Luxury Handbags Market Research Report: Information by Type (Clutches, Crossbody Bags, Shoulder Bags, Satchels, Hobo Bags, Tote Bags, Briefcases and others), Material Type (Leather, Cotton, Synthetic and others), Consumer Group (Men, Women and Unisex), Distribution Channel (Store-Based and Non-Store-Based) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027
ID: MRFR/CR/6450-HCR | February 2021 | Region: Global | 90 Pages
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Function
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce
4.1.4 End Users
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitutes
4.2.5 Rivalry
5 Market Dynamics of Global Luxury Handbags Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
6. Global Luxury Handbags Market, by Type
6.1 Introduction
6.2 Clutches
6.2.1 Market Estimates & Forecast, 2019–2027
6.2.2 Market Estimates & Forecast, by Region, 2019–2027
6.3 Crossbody Bags
6.3.1 Market Estimates & Forecast, 2019–2027
6.3.2 Market Estimates & Forecast, by Region, 2019–2027
6.4 Shoulder Bags
6.4.1 Market Estimates & Forecast, 2019–2027
6.4.2 Market Estimates & Forecast, by Region, 2019–2027
6.5 Satchels
6.5.1 Market Estimates & Forecast, 2019–2027
6.5.2 Market Estimates & Forecast, by Region, 2019–2027
6.6 Hobo Bags
6.6.1 Market Estimates & Forecast, 2019–2027
6.6.2 Market Estimates & Forecast, by Region, 2019–2027
6.7 Tote Bags
6.7.1 Market Estimates & Forecast, 2019–2027
6.7.2 Market Estimates & Forecast, by Region, 2019–2027
6.8 Briefcases
6.8.1 Market Estimates & Forecast, 2019–2027
6.8.2 Market Estimates & Forecast, by Region, 2019–2027
6.9 Others
6.9.1 Market Estimates & Forecast, 2019–2027
6.9.2 Market Estimates & Forecast, by Region, 2019–2027
7. Global Luxury Handbags Market, by Material Type
7.1 Introduction
7.2 Leather
7.2.1 Market Estimates & Forecast, 2019–2027
7.2.2 Market Estimates & Forecast, by Region, 2019–2027
7.2.3 Tumbled
7.2.3.1 Market Estimates & Forecast, 2019–2027
7.2.3.2 Market Estimates & Forecast, by Region, 2019–2027
7.2.4 Suede
7.2.4.1 Market Estimates & Forecast, 2019–2027
7.2.4.2 Market Estimates & Forecast, by Region, 2019–2027
7.2.5 Nappa
7.2.5.1 Market Estimates & Forecast, 2019–2027
7.2.5.2 Market Estimates & Forecast, by Region, 2019–2027
7.2.6 Others
7.2.6.1 Market Estimates & Forecast, 2019–2027
7.2.6.2 Market Estimates & Forecast, by Region, 2019–2027
7.3 Cotton
7.3.1 Market Estimates & Forecast, 2019–2027
7.3.2 Market Estimates & Forecast, by Region, 2019–2027
7.4 Synthetic
7.4.1 Market Estimates & Forecast, 2019–2027
7.4.2 Market Estimates & Forecast, by Region, 2019–2027
7.5 Others
7.5.1 Market Estimates & Forecast, 2019–2027
7.5.2 Market Estimates & Forecast, by Region, 2019–2027
8. Global Luxury Handbags Market, by Consumer Group
8.1 Introduction
8.2 Men
8.2.1 Market Estimates & Forecast, 2019–2027
8.2.2 Market Estimates & Forecast, by Region, 2019–2027
8.3 Women
8.3.1 Market Estimates & Forecast, 2019–2027
8.3.2 Market Estimates & Forecast, by Region, 2019–2027
. 8.4 Unisex
8.4.1 Market Estimates & Forecast, 2019–2027
8.3.2 Market Estimates & Forecast, by Region, 2019–2027
9. Global Luxury Handbags Market, by Distribution Channel
9.1 Introduction
9.2 Store-Based
9.2.1 Market Estimates & Forecast, 2019–2027
9.2.2 Market Estimates & Forecast, by Region, 2019–2027
9.2.3 Hypermarkets & Supermarkets
9.2.3.1 Market Estimates & Forecast, 2019–2027
9.2.3.2 Market Estimates & Forecast, by Region, 2019–2027
9.2.4 Specialty Stores
9.2.4.1 Market Estimates & Forecast, 2019–2027
9.2.4.2 Market Estimates & Forecast, by Region, 2019–2027
9.2.5 Others
9.2.5.1 Market Estimates & Forecast, 2019–2027
9.2.5.2 Market Estimates & Forecast, by Region, 2019–2027
9.3 Non-Store-Based
9.3.1 Market Estimates & Forecast, 2019–2027
9.3.2 Market Estimates & Forecast, by Region, 2019–2027
10. Global Luxury Handbags Market, by Region
10.1 Introduction
10.2 North America
10.2.1 Market Estimates & Forecast, 2019–2027
10.2.2 Market Estimates & Forecast, by Type, 2019–2027
10.2.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.2.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.2.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.2.6 US
10.2.6.1 Market Estimates & Forecast, 2019–2027
10.2.6.2 Market Estimates & Forecast, by Type, 2019–2027
10.2.6.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.2.6.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.2.6.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.2.7 Canada
10.2.7.1 Market Estimates & Forecast, 2019–2027
10.2.7.2 Market Estimates & Forecast, by Type, 2019–2027
10.2.6.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.2.6.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.2.6.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.2.8 Mexico
10.2.8.1 Market Estimates & Forecast, 2019–2027
10.2.8.2 Market Estimates & Forecast, by Type, 2019–2027
