Category: Handbags & Purses
Handbags & Purses market research reports by Euromonitor International
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Personal Accessories in Taiwan
Personal Accessories in Taiwan In 2023, Taiwan's personal accessories industry experienced strong current retail value growth, driven by notable trends. The demand for bags and luggage rose, with consumers seeking high-quality, fashionable options, with many showing a preference for environmentally ... Read More
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Personal Accessories in Argentina
Personal Accessories in Argentina Argentina experienced a highly complex economic situation characterised by rising inflation in 2023. Consumers were forced to make choices regarding which industries and categories they allocated available funds to, resulting in a decline in the demand for less esse ... Read More
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Personal Accessories in Sweden
Personal Accessories in Sweden Sales of personal accessories in Sweden continued to expand in current value terms in 2023, although the rate of growth was more modest compared to the previous year. Performance was boosted by a return to pre-pandemic lifestyles, including increased levels of internat ... Read More
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Personal Accessories in Singapore
Personal Accessories in Singapore Overall retail volume sales of personal accessories are expected to register a small decline in 2023, as the industry has navigated a slowing sales momentum post-pandemic, while managing the challenge of rising prices as a result of inflationary pressure across all ... Read More
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Bags and Luggage in Australia
Bags and Luggage in Australia In 2023, luggage is set to continue its volume and current value growth trajectory in the Australian market, building on the robust sales rebound it experienced in 2022 following the relaxation of pandemic restrictions and the resurgence of travel. While growth is set t ... Read More
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Bags and Luggage in the United Arab Emirates
Bags and Luggage in the United Arab Emirates The United Arab Emirates has been at the forefront of the travel industry’s recovery, and in 2023, there has been a significant development: the complete resurgence of international travel. This resurgence has led to increasing demand for luggage. While i ... Read More
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Personal Accessories in South Africa
Personal Accessories in South Africa During 2023, many consumers in South Africa have been experiencing tough economic conditions. As a result, they have been cutting back on their discretionary spending due to lower disposable incomes. Similarly, consumers have been prioritising the purchase of ess ... Read More
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Bags and Luggage in the Netherlands
Bags and Luggage in the Netherlands Bags and luggage is projected to experience robust growth in 2023, driven by an upsurge in travel activities and a growing preference among Dutch consumers for shorter, more frequent getaways. This trend is significantly contributing to an increased demand for lug ... Read More
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Personal Accessories in Romania
Personal Accessories in Romania Even though inflation remained high in Romania in 2023, personal accessories saw growth in both current value and volume terms. Romanians are increasingly preoccupied with improving their personal image, and despite declining purchasing power, they continue to demonst ... Read More
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Personal Accessories in Japan
Personal Accessories in Japan In 2023, there was a symbolic pivot in how Japan faced COVID-19. It was in May that the government announced that it would reclassify COVID-19 from a Class 2 infectious disease to a Class 5 infectious disease. Class 2 meant it was a crucial disease that the government n ... Read More
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Personal Accessories in Australia
Personal Accessories in Australia In the challenging economic climate of 2023, personal accessories is navigating a landscape marked by hyperinflation and economic uncertainty. The slowing of sales growth observed in the latter half of 2022 appears to be continuing in 2023, as consumers grapple with ... Read More
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Bags and Luggage in the United Kingdom
Bags and Luggage in the United Kingdom Bags and luggage is set to maintain growth in both retail volume and current value terms in the UK in 2023. Although volume sales are expected to increase in most categories, it is significant to note that luggage is anticipated to see the most significant incr ... Read More
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Bags and Luggage in China
Bags and Luggage in China The resurgence of both volume and current value sales of bags and luggage is anticipated in 2023 overall, primarily owing to the relaxation of pandemic constraints and the lifting of restrictions in the early months of the year. As offline activities have resumed in tandem ... Read More
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Personal Accessories in China
Personal Accessories in China With the end of the zero-COVID policy, personal accessories, which experienced a contraction in 2022 in both retail volume and current value terms, is set to exhibit robust signs of recovery in 2023 overall. This resurgence has notably been driven by the renewed vibranc ... Read More
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Personal Accessories in South Korea
Personal Accessories in South Korea Continuing high inflation and financial constraints derived from the unstable global economy have discouraged consumer spending on discretionary items, which is set to result in slower retail volume and current value growth for personal accessories in 2023 compare ... Read More
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Personal Accessories in Mexico
Personal Accessories in Mexico Personal accessories in Mexico is set to demonstrate retail volume and current value growth in 2023, primarily influenced by widespread vaccination efforts in Mexico, and the official conclusion of the state of emergency for the COVID-19 pandemic in the second quarter ... Read More
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Personal Accessories in Thailand
Personal Accessories in Thailand Sales of personal accessories are expected to show continued signs of recovery in the market in 2023, despite factors hindering growth, such as local political uncertainty, higher household debt, high rates of inflation, and higher consumer expenditure on living cost ... Read More
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Bags and Luggage in Indonesia
Bags and Luggage in Indonesia Retail sales of bags and luggage registered a vastly improved performance in both volume and constant value terms in 2023, when compared to the previous year. As the country emerged from COVID-19 crisis, Indonesians became increasingly keen to travel, despite rising cos ... Read More
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Personal Accessories in the US
Personal Accessories in the US Following the extraordinary growth witnessed by personal accessories in 2021, buoyed by the release of pent-up demand and accumulated savings, current value growth slowed to single digits in 2022, although performances varied by category, and the industry is expected t ... Read More
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Personal Accessories in France
Personal Accessories in France Generally, 2023 has been a positive year for value sales of personal accessories in France, while overall demand is declining, depending on the category. The main contributor to value growth is a normalisation effect post-pandemic, inflation and strong price increases, ... Read More
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Personal Accessories in the United Arab Emirates
Personal Accessories in the United Arab Emirates In 2023, growth of personal accessories in the United Arab Emirates remains substantial, although the performance of the industry is uneven; with luxury brands outpacing their mass counterparts. In fact, across all personal accessories categories, wit ... Read More
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Bags and Luggage in Mexico
Bags and Luggage in Mexico Bags and luggage is set to exhibit robust double-digit growth in current value terms in 2023, which can be attributed primarily to the positive influence of widespread vaccination in Mexico, and the official cessation of the state of emergency for the COVID-19 pandemic in ... Read More
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Personal Accessories in Indonesia
Personal Accessories in Indonesia Retail sales of apparel and footwear in Indonesia registered accelerated growth in constant value terms in 2023, when compared to the previous year. As the country emerged from COVID-19 crisis, Indonesians became increasingly keen to travel, socialise and spend more ... Read More
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Bags and Luggage in Japan
Bags and Luggage in Japan Tourism was one of the industries that was significantly impacted by COVID-19, as border restrictions were tightened globally. Many consumers also refrained from taking domestic trips in the first phase of the pandemic. There were multiple forms of government support to boo ... Read More
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Bags and Luggage in Singapore
Bags and Luggage in Singapore Owing to a sharp decline in travel due to the pandemic, retail volume and current value sales of luggage in Singapore fell drastically in 2020, by nearly 50%. This was against the backdrop of more than an 85% decline in the number of outbound departures in Singapore, ac ... Read More