Leading Handbag Country Markets Databank
The Handbag market was valued at $47,530.0 Million in 2020, and is projected to reach $97,974.1 Million by 2029 growing at a CAGR of 8.41% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $19,772.5 Million in 2020, and is anticipated to reach $42,382.3 Million by 2029, registering a CAGR of 8.88%. North America and Europe collectively expected to account for about 73.9% share of the Handbag market in 2020, with the former constituting around 41.6% share. North America and Asia-Pacific are expected to witness significant growth rates at a CAGR of 8.88% and 8.80% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 62.0% in the overall Handbag market in 2020, and is anticipated to reach 64.3% by 2029.
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