10.2.6.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.2.6.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.2.6.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.3 Europe
10.3.1 Market Estimates & Forecast, 2019–2027
10.3.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.3.6 Germany
10.3.6.1 Market Estimates & Forecast, 2019–2027
10.3.6.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.6.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.6.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.6.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.3.7 France
10.3.7.1 Market Estimates & Forecast, 2019–2027
10.3.7.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.7.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.7.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.7.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.3.8 Italy
10.3.8.1 Market Estimates & Forecast, 2019–2027
10.3.8.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.8.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.8.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.8.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.3.9 UK
10.3.9.1 Market Estimates & Forecast, 2019–2027
10.3.9.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.9.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.9.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.9.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.3.10 Spain
10.3.10.1 Market Estimates & Forecast, 2019–2027
10.3.10.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.10.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.10.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.10.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.3.11 Rest of Europe
10.3.11.1 Market Estimates & Forecast, 2019–2027
10.3.11.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.11.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.11.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.11.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.4 Asia-Pacific
10.4.1 Market Estimates & Forecast, 2019–2027
10.4.2 Market Estimates & Forecast, by Type, 2019–2027
10.4.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.4.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.4.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.4.6 China
10.4.6.1 Market Estimates & Forecast, 2019–2027
10.3.6.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.6.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.6.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.6.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.4.7 India
10.4.7.1 Market Estimates & Forecast, 2019–2027
10.3.7.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.7.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.7.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.7.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.4.8 Japan
10.4.8.1 Market Estimates & Forecast, 2019–2027
10.3.8.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.8.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.8.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.8.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.4.9 Rest of Asia-Pacific
10.4.9.1 Market Estimates & Forecast, 2019–2027
10.3.9.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.9.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.9.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.9.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.5 Rest of the World (RoW)
10.5.1 Market Estimates & Forecast, 2019–2027
10.5.2 Market Estimates & Forecast, by Type, 2019–2027
10.5.3 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.5.4 Market Estimates & Forecast, by Type, 2019–2027
10.5.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.5.6 South America
10.5.6.1 Market Estimates & Forecast, 2019–2027
10.3.6.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.6.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.6.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.6.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.5.7 Middle East
10.5.7.1 Market Estimates & Forecast, 2019–2027
10.3.7.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.7.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.7.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.7.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
10.5.8 Africa
10.5.8.1 Market Estimates & Forecast, 2019–2027
10.3.8.2 Market Estimates & Forecast, by Type, 2019–2027
10.3.8.3 Market Estimates & Forecast, by Material Type, 2019–2027
10.3.8.4 Market Estimates & Forecast, by Consumer Group, 2019–2027
10.3.8.5 Market Estimates & Forecast, by Distribution Channel, 2019–2027
11. Company Landscape
11.1 Introduction
11.2 Market Strategy
11.3 Key Development Analysis
(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)
