Handbags Market In UK 2025-2029
The handbags market in UK is forecasted to grow by USD 854.8 million during 2024-2029, accelerating at a CAGR of 4.7% during the forecast period. The report on the handbags market in UK 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 expansion of retail and online distribution landscape in UK, growing purchase of handbags by millennials and working women, and increasing fashion consciousness among consumers leading to spending on personal accessories.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's handbags market in UK is segmented as below:
By Product
- Tote
- Clutch
- Satchels
- Shoulder bag
- Others
By Distribution Channel
By Material
By Geographical Landscape
This study identifies the personalization, customization, and innovation in handbags as one of the prime reasons driving the handbags market in UK growth during the next few years. Also, design and material innovation leading to product premiumization and rising number of product endorsements by celebrities will lead to sizable demand in the market.
The report on the handbags market in UK covers the following areas:
- Handbags Market in UK sizing
- Handbags Market in UK forecast
- Handbags Market in UK 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 in UK vendors that include ALDO Group Inc., Aspinal of London Ltd., Bugatti GmbH, Burberry Group PLC, Chanel Ltd., Crew Clothing Co. Ltd., Dolce and Gabbana Srl, Fossil Group Inc., GOYARD ST HONORE, Guess Inc., Hermes International SA, Kering SA, LAUNER LONDON LTD., Michael Kors Switzerland GmbH, MPLG Ltd., Mulberry Group PLC, Prada S.p.A, Radley and Co Ltd., The Cambridge Satchel Co. Ltd, and The Hettie Trading Company Ltd.. Also, the handbags market in UK 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 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 primary and secondary research. 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 accurate market growth.