Handbag Market Size, Share & Trends Analysis Report By Product (Tote Bag, Clutch, Satchel), By Raw Material (Leather, Fabric), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2019 - 2025

Published: Jun, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global handbag market size is expected to reach USD 67.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.4% over the forecast period. Growing brand awareness of luxury bags as a fashion symbol among adults in the developing countries including India, China, and Brazil is expected to remain a key trend in the market. Furthermore, rising female workforce on a global level is expected to promote the usage of handbags over the next few years.

By product, tote bag dominated the market in 2018. Consumers prefer these bags due to their large space. Necessary items such as mobile phone, wallet, laptop, sunglasses, documents, and makeup of the consumers can be fitted in these types of bags. As a result, these products have gained significant popularity among the working class women. Manufacturers have been expanding the product line of tote bags with new designs and better quality. In 2015, Furla, an Italian luxury company, launched Twist Tote bag under its Spring Summer collection. These tote bags are available in a wide range of colors including ocean onyx, petalo onyx, and emerald onyx.

Leather bags dominated the market in 2018 and accounted for 48.5% share of the global revenue. Better quality and durability of the leather are driving the demand for the product across the world. Moreover, rising per capita income in the developing countries is fueling the demand for luxury goods, including leather bags.

Asia Pacific is expected to witness the fastest growth from 2019 to 2025. Availability of affordable brands, along with rising per capita income of consumers, is driving the market for the product in this region. In 2018, Coach, one of the leading brands of this industry, launched platinum 'Parker' Diwali handbag in India for the Indian festive season. These bags are made of leather and available in two different sizes.

Key competitors in this industry include Tapestry, Inc.; LVMH Moet Hennessy - Louis Vuitton SE; Michael Kors; Gucci; Fossil Group, Inc.; Ted Baker plc; Hermes International S.A.; Prada S.p.A.; Chanel S.A.; Burberry Group PLC; and Compagnie Financiere Richemont SA. Industry participants are emphasizing on the establishment of new online distribution channels as customers are increasing their spending on utilizing e-commerce portals as a selling window.

Further key findings from the study suggest:

• North America held the largest share of more than 30.0% in 2018

• The online distribution channel is expected register the fastest CAGR of 7.4% from 2019 to 2025

• The tote bag product segment held the largest share of 41.7% in terms of revenue

• By raw material, leather dominated the market in 2018 and accounted for 48.5% share of the overall revenue.