12. Company Profiles
12.1 Louis Vuitton
12.1.1 Company Overview
12.1.2 Financial Updates
12.1.3 Product/Business Segment Overview
12.1.4 Strategy
12.1.5 Key Developments
12.1.6 SWOT Analysis
12.2 Atelier
12.2.1 Company Overview
12.2.2 Financial Updates
12.2.3 Product/Business Segment Overview
12.2.4 Strategy
12.2.5 Key Developments
12.2.6 SWOT Analysis
12.3 Prada S.p.A
12.3.1 Company Overview
12.3.2 Financial Updates
12.3.3 Product/Business Segment Overview
12.3.4 Strategy
12.3.5 Key Developments
12.3.6 SWOT Analysis
12.4 Dolce & Gabbana S.R.L.
12.4.1 Company Overview
12.4.2 Financial Updates
12.4.3 Product/Business Segment Overview
12.4.4 Strategy
12.4.5 Key Developments
11.4.6 SWOT Analysis
12.5 Chanel S.A.
12.5.1 Company Overview
12.5.2 Financial Updates
12.5.3 Product/Business Segment Overview
12.5.4 Strategy
12.5.5 Key Developments
12.5.6 SWOT Analysis
12.6 Burberry Group PLC
12.6.1 Company Overview
12.6.2 Financial Updates
12.6.3 Product/Business Segment Overview
12.6.4 Strategy
12.6.5 Key Developments
12.6.6 SWOT Analysis
12.7 Giorgio Armani S.p.A
12.7.1 Company Overview
12.7.2 Financial Updates
12.7.3 Product/Business Segment Overview
12.7.4 Strategy
12.7.5 Key Developments
12.7.6 SWOT Analysis
12.8 Guccio Gucci S.p.A
12.8.1 Company Overview
12.8.2 Financial Updates
12.8.3 Product/Business Segment Overview
12.8.4 Strategy
12.8.5 Key Developments
12.8.6 SWOT Analysis
12.9 Cartier International SNC
12.9.1 Company Overview
12.9.2 Financial Updates
12.9.3 Product/Business Segment Overview
12.9.4 Strategy
12.9.5 Key Developments
12.9.6 SWOT Analysis
12.10 MCM Worldwide
12.10.1 Company Overview
12.10.2 Financial Updates
12.10.3 Product/Business Segment Overview
12.10.4 Strategy
12.10.5 Key Developments
12.10.6 SWOT Analysis
12.11 Michael Kors GmbH
12.11.1 Company Overview
12.11.2 Financial Updates
12.11.3 Product/Business Segment Overview
12.11.4 Strategy
12.11.5 Key Developments
12.11.6 SWOT Analysis
12.12 Tory Burch LLC
12.12.1 Company Overview
12.12.2 Financial Updates
12.12.3 Product/Business Segment Overview
12.12.4 Strategy
12.12.5 Key Developments
12.12.6 SWOT Analysis
12.13 PVH Corp.
12.13.1 Company Overview
12.13.2 Financial Updates
12.13.3 Product/Business Segment Overview
12.13.4 Strategy
12.13.5 Key Developments
12.13.6 SWOT Analysis
12.14 Valentino S.p.A.
12.14.1 Company Overview
12.14.2 Financial Updates
12.14.3 Product/Business Segment Overview
12.14.4 Strategy
12.14.5 Key Developments
12.14.6 SWOT Analysis
12.15 Ralph Lauren Corporation
12.15.1 Company Overview
12.15.2 Financial Updates
12.15.3 Product/Business Segment Overview
12.15.4 Strategy
12.15.5 Key Developments
12.15.6 SWOT Analysis
13. Conclusion
LIST OF TABLES
TABLE 1 Global Luxury Handbags Market, by Region, 2019–2023 (USD Million)
TABLE 2 Global Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 3 Global Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 4 Global Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 5 Global Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 6 North America: Luxury Handbags Market, by Country, 2019–2023 (USD Million)
TABLE 7 North America: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 8 North America: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 9 North America: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 10 North America: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 11 US: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 12 US: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 13 US: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 14 US: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 15 Canada: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 16 Canada: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 17 Canada: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 18 Canada: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 19 Mexico: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 20 Mexico: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 21 Mexico: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 22 Mexico: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 23 Europe: Luxury Handbags Market, by Country, 2019–2023 (USD Million)
TABLE 24 Europe: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 25 Europe: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 26 Europe: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 27 Europe: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 28 Germany: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 29 Germany: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 30 Germany: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 31 Germany: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 32 France: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 33 France: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 34 France: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 35 France: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 36 Italy: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 37 Italy: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 38 Italy: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 