Handbag Market Size, Share, Analysis Report

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

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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MARKET SNAPSHOT

Major Players

  • Calvin Klein Inc.
  • Fendi
  • Hermès International S.A.
  • Guccio Gucci S.p.A
  • Louis Vuitton Malletier
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    6

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    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

    • Tote Bag
    • Clutch
    • Satchel
    • Others

    Handbag Market, By Raw Material

    • Leather
    • Fabric
    • Others

    Handbag Market, By Distribution Channel

    • Online
    • Offline

    Handbag Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Handbag Market, By Company

    • 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

    The report covers:

    • Global Handbag market sizes from 2021 to 2027, along with CAGR for 2021-2026
    • Market size comparison for 2021 vs 2027, with actual data for 2021, estimates for 2020 and forecast from 2021 to 2027
    • Global Handbag market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Handbag market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    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.

    Reasons to Buy this Report:

    • Gain detailed insights on the Handbag industry trends
    • Find complete analysis on the market status
    • Identify the Handbag market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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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

    • Tote Bag
    • Clutch
    • Satchel
    • Others

    Handbag Market, By Raw Material

    • Leather
    • Fabric
    • Others

    Handbag Market, By Distribution Channel

    • Online
    • Offline

    Handbag Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the Worlld

    Got a question? We've got answers. If you have some other questions, see our support center.

    The segment included in the Handbag Market is Product, Raw Material, Distribution Channel and Region.
    Some key players operating in the Handbag Market include Calvin Klein Inc., Hermès International S.A., Fendi, Guccio Gucci S.p.A., Louis Vuitton Malletier , Kate Spade., F Hoffmann-La Roche Ag
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