Leading Handbag Distribution Channel 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. Offline segment is expected to be the highest contributor to this market, with $41,141.7 Million in 2020, and is anticipated to reach $84,694.5 Million by 2029, registering a CAGR of 8.39%. Online segment is anticipated to reach $13,279.6 Million by 2029 with the highest CAGR of 8.51%. Online and Offline segments are expected to witness significant growth rates at a CAGR of 8.51% and 8.39% respectively, during the forecast period.
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