39 Italy: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 40 Spain: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 41 Spain: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 42 Spain: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 43 Spain: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 44 UK: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 45 UK: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 46 UK: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 47 UK: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 48 Rest of Europe: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 49 Rest of Europe: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 50 Rest of Europe: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 51 Rest of Europe: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 52 Asia-Pacific: Luxury Handbags Market, by Country, 2019–2023 (USD Million)
TABLE 53 Asia-Pacific: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 54 Asia-Pacific: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 55 Asia-Pacific: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 56 Asia-Pacific: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 57 China: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 58 China: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 59 China: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 60 China: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 61 India: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 62 India: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 63 India: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 64 India: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 65 Japan: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 66 Japan: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 67 Japan: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 68 Japan: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 69 Australia & New Zealand: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 70 Australia & New Zealand: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 71 Australia & New Zealand: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 72 Australia & New Zealand: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 73 Rest of Asia-Pacific: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 74 Rest of Asia-Pacific: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 75 Rest of Asia-Pacific: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 76 Rest of Asia-Pacific: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 77 Rest of the World (RoW): Luxury Handbags Market, by Country, 2019–2023 (USD Million)
TABLE 78 Rest of the World (RoW): Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 79 Rest of the World (RoW): Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 80 Rest of the World (RoW): Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 81 Rest of the World (RoW): Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 82 South America: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 83 South America: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 84 South America: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 85 South America: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 86 Middle East: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 87 Middle East: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 88 Middle East: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 89 Middle East: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
TABLE 90 Africa: Luxury Handbags Market, by Type, 2019–2023 (USD Million)
TABLE 91 Africa: Luxury Handbags Market, by Material Type,2019–2023 (USD Million)
TABLE 92 Africa: Luxury Handbags Market, by Consumer Group, 2019–2023 (USD Million)
TABLE 93 Africa: Luxury Handbags Market, by Distribution Channel, 2019–2023 (USD Million)
LIST OF FIGURES
FIGURE 1 Global Luxury Handbags Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Porter’s Five Forces Analysis of Global Luxury Handbags Market
FIGURE 4 Value Chain of Global Luxury Handbags Market
FIGURE 5 Share of Global Luxury Handbags Market in 2019, by Country (%)
FIGURE 6 Global Luxury Handbags Market, by Region, 2019–2027
FIGURE 7 Global Luxury Handbags Market Size, by Type, 2019
FIGURE 9 Share of Global Luxury Handbags Market, by Type, 2019–2027 (%)
FIGURE 10 Global Luxury Handbags Market Size, by Material Type, 2019
FIGURE 11 Share of Global Luxury Handbags Market, by Material Type, 2019–2027 (%)
FIGURE 12 Global Luxury Handbags Market Size, by Consumer Group, 2019
FIGURE 13 Share of Global Luxury Handbags Market, by Consumer Group, 2019–2027 (%)
FIGURE 14 Global Luxury Handbags Market Size, by Distribution Channel, 2019
FIGURE 15 Share of Global Luxury Handbags Market, by Distribution Channel, 2019–2027 (%)
Luxury Handbags Market
The Luxury Handbags Market Size is estimated to reach USD 41 billion at a CAGR of 7.21% by the end of 2027. As the personal disposable income of individuals increases, consumers tend to switch toward luxury items as they are considered as a status symbol.
