Handbag Market by Distribution Channel, Type, and Geography - Forecast and Analysis 2021-2025
- Published: Aug 2021
- Pages: 120
- SKU: IRTNTR70869
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The handbag market has the potential to grow by USD 12.08 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4.45%.
This handbag market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by distribution channel (offline and online), type (leather and others), and geography (APAC, North America, Europe, South America, and MEA). The handbag market report also offers information on several market vendors, including Burberry Group Plc, Capri Holdings Ltd., CHANEL Ltd., Kering SA, LVMH Moet Hennessy - Louis Vuitton, PRADA Group, PVH Corp., Samsonite International SA, Tapestry Inc., and Ted Baker among others.
What will the Handbag Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Handbag Market
Handbag Market: Key Drivers and Trends
The increasing investment potential in luxury handbags is notably driving the handbag market growth, although factors such as fluctuating operational costs, including labor, logistics, and raw material costs may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the handbag market industry get your FREE report sample now.
This handbag market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Handbag Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Burberry Group Plc
- Capri Holdings Ltd.
- CHANEL Ltd.
- Kering SA
- LVMH Moet Hennessy - Louis Vuitton
- PRADA Group
- PVH Corp.
- Samsonite International SA
- Tapestry Inc.
- Ted Baker
The handbag market is fragmented and the vendors are deploying growth strategies such as increasing product offerings to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the handbag market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Handbag Market?
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43% of the market’s growth will originate from APAC during the forecast period. China is the key market for handbag market in APAC. Market growth in this region will be faster than the growth of the market in regions. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating Distribution Channel Segments in the Handbag Market?
To gain further insights on the market contribution of various segments Request for a FREE sample
The handbag market share growth by the offline segment will be significant during the forecast period. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the handbag market size.
What are the Key Factors Covered in this Handbag Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive handbag market growth during the next five years
- Precise estimation of the handbag market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the handbag market industry across APAC, North America, Europe, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of handbag market vendors
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Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Offline - Market size and forecast 2020-2025
- Online - Market size and forecast 2020-2025
- Market opportunity by Distribution channel
Market Segmentation by Type
- Market segments
- Comparison by Type
- Leather - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Type
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Burberry Group Plc
- Capri Holdings Ltd.
- CHANEL Ltd.
- Kering SA
- LVMH Moet Hennessy - Louis Vuitton
- PRADA Group
- PVH Corp.
- Samsonite International SA
- Tapestry Inc.
- Ted Baker
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- China
- Germany
- UK
- France
- Increasing investment potential in luxury handbags
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