , Coach IP Holdings LLC , and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Handbag Market, By Type
5.1 Introduction
5.2 Tote Bag
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Clutch
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Satchel
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Others
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Handbag Market, By Raw Material
6.1 Introduction
6.2 Leather
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Fabric
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Others
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Handbag Market, By Distribution Channel
7.1 Introduction
7.2 Online
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Offline
7.3.1 Market Overview
7.3.2 Market Size and Forecast
11. Handbag Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 North America Handbag, By Product
11.2.2 North America Handbag, By Raw Material
11.2.3 North America Handbag, By Distribution Channel
11.3 Europe
11.3.1 Europe Handbag, By Product
11.3.2 Europe Handbag, By Raw Material
11.3.3 Europe Handbag, By Distribution Channel
11.4 Asia-Pacific
11.4.1 Asia-Pacific Handbag, By Product
11.4.2 Asia-Pacific Handbag, By Raw Material
11.4.3 Asia-Pacific Handbag, By Distribution Channel
11.5 Rest of the World
11.5.1 Rest of the World Handbag, By Product
11.5.2 Rest of the World Handbag, By Raw Material
11.5.3 Rest of the World Handbag, By Distribution Channel
12. Competitive Insights
12.1 Key Insights
12.2 Company Market Share Analysis
12.3 Strategic Outlook
12.3.1 Mergers & Acquisitions
12.3.2 New Product Development
12.3.3 Portfolio/Production Capacity Expansions
12.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
12.3.5 Others
13. Company Profiles
13.1 Calvin Klein Inc.
13.1.1 Company Overview
13.1.2 Product/Service Landscape
13.1.3 Financial Overview
13.1.4 Recent Developments
13.2 Hermès International S.A.
13.2.1 Company Overview
13.2.2 Product/Service Landscape
13.2.3 Financial Overview
13.2.4 Recent Developments
13.3 Fendi
13.3.1 Company Overview
13.3.2 Product/Service Landscape
13.3.3 Financial Overview
13.3.4 Recent Developments
13.4 Guccio Gucci S.p.A.
13.4.1 Company Overview
13.4.2 Product/Service Landscape
13.4.3 Financial Overview
13.4.4 Recent Developments
13.5 Louis Vuitton Malletier
13.5.1 Company Overview
13.5.2 Product/Service Landscape
13.5.3 Financial Overview
13.5.4 Recent Developments
13.6 Kate Spade
13.6.1 Company Overview
13.6.2 Product/Service Landscape
13.6.3 Financial Overview
13.6.4 Recent Developments
13.7 Burberry
13.7.1 Company Overview
13.7.2 Product/Service Landscape
13.7.3 Financial Overview
13.7.4 Recent Developments
13.8 Prada S.p.A.
13.8.1 Company Overview
13.8.2 Product/Service Landscape
13.8.3 Financial Overview
13.8.4 Recent Developments
13.9 Chanel Ltd
13.9.1 Company Overview
13.9.2 Product/Service Landscape
13.9.3 Financial Overview
13.9.4 Recent Developments
13.10 Coach IP Holdings LLC
13.10.1 Company Overview
13.10.2 Product/Service Landscape
13.10.3 Financial Overview
13.10.4 Recent Developments
The Handbag market has been segmented as below:
Handbag Market, By Product
Handbag Market, By Raw Material
Handbag Market, By Distribution Channel
Handbag Market, By Region
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