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Handbags-Global Market Insights and Sales Trends 2024
Synopsis
Handbags are fashionably designed handheld bag used to carry essential items of personal use. Typically, these handbags are larger than a purse or pouch. Handbags are accessories that are used to hold objects such as currency and other personal items. The handbags industry is experiencing a boom, with designer handbags and other varieties commanding thousands of dollars. Handbags are essentially bags that also include purses, satchels, and wallets among others that come in a variety of sizes and are a product of certain fashion designs. Handbags are considered to be some important accessory in the fashion world, especially for women and are considered as a completion piece in the woman’s wardrobe.
The global Handbags market size is expected to reach US$ 50710 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of Handbags in various end use industries. The expanding demands from the Departmental Store, Single-Branded Stores and Online,, are propelling Handbags market. Satchel, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bucket Bag segment is estimated at % CAGR for the next seven-year period.
The handbags market is a popular product and manufacturers of the premium brands of handbags face heavy competition globally and they need to keep up to the demand and consumer preference of the global handbag market. North America, Europe, Asia- Pacific, Latin America, Middle East and Africa manufacture and sell handbags. Owing to its rising demand, manufacturers of the handbags are spending on preparing better quality handbag products and are using improved leather and chains. North America followed Europe handbags market are the leading regions globally that are reported to heavily purchase handbags as they are more trendy and have more purchasing power. Other regions like the Asia-Pacific, Latin America, Middle East and Africa are also reported to show a remarkable growth in the consumption of the handbags due to their adoption of culture from the western countries. The strategic pricing of the handbag products has attracted the customers with unique selling ideas and have contributed massively in the handbags industry.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Handbags, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Handbags market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Handbags market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Handbags sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Handbags covered in this report include Michael Kors, Coach, Burberry, Tory Burch, LVMH, D&G, Mulberry, Prada and Chanel, etc.
The global Handbags market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Michael Kors
Coach
Burberry
Tory Burch
LVMH
D&G
Mulberry
Prada
Chanel
Hermès
Global Handbags market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Handbags market, Segment by Type:
Satchel
Bucket Bag
Clutch
Tote Bag
Backpack
Baguette Bag
Hobo Bag
Athletic Bags
Global Handbags market, by Application
Departmental Store
Single-Branded Stores
Online
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Handbags manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Handbags in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Handbags are fashionably designed handheld bag used to carry essential items of personal use. Typically, these handbags are larger than a purse or pouch. Handbags are accessories that are used to hold objects such as currency and other personal items. The handbags industry is experiencing a boom, with designer handbags and other varieties commanding thousands of dollars. Handbags are essentially bags that also include purses, satchels, and wallets among others that come in a variety of sizes and are a product of certain fashion designs. Handbags are considered to be some important accessory in the fashion world, especially for women and are considered as a completion piece in the woman’s wardrobe.
The global Handbags market size is expected to reach US$ 50710 million by 2029, growing at a CAGR of 4.3% from 2023 to 2029. The market is mainly driven by the significant applications of Handbags in various end use industries. The expanding demands from the Departmental Store, Single-Branded Stores and Online,, are propelling Handbags market. Satchel, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bucket Bag segment is estimated at % CAGR for the next seven-year period.
The handbags market is a popular product and manufacturers of the premium brands of handbags face heavy competition globally and they need to keep up to the demand and consumer preference of the global handbag market. North America, Europe, Asia- Pacific, Latin America, Middle East and Africa manufacture and sell handbags. Owing to its rising demand, manufacturers of the handbags are spending on preparing better quality handbag products and are using improved leather and chains. North America followed Europe handbags market are the leading regions globally that are reported to heavily purchase handbags as they are more trendy and have more purchasing power. Other regions like the Asia-Pacific, Latin America, Middle East and Africa are also reported to show a remarkable growth in the consumption of the handbags due to their adoption of culture from the western countries. The strategic pricing of the handbag products has attracted the customers with unique selling ideas and have contributed massively in the handbags industry.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Handbags, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Handbags market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Handbags market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Handbags sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Handbags covered in this report include Michael Kors, Coach, Burberry, Tory Burch, LVMH, D&G, Mulberry, Prada and Chanel, etc.
