Product Code: IRTNTR70869
The handbags market is forecasted to grow by USD 16.56 bn during 2023-2028, accelerating at a CAGR of 4.79% during the forecast period. The report on the handbags market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by personalization and customization of handbags, rising marketing campaigns, celebrity endorsement, and brand promotion activities by vendors, and increased fashion consciousness of consumers and spending on personal goods.
Technavio's handbags market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.87% |
CAGR | 4.79% |
Incremental Value | $16.56bn |
By Type
By Distribution Channel
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing design and material innovation leading to product premiumization as one of the prime reasons driving the handbags market growth during the next few years. Also, rising popularity of eco-friendly handbags and growing preference for affordable luxury handbags will lead to sizable demand in the market.
The report on the handbags market covers the following areas:
- Handbags market sizing
- Handbags market forecast
- Handbags market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading handbags market vendors that include Authentic Brands Group LLC, Burberry Group Plc, Capri Holdings Ltd., Cartier SA, Chanel Ltd., Dolce and Gabbana SRL, Fossil Group Inc., Hermes International SA, Kanmi, Kering SA, Macys Inc., MCM Products USA Inc., Michael Kors Switzerland GmbH, Prada S.p.A, PVH Corp., Samantha Thavasa Japan Ltd., Samsonite International S.A., Tapestry Inc., The LVMH group, and Tory Burch LLC. Also, the handbags market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary - Chart on Market Overview
- Exhibit 02: Executive Summary - Data Table on Market Overview
- Exhibit 03: Executive Summary - Chart on Global Market Characteristics
- Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
- Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary - Chart on Market Segmentation by Distribution Channel
- Exhibit 07: Executive Summary - Chart on Incremental Growth
- Exhibit 08: Executive Summary - Data Table on Incremental Growth
- Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global handbags market 2018 - 2022
- Exhibit 18: Historic Market Size - Data Table on global handbags market 2018 - 2022 ($ billion)
- 4.2 Type Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
- 4.3 Distribution channel Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size - Distribution channel Segment 2018 - 2022 ($ billion)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Leather - Market size and forecast 2023-2028
- Exhibit 34: Chart on Leather - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Leather - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Leather - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Leather - Year-over-year growth 2023-2028 (%)
- 6.4 Fabric - Market size and forecast 2023-2028
- Exhibit 38: Chart on Fabric - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Fabric - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Fabric - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Fabric - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ billion)
- Exhibit 43: Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by Distribution Channel
- 7.1 Market segments
- Exhibit 44: Chart on Distribution Channel - Market share 2023-2028 (%)
- Exhibit 45: Data Table on Distribution Channel - Market share 2023-2028 (%)
- 7.2 Comparison by Distribution Channel
- Exhibit 46: Chart on Comparison by Distribution Channel
- Exhibit 47: Data Table on Comparison by Distribution Channel
- 7.3 Offline - Market size and forecast 2023-2028
- Exhibit 48: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
- Exhibit 49: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
- Exhibit 50: Chart on Offline - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Offline - Year-over-year growth 2023-2028 (%)
- 7.4 Online - Market size and forecast 2023-2028
- Exhibit 52: Chart on Online - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Online - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Online - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Distribution Channel
- Exhibit 56: Market opportunity by Distribution Channel ($ billion)
- Exhibit 57: Data Table on Market opportunity by Distribution Channel ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
- Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.4 North America - Market size and forecast 2023-2028
- Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.5 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 India - Market size and forecast 2023-2028
- Exhibit 91: Chart on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on India - Year-over-year growth 2023-2028 (%)
- 9.11 Germany - Market size and forecast 2023-2028
- Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.12 UK - Market size and forecast 2023-2028
- Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Exhibit 103: Market opportunity By Geographical Landscape ($ billion)
- Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 Authentic Brands Group LLC
- Exhibit 111: Authentic Brands Group LLC - Overview
- Exhibit 112: Authentic Brands Group LLC - Product / Service
- Exhibit 113: Authentic Brands Group LLC - Key offerings
- 12.4 Burberry Group Plc
- Exhibit 114: Burberry Group Plc - Overview
- Exhibit 115: Burberry Group Plc - Business segments
- Exhibit 116: Burberry Group Plc - Key offerings
- Exhibit 117: Burberry Group Plc - Segment focus
- 12.5 Capri Holdings Ltd.
