Category: Handbags & Purses
Handbags & Purses market research reports by Euromonitor International
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Bags and Luggage in Spain
Bags and Luggage in Spain Bags and luggage in Spain was impacted by the country’s economic context in 2024. Spaniards are facing mounting economic challenges as disposable incomes continue to decline, exacerbated by inflation remaining relatively high in 2024. The rising cost of living is being felt ... Read More
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Bags and Luggage in France
Bags and Luggage in France Sales of bags and luggage saw a generally positive performance in France in 2024, with growth in luggage stronger than that seen in bags, in both value and volume terms. Meanwhile, bags slipped into a slight negative decline in volume in 2024, compared to a stronger perfor ... Read More
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Bags and Luggage in Malaysia
Bags and Luggage in Malaysia Bags and luggage in Malaysia saw an accelerated trend towards casual bag designs - particularly tote bags – in 2024, mainly driven by the country’s younger consumers. Denim bags have made a notable comeback as a contemporary accessory, featuring a modernised twist on the ... Read More
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Personal Accessories in Spain
Personal Accessories in Spain In 2024, Spain’s personal accessories market faced significant challenges due to worsening economic conditions. With the prices of basic goods rising and interest rates increasing, the disposable income of the average Spaniard declined. This economic pressure was compou ... Read More
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Bags and Luggage in Singapore
Bags and Luggage in Singapore As Singapore has returned to normality with the reopening of borders and the resumption of physical attendance in schools and offices, the recovery of bags and luggage sales, which began in 2021, has continued steadily. However, the rate of volume and current value grow ... Read More
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Personal Accessories in Malaysia
Personal Accessories in Malaysia Personal accessories in Malaysia saw consumer sentiment significantly impacted by the rising cost of living in 2024, driven by increasing prices of necessities. This economic pressure has caused Malaysian consumers to stretch their budgets, leading to fluctuations in ... Read More
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Personal Accessories in France
Personal Accessories in France Personal accessories achieved positive value growth in France in 2024, albeit at a much lower rate than seen in the recent review period. Meanwhile, volume remains in a negative slump. This comparatively sluggish performance is due to a confluence of factors, including ... Read More
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Bags and Luggage in the US
Bags and Luggage in the US Consumers’ desire to prioritise spending on travel and/or experiences in 2024 is set to positively influence sales in certain bags and luggage categories in the US, such as luggage, backpacks, and duffel bags, although rising costs continue to influence consumers’ purchasi ... Read More
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Bags and Luggage in South Korea
Bags and Luggage in South Korea In 2024, bags and luggage in South Korea is expected to maintain retail current value growth, although volume sales are set to see little movement, and will fail to return to the pre-pandemic (2019) level. Although luxury handbags is expected to maintain retail volume ... Read More
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Personal Accessories in South Korea
Personal Accessories in South Korea Personal accessories in South Korea is set to see negligible retail volume growth in 2024, along with dynamic retail current value growth. The much stronger value growth is due to price rises and the strength of luxury sales. While the economic downturn initially ... Read More
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Personal Accessories in the US
Personal Accessories in the US In 2024, personal accessories in the US is expected to see a return to growth in current value terms; however, in constant value terms sales are set to continue to decline, albeit improving from 2023. This exemplifies the challenges consumers are dealing with, as infla ... Read More
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Personal Accessories in Switzerland
Personal Accessories in Switzerland In 2024, personal accessories in Switzerland recorded a 2% retail value growth, with this increase in value bolstered by the rise in average unit prices. However, retail volume sales showed a stagnant performance, reflecting cautious purchasing behaviours among co ... Read More
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Bags and Luggage in Canada
Bags and Luggage in Canada In 2024, bags and luggage in Canada recorded a retail value sales increase of 5%, with luggage and luxury handbags seeing particularly strong performances. Luggage recorded retail volume sales of 11%, the result of the ongoing recovery following the Canadian government's r ... Read More
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Bags and Luggage in Switzerland
Bags and Luggage in Switzerland In 2024, the bags and luggage category in Switzerland experienced a stagnant performance in retail value terms, while retail volume sales declined by 2%. Demand for most types of bags and luggage suffered due to cautious purchasing behaviour, as consumers became more ... Read More
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Bags and Luggage in Argentina
Bags and Luggage in Argentina In 2024, the bags and luggage category in Argentina experienced a 92% increase in retail value sales in current terms, largely driven by rising unit prices. However, despite the value growth, retail volume sales declined by 20%, reflecting the country's challenging econ ... Read More
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Personal Accessories in Argentina
Personal Accessories in Argentina 2024 was a highly complex environment for consumption in Argentina, primarily due to the strong devaluation carried out by the newly elected government of Javier Milei, who assumed office in 2023. The devaluation, which exceeded 100%, contributed to an accumulated i ... Read More
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Bags and Luggage in Australia
Bags and Luggage in Australia Overall demand for bags and luggage in Australia remains below pre-pandemic levels in 2024, with flat volume growth. Bags dominates overall demand within the category, but has realigned with a value growth trajectory following its early review period slump due to the pa ... Read More
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Personal Accessories in Australia
Personal Accessories in Australia While remaining stable in retail value growth terms in 2024, retail volume sales of personal accessories in Australia are rising more strongly compared to the previous year. Despite conditions remaining difficult, this represents a welcome reprieve from a tough 2023 ... Read More
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Bags and Luggage in Indonesia
Bags and Luggage in Indonesia In 2024, the number of international tourists to Indonesia grew by around 16% compared to 2023. Additionally, searches for Indonesian accommodation from abroad increased by approximately 33% in the first half of 2024 compared to 2023. The main demands came from countrie ... Read More
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Bags and Luggage in Italy
Bags and Luggage in Italy Bags and luggage in Italy continued to increase in both current value and volume terms in 2024, albeit modestly. The best performance within the category was achieved by luggage, driven by Italian consumers' renewed enthusiasm for travel post-pandemic. Euromonitor Internati ... Read More
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Personal Accessories in Indonesia
Personal Accessories in Indonesia Younger consumers, in particular, represent a key target audience within most areas of personal accessories, thanks to a rise in purchasing power. While older consumers used a high proportion of their incomes to pay for daily needs, millennials, many of whom still l ... Read More
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Personal Accessories in Italy
Personal Accessories in Italy In 2024, personal accessories in Italy registered a positive performance, increasing in both volume and current value terms. This positive trend was linked to renewed consumer confidence and enthusiasm for travel, socialising, and a move away from remote schooling and w ... Read More
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Bags and Luggage in the United Arab Emirates
Bags and Luggage in the United Arab Emirates In 2024, bags and luggage in the United Arab Emirates experienced marginal growth in both retail volume and value terms, following three consecutive years of robust expansion. This category rebounded quickly post-pandemic, with value sales of high-end bag ... Read More
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Personal Accessories in the United Arab Emirates
Personal Accessories in the United Arab Emirates In 2024, personal accessories in the United Arab Emirates experienced modest single-digit retail value growth, marking a slowdown after three consecutive years of strong double-digit growth. The exceptional performances in 2022 and 2023 were fuelled b ... Read More
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Bags and Luggage in Hong Kong, China
Bags and Luggage in Hong Kong, China After a significant rebound for luxury handbags in 2023, sales of bags and luggage in Hong Kong are declining in both retail volume and value terms in 2024. A less severe value decline compared to volume is due to a further rise in the average unit price, driven ... Read More
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