$41 billion
Market Size
7.21%
CAGR
European
Dominating Region
2020 - 2027
Forecast Period
Segmentation
Key Players
- PVH Corp. (US)
- MCM Worldwide (Germany)
- Michael Kors GmbH (Switzerland)
- Ralph Lauren Corporation (US)
- Cartier International SNC (France)
- Guccio Gucci S.p.A. (Italy)
- Giorgio Armani S.p.A. (Italy)
- Valentino S.p.A. (Italy)
- Burberry Group PLC (UK)
- Chanel S.A. (France)
- Dolce & Gabbana S.R.L. (Italy)
- Prada S.p.A. (Italy)
- Atelier (US)
- Louis Vuitton (France)
- Tory Burch LLC (US)
Drivers
- High per capita disposable incomes and the presence of major brands are driving the demand for luxury handbags
Luxury Handbags Market Overview:
The Luxury Handbags Market Size is estimated to reach USD 41 billion at a CAGR of 7.21% by the end of 2027. As the personal disposable income of individuals increases, consumers tend to switch toward luxury items as they are considered as a status symbol. Handbags also come in this category which depicts the status of an individual. Those handbags that come under the category of luxury are generally produced are the finest in the material used as well as in design. The high cost associated with luxury handbags is due to the high cost involved with the material used. These bags are designed by professional stylists and use the best leather available.
COVID 19 Analysis of Luxury Handbags Market
The global pandemic of COVID 19 has affected a large section of society. Most people have lost their livelihood because of this global pandemic. It has affected the growth and dynamics of several industries. Owing to the shortage of vaccines, everyone is concerned about their immunity and follows social distancing. But most of the manufacturing units all over the world were shut down during the lockdown situation has affected the sales revenue. The supply chain network was also disrupted which decreased the profit margin.
However, the luxury handbags market is expected to recover from this global pandemic situation by the end of the third quarter of the coming year by properly strategizing according to the needs of the market.
Market Dynamics
Drivers
Various factors drive the demand for luxury handbags market in the global market. Increasing per capita disposable income in various emerging countries drives the demand in the global market. Also, the presence of various top brands in almost all regions boosts the demand in the global market. An increasing percentage of working women in the North American region, the Asia-Pacific region, and the European region drive the market demand in the global market. Growing the fashion industry in emerging countries propels the market growth.
Opportunities
The rise in demand for luxury handbags market in the global market. Changing fashion trends and the increasing number of customers for luxury items in the Asia-Pacific region create more growth opportunities in the global market during the forecasted period. Increasing trade of various luxury items including handbags in various emerging countries like China and India are increasing which results in expansion of sales revenue which increases the growth opportunities during the forecasted period.
Restraints
Though the luxury handbags market is increasing at an increasing rate some factors restrict its growth in the global market. Increasing demand for substitutes of handbags like drawstring bags, briefcases, and bag-packs restricts the growth of luxury handbags in the global market. Also, the increasing use of leather restricts the market growth as many emerging countries have stringent rules regarding the use of leather in their economies which hamper the market growth in the global market. High costs associated with these luxury items also restrict the market growth as these are not affordable by all.
Value Chain Analysis
The luxury handbags market is growing rapidly in the global market owing to various benefits associated with it. It acts as a social symbol in society. It also enhances the overlook of the wardrobe. Moreover, changing lifestyle and increasing demand for fashion and industry products creates more demand.
Market Segmentation
The luxury handbags market has been divided all across the globe based on the type, material type, consumer group, and distribution channel.
Based on the Type
The Luxury Handbags Market has been divided all across the globe based on the type into briefcases, tote bags, hobo bags, satchels, shoulder bags, crossbody bags, clutches, and many others.
Based on the Material Type
The market has been divided all across the globe based on the material type into synthetic material, cotton material, leather material, and many others.
Based on the Consumer Group
The market has been divided all across the globe based on the consumer group into women, men, and unisex.
Based on the Distribution Channel
The Luxury Handbags Market has been divided all across the globe based on the distribution channel into non-store-based distribution channels and store-based distribution channels. The store-based distribution channel is further sub-divided into convenience stores, specialty stores, hypermarkets, supermarkets, and many others.
Regional Analysis
The luxury handbags market has been divided all across the globe based on the region into the stores’ American region, Asia-Pacific region, European region, Latin American region, and the Middle East and African region. The largest market share in the global market is held by the European region due to the increasing demand for fashion products, luxury goods, jewelry, and couture in this region. This region holds a 34% market share in 2020. Moreover, owing to the presence of well-established brands like Gucci, Burberry, and Louis Vuitton drives the market demand in this region.
The second-largest luxury handbags market share is held by the Asia-Pacific region. This region is the fastest-growing region and is expected to grow at a higher CAGR of 6% during the forecasted period. Increasing demand in various emerging economies like India and China also drives the market demand to this region. Also, the presence of strong market players coupled with a strong distribution network creates more demand in the global market.
