Press release
Handbags Market Latest Growth, Development Trends and Forecast Report to 2025
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 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.
The global Handbags market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
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The major manufacturers covered in this report
Michael Kors
Coach
Burberry
Tory Burch
LVMH
D&G
Mulberry
Prada
Chanel
Hermès
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
North America
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Satchel
Bucket Bag
Clutch
Tote Bag
Backpack
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Departmental Store
Single-Branded Stores
Online
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In this study, the years considered to estimate the market size of Handbags are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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This report Mainly covers the following product types The segment applications including
Segment regions including (the separated region report can also be offered)
USA
China
Europe
South America
Japan
Africa
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The players list (Partly, Players you are interested in can also be added)
Channel
Hermes
Montagut
Armani
Dunhill
Prada
Gucci
LOUIS VUITTON
Santa Barbara Polo
Fendi
Samsonite
Tory Burch
Coach
MAC
Dior
Marc Jacobs
Wanlima
Burberry
Bobbi Brown
Givenchy
Kate Spade
Michael Kors
Goldlion
Septwolves
With no less than 15 top producers.
Data including (both global and regions): Market Size (both volume - K Units and…