The global Handbags market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Michael Kors
Coach
Burberry
Tory Burch
LVMH
D&G
Mulberry
Prada
Chanel
Hermès
Global Handbags market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Handbags market, Segment by Type:
Satchel
Bucket Bag
Clutch
Tote Bag
Backpack
Baguette Bag
Hobo Bag
Athletic Bags
Global Handbags market, by Application
Departmental Store
Single-Branded Stores
Online
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Handbags manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Handbags in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Handbags Market Overview
1.1 Handbags Product Overview
1.2 Handbags Market Segment by Type
1.2.1 Satchel
1.2.2 Bucket Bag
1.2.3 Clutch
1.2.4 Tote Bag
1.2.5 Backpack
1.2.6 Baguette Bag
1.2.7 Hobo Bag
1.2.8 Athletic Bags
1.3 Global Handbags Market Size by Type
1.3.1 Global Handbags Market Size Overview by Type (2018-2029)
1.3.2 Global Handbags Historic Market Size Review by Type (2018-2023)
1.3.3 Global Handbags Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Handbags Sales Breakdown by Type (2018-2023)
1.4.2 Europe Handbags Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Handbags Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Handbags Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Handbags Sales Breakdown by Type (2018-2023)
2 Global Handbags Market Competition by Company
2.1 Global Top Players by Handbags Sales (2018-2023)
2.2 Global Top Players by Handbags Revenue (2018-2023)
2.3 Global Top Players by Handbags Price (2018-2023)
2.4 Global Top Manufacturers Handbags Manufacturing Base Distribution, Sales Area, Product Type
2.5 Handbags Market Competitive Situation and Trends
2.5.1 Handbags Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Handbags Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Handbags as of 2022)
2.7 Date of Key Manufacturers Enter into Handbags Market
2.8 Key Manufacturers Handbags Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Handbags Status and Outlook by Region
3.1 Global Handbags Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Handbags Historic Market Size by Region
3.2.1 Global Handbags Sales in Volume by Region (2018-2023)
3.2.2 Global Handbags Sales in Value by Region (2018-2023)
3.2.3 Global Handbags Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Handbags Forecasted Market Size by Region
3.3.1 Global Handbags Sales in Volume by Region (2024-2029)
3.3.2 Global Handbags Sales in Value by Region (2024-2029)
3.3.3 Global Handbags Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Handbags by Application
4.1 Handbags Market Segment by Application
4.1.1 Departmental Store
4.1.2 Single-Branded Stores
4.1.3 Online
4.2 Global Handbags Market Size by Application
4.2.1 Global Handbags Market Size Overview by Application (2018-2029)
4.2.2 Global Handbags Historic Market Size Review by Application (2018-2023)
4.2.3 Global Handbags Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Handbags Sales Breakdown by Application (2018-2023)
4.3.2 Europe Handbags Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Handbags Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Handbags Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Handbags Sales Breakdown by Application (2018-2023)
5 North America Handbags by Country
5.1 North America Handbags Historic Market Size by Country
5.1.1 North America Handbags Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Handbags Sales in Volume by Country (2018-2023)
5.1.3 North America Handbags Sales in Value by Country (2018-2023)
5.2 North America Handbags Forecasted Market Size by Country
5.2.1 North America Handbags Sales in Volume by Country (2024-2029)
5.2.2 North America Handbags Sales in Value by Country (2024-2029)
6 Europe Handbags by Country
6.1 Europe Handbags Historic Market Size by Country
6.1.1 Europe Handbags Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Handbags Sales in Volume by Country (2018-2023)
6.1.3 Europe Handbags Sales in Value by Country (2018-2023)
6.2 Europe Handbags Forecasted Market Size by Country
6.2.1 Europe Handbags Sales in Volume by Country (2024-2029)
6.2.2 Europe Handbags Sales in Value by Country (2024-2029)
7 Asia-Pacific Handbags by Region