The third-largest market share is held by the North American region owing to the presence of various powerful countries like Mexico, the US, and Canada. Also, an increase in personal disposable income among the population drives the market demand in this region. The fashion industry in this region is growing rapidly which results in higher demand for luxury handbags.
The least growth was observed in the Latin American region and the Middle East and African region due to lack of infrastructure. Also, the personal disposable income is not very high in these regions which restricts the growth of handbags in these regions.
Competitive Landscape
The most prominent major key players in the luxury handbags market all across the globe are mentioned below:
- PVH Corp. (US)
- MCM Worldwide (Germany)
- Michael Kors GmbH (Switzerland)
- Ralph Lauren Corporation (US)
- Cartier International SNC (France)
- Guccio Gucci S.p.A. (Italy)
- Giorgio Armani S.p.A. (Italy)
- Valentino S.p.A. (Italy)
- Burberry Group PLC (UK)
- Chanel S.A. (France)
- Dolce & Gabbana S.R.L. (Italy)
- Prada S.p.A. (Italy)
- Atelier (US)
- Louis Vuitton (France)
- Tory Burch LLC (US)
These major key players use various strategies to sustain their market position in the Luxury handbags market in the global market by going for mergers, and acquisitions, by collaborating, setting up a new joint venture, establishing a partnership, developing a new production process, developing a new product line, innovation in the existing product, and many others to expand their customer base in the untapped market of the Luxury handbags all across the globe.
Recent Developments
In 2018, Jimmy Choo was acquired by Capri Holdings Limited for enhancing and positioning the footwear and luxury handbag dividend in the global market. This acquisition will provide exposure to the company in the accessories and fashion market.
In January 2029, for becoming the leading fashion luxury company in the global market Michael KorsHolding changed its name to Capri Holding Limited and acquired Versace.
In 2019, a huge range of different kinds and styles of handbags has been introduced as a spring-summer collection by Chanel SA. These bags are styled in gold-tone metal and calfskin. They are available in various color ranges like yellow, blue, and pink.
In 2019, a new range of handbags with a flexible screen, reserved for the latest smartphones has been launched by Louis Vuitton. Christian Dior was also acquired by the company for USD 13.1 billion.
Report Overview
The global luxury handbags market research report consists of the following elements mentioned below:
- Market Overview
- COVID 19 Analysis
- Market Dynamics
- Value Chain Analysis
- Market Segmentation
- Regional Analysis
- Competitive Landscape
- Recent Developments
This market research report contains factors that drive the luxury handbags market growth in the global market along with the factors that restrict its growth in the global market. The opportunities available for growth during the forecasted period are mentioned. The impact of COVID 19 on the sales revenue of the Luxury handbags market all across the globe is mentioned. The future growth rate of the Luxury handbags market during the forecasted period is estimated and mentioned.
Intended Audience
- Traders, Exporters, and Importers
- Retailers and Wholesalers
- Luxury Handbag Manufacturers
- Luxury Handbag Designers
- Fashion Industry
- Men Luxury Bags Manufacturers
- Leather Suppliers
- Handbag Manufacturers
- Leather Processing Industry
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | USD 41 Billion |
| CAGR | 7.21% (2020-2027) |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Material Type, Consumer Group and Distribution Channel |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Tory Burch LLC (US), Louis Vuitton (France), Atelier (US), Prada S.p.A (Italy), Dolce & Gabbana S.R.L. (Italy), Chanel S.A. (France), Burberry Group PLC (UK), Valentino S.p.A. (Italy), Giorgio Armani S.p.A (Italy), Guccio Gucci S.p.A (Italy), Cartier International SNC (France), Ralph Lauren Corporation (US), Michael Kors GmbH (Switzerland), MCM Worldwide (Germany), and PVH Corp. (US) |
| Key Market Opportunities |
|
| Key Market Drivers | High per capita disposable incomes and the presence of major brands are driving the demand for luxury handbags |
Frequently Asked Questions (FAQ) :
The luxury handbag market is anticipated to grow at a higher CAGR of 7.21% in the global market.
The largest market share in the luxury handbag market is held by the European region.
