Press release
Global Ladies Handbag Market to Witness a Pronounce Growth During 2023
The Europe is the largest market of ladies handbag, which occupies average 36.55 percent of global ladies handbag procedures per year. It is followed by US and China, which respectively have around 35 percent of the global total industry. Other main regions which take important part in this industry include Japan and South America.
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Global Ladies Handbag Market: Forecast by Type / Application / Region
According to the research, the most potential market in the main countries of ladies handbag industry is China, determined by its rapid growth of number of procedures. Besides, Southeast Asia, Middle East and India should also be focused by the investors. They are the potential consumers of ladies handbag. India is also a rapidly developing economy.
The market of the ladies handbag is growing fast due to people’s more attention on their beauty. At the same time, the practicability of the product also makes great contributions to the development of the ladies handbag.
The practicability market is consolidated in nature. Various players are adopting competitive strategies such as collaborations, acquisitions and capitalizing untapped opportunities in the emerging economies of India and China, to sustain and gain market penetration across the globe. Some key players of this market include Dior, LVMH, Coach, Kering, Prada, Michael Kors, Hermes, Chanel, Richemont , Kate Spade, Burberry, Tory Burch, Septwolves, Fion, Wanlima.
Over the next five years, LPI(LP Information) projects that Ladies Handbag will register a 2.6% CAGR in terms of revenue, reach US$ 27800 million by 2023, from US$ 23900 million in 2017.
Global Ladies Handbag Market: Key Players
Dior
LVMH
Coach
Kering
Prada Group
Michael Kors
Hermes
Chanel
Richemont Group
Kate Spade
Burberry
Tory Burch
Septwolves
Fion
Goldlion
Wanlima
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Related Information:
United States Ladies Handbag Market Research Report 2018
Europe Ladies Handbag Market Research Report 2018
North America Ladies Handbag Market Research Report 2018
Asia-Pacific Ladies Handbag Market Research Report 2018
China Ladies Handbag Market Research Report 2018
EMEA Ladies Handbag Market Research Report 2018
Global Ladies Handbag Market Research Report 2018
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