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Market Segmentation & Scope
                    1.2. Market Definition
                    1.3. Information Procurement
                         1.3.1. Purchased Database
                         1.3.2. GVR's Internal Database
                         1.3.3. Secondary Sources & Third-Party Perspectives
                         1.3.4. Primary Research
                    1.4. Information Analysis 
                         1.4.1. Data Analysis Models
                    1.5. Market Formulation & Data Visualization
                    1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segmental Outlook
                    2.3. Competitive Insights
Chapter 3. Handbag Market Variables, Trends & Scope
                    3.1. Market Introduction
                    3.2. Penetration & Growth Prospect Mapping
                    3.3. Industry Value Chain Analysis
                         3.3.1. Sales/Retail Channel Analysis
                         3.3.2. Profit Margin Analysis
                    3.4. Market Dynamics
                         3.4.1. Market Driver Analysis
                         3.4.2. Market Restraint Analysis
                         3.4.3. Industry Challenges
                         3.4.4. Industry Opportunities
                    3.5. Business Environment Analysis
                         3.5.1. Industry Analysis - Porter's
                               3.5.1.1. Supplier Power
                               3.5.1.2. Buyer Power
                               3.5.1.3. Substitution Threat
                               3.5.1.4. Threat from New Entrant 
                               3.5.1.5. Competitive Rivalry
                    3.6. Roadmap of Handbag Market
                    3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                    4.1. Consumer Trends and Preferences
                    4.2. Factors Affecting Buying Decision 
                    4.3. Consumer Product Adoption 
                    4.4. Observations & Recommendations
Chapter 5. Handbag Market: Product Estimates & Trend Analysis
                    5.1. Product Movement Analysis & Market Share, 2018 & 2025
                    5.2. Tote Bag
                         5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    5.3. Clutch
                         5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    5.4. Satchel
                         5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    5.5. Others
                         5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Handbag Market: Raw Material Estimates & Trend Analysis
                    6.1. Raw material Movement Analysis & Market Share, 2018 & 2025
                    6.2. Leather
                         6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    6.3. Fabric
                         6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    6.4. Others
                         6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Handbag Market: Distribution Channel Estimates & Trend Analysis
                    7.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
                    7.2. Online
                         7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    7.3. Offline
                         7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 8. Handbag Market: Regional Estimates & Trend Analysis
                    8.1. Regional Movement Analysis & Market Share, 2018 & 2025
                    8.2. North America
                         8.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         8.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                         8.2.3. Market estimates and forecast, by raw material, 2015 - 2025 (USD Million)
                         8.2.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                         8.2.5. U.S.
                               8.2.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.2.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.2.5.3. Market estimates and forecast, by raw material, 2015 - 2025 (USD Million)
                               8.2.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    8.3. Europe
                         8.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         8.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                         8.3.3. Market estimates and forecast, by raw material, 2015 - 2025 (USD Million)
                         8.3.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                         8.3.5. Germany
                               8.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.3.5.3. Market estimates and forecast, by raw material, 2015 - 2025 (USD Million)
                               8.3.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                         8.3.6. U.K.
                               8.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.3.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.3.6.3. Market estimates and forecast, by raw material, 2015 - 2025 (USD Million)
                               8.3.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    8.4. Asia Pacific
                         8.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         8.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                         8.4.3. Market estimates and forecast, by raw material, 2015 - 2025 (USD Million)
                         8.4.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                         8.4.5. China 
                               8.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.4.5.3. Market estimates and forecast, by raw material, 2015 - 2025 (USD Million)
                               8.4.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                         8.4.6. India
                               8.4.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.4.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.4.6.3. Market estimates and forecast, by raw material, 2015 - 2025 (USD Million)
                               8.4.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    8.5. Central & South America
                         8.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         8.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                         8.5.3. Market estimates and forecast, by raw material, 2015 - 2025 (USD Million)
                         8.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                         8.5.5. Brazil
                               8.5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.5.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.5.5.3. Market estimates and forecast, by raw material, 2015 - 2025 (USD Million)
                               8.5.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    8.6. Middle East & Africa (MEA)
                         8.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         8.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                         8.6.3. Market estimates and forecast, by raw material, 2015 - 2025 (USD Million)
                         8.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                         8.6.5. South Africa
                               8.6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                               8.6.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                               8.6.5.3. Market estimates and forecast, by raw material, 2015 - 2025 (USD Million)
                               8.6.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
Chapter 9. Competitive Analysis
                    9.1. Key global players, recent developments & their impact on the industry
                    9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                    9.3. Vendor Landscape
                         9.3.1. Key company market share analysis, 2018
Chapter 10. Company Profiles
                    10.1. Tapestry, Inc.
                         10.1.1. Company Overview
                         10.1.2. Financial Performance
                         10.1.3. Product Benchmarking
                         10.1.4. Strategic Initiatives
                    10.2. Michael Kors
                         10.2.1. Company Overview
                         10.2.2. Financial Performance
                         10.2.3. Product Benchmarking
                         10.2.4. Strategic Initiatives
                    10.3. LVMH Moët Hennessy - Louis Vuitton SE
                         10.3.1. Company Overview
                         10.3.2. Financial Performance
                         10.3.3. Product Benchmarking
                         10.3.4. Strategic Initiatives
                    10.4. Fossil Group, Inc.
                         10.4.1. Company Overview
                         10.4.2. Financial Performance
                         10.4.3. Product Benchmarking
                         10.4.4. Strategic Initiatives
                    10.5. Gucci
                         10.5.1. Company Overview
                         10.5.2. Financial Performance
                         10.5.3. Product Benchmarking
                         10.5.4. Strategic Initiatives
                    10.6. Burberry Group PLC
                         10.6.1. Company Overview
                         10.6.2. Financial Performance
                         10.6.3. Product Benchmarking
                         10.6.4. Strategic Initiatives
                    10.7. Prada S.p.A.
                         10.7.1. Company Overview
                         10.7.2. Financial Performance
                         10.7.3. Product Benchmarking
                         10.7.4. Strategic Initiatives
                    10.8. Hermès International S.A.
                         10.8.1. Company Overview
                         10.8.2. Financial Performance
                         10.8.3. Product Benchmarking
                         10.8.4. Strategic Initiatives
                    10.9. Chanel S.A.
                         10.9.1. Company Overview
                         10.9.2. Financial Performance
                         10.9.3. Product Benchmarking
                         10.9.4. Strategic Initiatives
                    10.10. Compagnie Financière Richemont SA
                         10.10.1. Company Overview
                         10.10.2. Financial Performance
                         10.10.3. Product Benchmarking
                         10.10.4. Strategic Initiatives