- Exhibit 118: Capri Holdings Ltd. - Overview
- Exhibit 119: Capri Holdings Ltd. - Business segments
- Exhibit 120: Capri Holdings Ltd. - Key offerings
- Exhibit 121: Capri Holdings Ltd. - Segment focus
- 12.6 Chanel Ltd.
- Exhibit 122: Chanel Ltd. - Overview
- Exhibit 123: Chanel Ltd. - Product / Service
- Exhibit 124: Chanel Ltd. - Key offerings
- 12.7 Fossil Group Inc.
- Exhibit 125: Fossil Group Inc. - Overview
- Exhibit 126: Fossil Group Inc. - Business segments
- Exhibit 127: Fossil Group Inc. - Key offerings
- Exhibit 128: Fossil Group Inc. - Segment focus
- 12.8 Hermes International SA
- Exhibit 129: Hermes International SA - Overview
- Exhibit 130: Hermes International SA - Business segments
- Exhibit 131: Hermes International SA - Key offerings
- Exhibit 132: Hermes International SA - Segment focus
- 12.9 Kanmi
- Exhibit 133: Kanmi - Overview
- Exhibit 134: Kanmi - Product / Service
- Exhibit 135: Kanmi - Key offerings
- 12.10 Kering SA
- Exhibit 136: Kering SA - Overview
- Exhibit 137: Kering SA - Business segments
- Exhibit 138: Kering SA - Key offerings
- Exhibit 139: Kering SA - Segment focus
- 12.11 Macys Inc.
- Exhibit 140: Macys Inc. - Overview
- Exhibit 141: Macys Inc. - Product / Service
- Exhibit 142: Macys Inc. - Key offerings
- 12.12 MCM Products USA Inc.
- Exhibit 143: MCM Products USA Inc. - Overview
- Exhibit 144: MCM Products USA Inc. - Product / Service
- Exhibit 145: MCM Products USA Inc. - Key offerings
- 12.13 Michael Kors Switzerland GmbH
- Exhibit 146: Michael Kors Switzerland GmbH - Overview
- Exhibit 147: Michael Kors Switzerland GmbH - Product / Service
- Exhibit 148: Michael Kors Switzerland GmbH - Key offerings
- 12.14 Prada S.p.A
- Exhibit 149: Prada S.p.A - Overview
- Exhibit 150: Prada S.p.A - Product / Service
- Exhibit 151: Prada S.p.A - Key offerings
- 12.15 PVH Corp.
- Exhibit 152: PVH Corp. - Overview
- Exhibit 153: PVH Corp. - Business segments
- Exhibit 154: PVH Corp. - Key offerings
- Exhibit 155: PVH Corp. - Segment focus
- 12.16 Tapestry Inc.
- Exhibit 156: Tapestry Inc. - Overview
- Exhibit 157: Tapestry Inc. - Business segments
- Exhibit 158: Tapestry Inc. - Key offerings
- Exhibit 159: Tapestry Inc. - Segment focus
- 12.17 The LVMH group
- Exhibit 160: The LVMH group - Overview
- Exhibit 161: The LVMH group - Business segments
- Exhibit 162: The LVMH group - Key offerings
- Exhibit 163: The LVMH group - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 164: Inclusions checklist
- Exhibit 165: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 166: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 167: Research methodology
- Exhibit 168: Validation techniques employed for market sizing
- Exhibit 169: Information sources
- 13.5 List of abbreviations
- Exhibit 170: List of abbreviations