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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Armenia Leather and Footwear Market Outlook (2019-2027)
... data from 2019 to 2022 and forecasts until 2027 which makes the report an invaluable resource for business leaders, decision-makers, consultants, analysts, and other people looking for key industry data in a readily accessible document ... Read More
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Europe Secondhand Luxury Goods Market Report by Type (Jewelry and Watches, Handbags, Clothing, Small Leather Goods, Footwear, Accessories, and Others), Demography (Men, Women, Unisex), Distribution Channel (Offline, Online), and Country 2024-2032
... goods market size reached US$ 18.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 34.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.2% during 2024-2032. The escalating demand ... Read More
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Synthetic Leather Market Size, Share & Trends Analysis Report By Type (PU, PVC, Bio-based), By Application (Footwear, Automotive, Furnishing, Clothing, Wallets Bags & Purses), By Region, And Segment Forecasts, 2024 - 2030
... Growth & Trends The global synthetic leather market is anticipated to reach USD 66.24 billion by 2030 and is projected to grow at a CAGR of 7.87% from 2024 to 2030, according to a new ... Read More
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Handbags Market in Japan 2024-2028
... market in Japan 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 ... Read More
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Personal Accessories in Poland
... affordable and durable products, especially in the watches and jewellery categories. This economic climate also resulted in a decline in impulse purchases and a preference for value-for-money options, including private label. Despite these challenges, the ... Read More
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Personal Accessories in Spain
... which helped to boost consumer confidence and resulted in Spaniards getting back to their pre-pandemic lifestyles with most people no longer wearing face masks. Nevertheless, despite the country seeing the end of the pandemic sales ... Read More
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Personal Accessories in the Philippines
... long periods of COVID-19 lockdowns are set to drive growth in personal accessories in 2023. As a revenge category, personal accessories has a good foundation for growth, and in 2023 is expected to see a ... Read More
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Bags and Luggage in Argentina
... are more affordable than leather and feature innovative designs. Instagram is the main platform both for showcasing and selling these brands’ products. The possibilities offered by this online marketing and sales channel are extensive, as ... Read More
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Personal Accessories in Taiwan
... showing a preference for environmentally friendly materials. Jewellery saw a shift towards personalised designs and increased emphasis on sustainability and ethical sourcing. Writing instruments maintained steady growth, particularly in the premium and luxury segment, whi... ... Read More
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Personal Accessories in Argentina
... a decline in the demand for less essential products. This included many types of personal accessories. Furthermore, there were significant restrictions on the importation of foreign goods, due to the scarcity of US dollars faced ... Read More
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Personal Accessories in Sweden
... by a return to pre-pandemic lifestyles, including increased levels of international travel, which a welcome to boost to luggage in particular. Luxury handbags and high-end watches also fared relatively well, in keeping with the premiumisation ... Read More
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Personal Accessories in Singapore
... rising prices as a result of inflationary pressure across all industries. However, sales are expected to continue to rise in retail current value terms, led by significant price increases across the industry, and the nationwide ... Read More
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Bags and Luggage in Australia
... relaxation of pandemic restrictions and the resurgence of travel. While growth is set to decelerate somewhat due to the ongoing cost-of-living crisis, it is still expected to maintain a healthy upward trajectory. In 2023, travel ... Read More
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Bags and Luggage in the United Arab Emirates
... international travel. This resurgence has led to increasing demand for luggage. While international travel worldwide is expected to return to pre-pandemic levels, Dubai achieved this milestone in 2021, becoming one of the first cities to ... Read More
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Personal Accessories in South Africa
... Similarly, consumers have been prioritising the purchase of essential products for their everyday survival. For example, food, fuel, electricity, water, and mortgage and rental payments have been at the forefront of consumers’ budgets. Meanwhile, personal ... Read More
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Bags and Luggage in the Netherlands
... getaways. This trend is significantly contributing to an increased demand for luggage. Manufacturers are actively promoting innovations such as lightweight products, designed to adhere to stricter cabin allowances on aircraft, thus reducing weight concerns. Additionally, ... Read More
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Personal Accessories in Romania
... declining purchasing power, they continue to demonstrate high brand loyalty. In addition, some Romanians now regard fine jewellery and high watches as a good hedge against inflation, reflected in strong sales for these categories in ... Read More
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Personal Accessories in Australia
... appears to be continuing in 2023, as consumers grapple with the effects of the cost-of-living crisis. However, amidst this economic turbulence, the luxury segment of personal accessories is emerging as a resilient outlier, driving substantial ... Read More
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Bags and Luggage in the United Kingdom
... in most categories, it is significant to note that luggage is anticipated to see the most significant increase, and will be one of the main drivers of overall growth. As the pandemic stopped most travel ... Read More
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Personal Accessories in South Korea
... value growth for personal accessories in 2023 compared with 2022. In addition, the official end of the pandemic in 2023, with the full lifting of COVID-19-related restrictions, including the mask mandate, has led to a ... Read More
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Personal Accessories in Thailand
... of inflation, and higher consumer expenditure on living costs. Most categories within personal accessories are set to enjoy a continued rebound in 2023, thanks to a recovery in demand post-COVID-19. This includes the return of ... Read More
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Bags and Luggage in Indonesia
... from COVID-19 crisis, Indonesians became increasingly keen to travel, despite rising costs. Indeed, the term “revenge travel” was coined in response to the renewed interest of consumers in taking exotic trips that were put on ... Read More
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Personal Accessories in the US
... performances varied by category, and the industry is expected to turn to decline in 2023. This slowdown can be attributed to persistent inflation and ongoing economic uncertainty, which have been affecting the US since 2022. ... Read More
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Personal Accessories in France
... a normalisation effect post-pandemic, inflation and strong price increases, driven by various factors, including the rising cost of plastic for writing instruments or much higher unit prices of premium personal accessories, such as bags and ... Read More
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Personal Accessories in the United Arab Emirates
... In fact, across all personal accessories categories, with the exception of writing instruments, luxury brands have been outperforming the industry in both 2022 and 2023. One of the reasons for this two-tier spending pattern is ... Read More
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