7.1 Asia-Pacific Handbags Historic Market Size by Region
7.1.1 Asia-Pacific Handbags Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Handbags Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Handbags Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Handbags Forecasted Market Size by Region
7.2.1 Asia-Pacific Handbags Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Handbags Sales in Value by Region (2024-2029)
8 Latin America Handbags by Country
8.1 Latin America Handbags Historic Market Size by Country
8.1.1 Latin America Handbags Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Handbags Sales in Volume by Country (2018-2023)
8.1.3 Latin America Handbags Sales in Value by Country (2018-2023)
8.2 Latin America Handbags Forecasted Market Size by Country
8.2.1 Latin America Handbags Sales in Volume by Country (2024-2029)
8.2.2 Latin America Handbags Sales in Value by Country (2024-2029)
9 Middle East and Africa Handbags by Country
9.1 Middle East and Africa Handbags Historic Market Size by Country
9.1.1 Middle East and Africa Handbags Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Handbags Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Handbags Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Handbags Forecasted Market Size by Country
9.2.1 Middle East and Africa Handbags Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Handbags Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Michael Kors
10.1.1 Michael Kors Company Information
10.1.2 Michael Kors Introduction and Business Overview
10.1.3 Michael Kors Handbags Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Michael Kors Handbags Products Offered
10.1.5 Michael Kors Recent Development
10.2 Coach
10.2.1 Coach Company Information
10.2.2 Coach Introduction and Business Overview
10.2.3 Coach Handbags Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Coach Handbags Products Offered
10.2.5 Coach Recent Development
10.3 Burberry
10.3.1 Burberry Company Information
10.3.2 Burberry Introduction and Business Overview
10.3.3 Burberry Handbags Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Burberry Handbags Products Offered
10.3.5 Burberry Recent Development
10.4 Tory Burch
10.4.1 Tory Burch Company Information
10.4.2 Tory Burch Introduction and Business Overview
10.4.3 Tory Burch Handbags Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Tory Burch Handbags Products Offered
10.4.5 Tory Burch Recent Development
10.5 LVMH
10.5.1 LVMH Company Information
10.5.2 LVMH Introduction and Business Overview
10.5.3 LVMH Handbags Sales, Revenue and Gross Margin (2018-2023)
10.5.4 LVMH Handbags Products Offered
10.5.5 LVMH Recent Development
10.6 D&G
10.6.1 D&G Company Information
10.6.2 D&G Introduction and Business Overview
10.6.3 D&G Handbags Sales, Revenue and Gross Margin (2018-2023)
10.6.4 D&G Handbags Products Offered
10.6.5 D&G Recent Development
10.7 Mulberry
10.7.1 Mulberry Company Information
10.7.2 Mulberry Introduction and Business Overview
10.7.3 Mulberry Handbags Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Mulberry Handbags Products Offered
10.7.5 Mulberry Recent Development
10.8 Prada
10.8.1 Prada Company Information
10.8.2 Prada Introduction and Business Overview
10.8.3 Prada Handbags Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Prada Handbags Products Offered
10.8.5 Prada Recent Development
10.9 Chanel
10.9.1 Chanel Company Information
10.9.2 Chanel Introduction and Business Overview
10.9.3 Chanel Handbags Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Chanel Handbags Products Offered
10.9.5 Chanel Recent Development
10.10 Hermès
10.10.1 Hermès Company Information
10.10.2 Hermès Introduction and Business Overview
10.10.3 Hermès Handbags Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Hermès Handbags Products Offered
10.10.5 Hermès Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Handbags Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Handbags Industrial Chain Analysis
11.4 Handbags Market Dynamics
11.4.1 Handbags Industry Trends
11.4.2 Handbags Market Drivers
11.4.3 Handbags Market Challenges
11.4.4 Handbags Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Handbags Distributors
12.3 Handbags Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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