Press release
Handbag Market Size, Trends, Segmentation And Growth Report 2033
Handbag Market Size
As per the report, the handbag market size has grown strongly in recent years. It will grow from $58.5 billion in 2023 to $63.07 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The handbag market size is expected to see strong growth in the next few years. It will grow to $81.4 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=13669&type=smp
The Impact of Increasing Female Workforce on the Handbag Market
The increasing female workforce is expected to propel the growth of the handbag market going forward. Female workforce refers to the portion of the workforce that consists of women. It represents the women actively engaged in employment or labor within various industries, sectors, and professions. As women increasingly enter the workforce and attain financial independence, their purchasing power rises. This empowerment leads women to invest in accessories such as handbags, catering to professional needs and diverse social and recreational activities. For instance, in March 2023, according to the UK Parliament, a UK-based government body, from October to December 2022, the rate of female employment stood at 72.3%. Therefore, the increase in the female workforce is driving the growth of the handbag market.
The Stylish Tribeca Handbag Shaping the Market Landscape
Major companies operating in the handbag market are innovating new products such as stylish Tribeca handbag to increase their profitability in the market. The Tribeca handbag is a popular and stylish handbag. For instance, in January 2024, Michael Kors LLC, a US-based retail and design company launched Tribeca handbag. The Tribeca handbag serves as a fashionable accessory that effortlessly enhances any ensemble. Crafted from supple, quilted leather, it comes in diverse styles like cross-body and shoulder bags. This luxe and chic handbag is adorned with a polished push-lock fastening, imparting a touch of sophistication. Practicality meets style as it accommodates personal items such as a wallet, phone, and keys, making it an ideal and fashionable choice for everyday use.
The handbag market covered in this report is segmented -
1) By Product Type: Satchels, Clutches, Tote Bags, Bucket Bags
2) By Material: Leather, Fabric, Synthetic
3) By Distribution Channel: Online, Offline
4) By End User Analysis: Men Segment, Women Segment
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=13669&type=discount
Major companies operating in the handbag market report are VIP Industries Ltd., Louis Vuitton Malletier, H and M Hennes and Mauritz GBC AB, Chanel Ltd., Hermès International S.A, Fendi, Guccio Gucci S.p.A, Coach IP Holdings LLC, Tapestry, Inc., Victorias Secret and Co, Prada S.p.A, Michael Kors, Burberry, Calvin Klein Inc., ALDO Group Inc., Fossil Group Inc., Kate Spade, Zouk, Ted Bakerr, Loewe (LVMH), Zadig & Voltaire, BAGGIT, Tumi (Samsonite), Anya Hindmarch, Lino Perros, Da Milano Leathers Pvt. Ltd., Aranyani, Deeya International, MCM Worldwide, Proenza Schouler
Contents of the report:
1. Executive Summary
2. Handbag Market Report Structure
3. Handbag Market Trends And Strategies
4. Handbag Market - Macro Economic Scenario
5. Handbag Market Size And Growth
…..
27. Handbag Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/handbag-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Handbag Market Size, Trends, Segmentation And Growth Report 2033 here
News-ID: 3571669 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Handbag
Emerging Trends Influencing The Growth Of The Handbag Market: The Stylish Tribec …
The Handbag Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Handbag Market Size Expected to Be by 2034?
The handbag industry has seen robust expansion in the past few years. The market, currently valued at $63.07 billion in 2024, is projected to…
Key Influencer in the Handbag Market 2025: The Impact of Increasing Female Workf …
How Are the key drivers contributing to the expansion of the handbag market?
The growth of the handbag market is projected to be fueled by the expanding female workforce. The term female workforce is used to describe the segment of the labor force made up of women who are actively participating in employment across various industries, professions, and sectors. As more women join the workforce and gain financial stability, their purchasing…
How To Find A Handbag Manufacturer?
Finding the perfect handbag manufacturer can be a challenging endeavor, especially when aiming to balance quality, customization, and luxury. XL International USA LLC offers expert guidance on this journey, helping you navigate through the myriad of options to connect with top-tier custom leather bag manufacturers and luxury bag manufacturers.
Whether you're looking to create unique, bespoke designs or seeking to ensure the highest standards of craftsmanship for your luxury brand,…
Handbag Market
Handbag Market was valued at US$ 52.87 Bn. in 2022. Global Handbag Market size is expected to grow at a CAGR of 6.69 % through the forecast period.
Handbag Market Report Scope and Research Methodology
The comprehensive analysis report offers valuable insights into the dynamics, trends, and future prospects of the Handbag industry during the forecast period. It covers key market drivers, challenges, and recent developments, along with demand trends, growth stimulators,…
Global Ladies Handbag Market 2017
The report entitled Global Ladies Handbag Market 2017 presents key insights into the global Ladies Handbag market along with the latest up-to-date industry details and forthcoming Ladies Handbag industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability.
Report Keynotes:
The main motive of the report on "Global Ladies Handbag Market 2017" is to study comprehensive details of the market…
Two Lips Launches Handbag Collection
NEW YORK (March 15, 2011) – Women’s Contemporary Brand Expands Product Line. Pacific Group, a licensee of Two Lips, announces the debut of the brand’s handbag collection. Known for its contemporary footwear designs, Two Lips caters to the sophisticated young professional.
“The Two Lips handbag launch needed to be an extension of an already successful footwear brand,” said Teri Santella, Pacific Group President of All Branded Divisions of All Handbags and…
