Handbags & Purses Market Research Reports & Industry Analysis
Handbags have become an important accessory in the fashion world, and are often used as completion pieces for a woman’s wardrobe. They promote growth in the fashion industry, and designers are including handbags in their collections more often to increase revenue. The fashion and luxury market has a direct impact on the different designs that come out of the handbag industry, as one complements the other.
As many designers have started to open their own stores, competition in the handbag industry has become commonplace. Premier handbag companies will sell not only their own designer pieces, but luxury brands and private labels as well. The designer handbag brands that come out of Europe make up the largest market in the industry. Europe typically sells their handbags through independent retailers and specialist chains. Outside of Europe, other countries are on the rise in their creation and distribution of handbags with new strategies and initiatives. Handbag companies are also beginning to adjust their distribution practices so they can provide more effectively for the needs of their consumer, as well as reducing their operational costs.
Handbags & Purses Industry Research & Market Reports
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Synthetic Leather Market by Type (PU based, PVC based, and Bio based), End-use Industry (Footwear, Furnishing, Automotive, Clothing, Bags, Purses, & Wallets), and Region - Global Forecast to 2029
... to register a CAGR of 5.3% between 2024 and 2029, in terms of value. The synthetic leather market size is projected to reach USD 93.25 billion by 2029 at a CAGR of 5.3% from USD ... Read More
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Global Ladies Handbag Competitive Landscape Professional Research Report 2025
... different preferences and occasions. Common types include shoulder bags, tote bags, crossbody bags, clutches, and satchels. Ladies＇ handbags are not only practical for carrying essentials like wallets, keys, and cosmetics but also serve as a ... Read More
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Bags and Luggage in Sweden
... Travel demand in Sweden remained robust, with many Swedes continuing to take trips abroad. However, due to the rising cost of living, in 2023 and 2024 there was a noticeable shift towards shorter trips, both ... Read More
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Bags and Luggage in Romania
... international travel resumed and domestic tourism rose, demand surged for luggage, with a notable preference for durable and ergonomic luggage. Romanian consumers increasingly sought bags and luggage that not only fulfilled practical requirements but also ... Read More
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Personal Accessories in Romania
... Romania report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2020-2024), allowing you to identify the sectors driving growth. It ... Read More
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Personal Accessories in Ukraine
... abroad. This included a substantial proportion of higher-income individuals who would typically have purchased personal accessories, with the shrinking middle class limiting the consumer base for non-essential goods. Euromonitor International's Personal Accessoriesin Ukraine report offers ... Read More
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Personal Accessories in Sweden
... living, leading to more cautious spending on certain items, such as fine jewellery, which was further challenged by a decline in engagement and weddings due to rising price sensitivity. However, while inflation and rising prices ... Read More
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Personal Accessories in Poland
... especially within the luxury segment. Demand grew for interesting, unique designs as consumers embraced more expressive and distinct fashion. After a period of minimalism being popular in aesthetics, especially in jewellery, Polish shoppers were looking ... Read More
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Bags and Luggage in the Netherlands
... showed an ongoing interest in personal accessories and bags, with many willing to pay a premium for design and quality. Throughout 2024, promotional strategies continued to be key, aiding overall sales growth. Euromonitor International's Bags ... Read More
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Personal Accessories in Taiwan
... travel-related products such as luggage and bags, consumers were spending a larger portion of their disposable income on leisure activities outside the home. This shift had a noticeable impact on certain sectors, particularly challenging young ... Read More
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Bags and Luggage in Ukraine
... Millions of emigrants, many of whom were well-off former bag and luggage consumers, emigrated to other countries, where they remained in 2024. Euromonitor International's Bags and Luggagein Ukraine report offers a comprehensive guide to the ... Read More
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Bags and Luggage in Taiwan
... and by July 2024, the number of outbound trips had almost reached 10 million, while inbound tourism remained less than half of this, with over 4.3 million visitors. Euromonitor International's Bags and Luggagein Taiwan report ... Read More
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Bags and Luggage in Poland
... over the summer months, driven by competitive pricing from travel agencies and the growing appeal of popular destinations. However, despite this travel surge, luggage sales have unexpectedly slowed down, recording value growth of 2% in ... Read More
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Bags and Luggage in Turkey
... its store network in Turkey from 88 to 100 at the end of 2025. The retailer had begun to expand its store sizes from 150-200 square meters to 350-400 square meters in its newly opened ... Read More
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Personal Accessories in the Netherlands
... modest than the previous year's growth levels. However, Dutch consumers' continued willingness to purchase accessories was driven by their strong interest in fashion, further amplified by social media's influence. Euromonitor International's Personal Accessoriesin Netherlands report ... Read More
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Personal Accessories in the Philippines
... urbanisation, with major shopping destinations such as Opus Mall, which made its debut early in the year, driving retail expansion. Additionally, the number of consumers shopping online, particularly in provincial areas, has been expanding, driven ... Read More
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Personal Accessories in Thailand
... to the overall market. However, the personal accessories industry as a whole achieved only single-digit growth. This restrained performance was shaped by a combination of factors, including domestic demand, the resurgence of international tourism and ... Read More
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Bags and Luggage in the Philippines
... has driven a rise in demand for bags, particularly for school and work purposes. This trend is further amplified by the growth of social media platforms like TikTok, where live selling and fit checks - ... Read More
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Bags and Luggage in Thailand
... remains supported by the younger generation’s enthusiasm for all things Korean. This influence has been particularly visible at Siam Discovery, where 15 new Korean-fashion brands, including K-Fashion 82 and the Carlyn pop-up boutique, were introduced. ... Read More
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The World Market for Personal Accessories
... challenging, requiring personal accessories brands to navigate uncharted waters once again in 2025. Stricter regulations on sustainability, changing consumer habits, channel shifts, and ongoing digital transformation are expected to shape the industry over the next ... Read More
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Global Testing, Inspection, and Certification TIC for Apparel, Footwear and Handbags Market Growth (Status and Outlook) 2025-2031
... from US$ 6312 million in 2025 to US$ 8449 million in 2031; it is expected to grow at a CAGR of 5.0% from 2025 to 2031. The major players in global Testing, Inspection, and Certification ... Read More
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Personal Accessories in Singapore
... implemented Goods and Services Tax (GST) hike, from 8% to 9%. Despite the additional tax burden, which contributed to the rising cost of living, consumer confidence has been gradually rebounding, encouraging continued investment in personal ... Read More
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Bags and Luggage in Spain
... relatively high in 2024. The rising cost of living is being felt across both essential and non-essential goods, putting pressure on household budgets and influencing spending priorities. This economic strain has particularly impacted discretionary categories, ... Read More
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Bags and Luggage in France
... Meanwhile, bags slipped into a slight negative decline in volume in 2024, compared to a stronger performance in 2023. Euromonitor International's Bags and Luggagein France report offers a comprehensive guide to the size and shape ... Read More
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Bags and Luggage in Malaysia
... made a notable comeback as a contemporary accessory, featuring a modernised twist on the classic material. The Charles & Keith Bethel denim chain-handle tote bag exemplifies this trend, offering an extra-roomy interior that caters to ... Read More
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