List of Tables

1. Handbag - Key market driver analysis
2. Handbag - Key market restraint analysis
3. Global tote bag market estimates and forecast, 2015 - 2025 (USD Million)
4. Global clutch handbag market estimates and forecast, 2015 - 2025 (USD Million)
5. Global satchel handbag market estimates and forecast, 2015 - 2025 (USD Million)
6. Global handbag market estimates and forecast from other products, 2015 - 2025 (USD Million)
7. Global leather handbag market estimates and forecast, 2015 - 2025 (USD Million)
8. Global fabric handbag market estimates and forecast, 2015 - 2025 (USD Million)
9. Global handbag market estimates and forecast from other raw materials, 2015 - 2025 (USD Million)
10. Global handbag market estimates and forecast through online, 2015 - 2025 (USD Million)
11. Global handbag market estimates and forecast through offline, 2015 - 2025 (USD Million)
12. North America handbag market estimates and forecast, 2015 - 2025 (USD Million)
13. North America handbag market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
14. North America handbag market revenue estimates and forecast by raw material, 2015 - 2025 (USD Million)
15. North America handbag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
16. U.S. handbag market estimates and forecast, 2015 - 2025 (USD Million)
17. U.S. handbag market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
18. U.S. handbag market revenue estimates and forecast by raw material, 2015 - 2025 (USD Million)
19. U.S. handbag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
20. Europe handbag market estimates and forecast, 2015 - 2025 (USD Million)
21. Europe handbag market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
22. Europe handbag market revenue estimates and forecast by raw material, 2015 - 2025 (USD Million)
23. Europe handbag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
24. Germany handbag market estimates and forecast, 2015 - 2025 (USD Million)
25. Germany handbag market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
26. Germany handbag market revenue estimates and forecast by raw material, 2015 - 2025 (USD Million)
27. Germany handbag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
28. U.K. handbag market estimates and forecast, 2015 - 2025 (USD Million)
29. U.K. handbag market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
30. U.K. handbag market revenue estimates and forecast by raw material, 2015 - 2025 (USD Million)
31. U.K. handbag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
32. Asia Pacific handbag market estimates and forecast, 2015 - 2025 (USD Million)
33. Asia Pacific handbag market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
34. Asia Pacific handbag market revenue estimates and forecast by raw material, 2015 - 2025 (USD Million)
35. Asia Pacific handbag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
36. China handbag market estimates and forecast, 2015 - 2025 (USD Million)
37. China handbag market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
38. China handbag market revenue estimates and forecast by raw material, 2015 - 2025 (USD Million)
39. China handbag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
40. India handbag market estimates and forecast, 2015 - 2025 (USD Million)
41. India handbag market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
42. India handbag market revenue estimates and forecast by raw material, 2015 - 2025 (USD Million)
43. India handbag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
44. Central & South America handbag market estimates and forecast, 2015 - 2025 (USD Million)
45. Central & South America handbag market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
46. Central & South America handbag market revenue estimates and forecast by raw material, 2015 - 2025 (USD Million)
47. Central & South America handbag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
48. Brazil handbag market estimates and forecast, 2015 - 2025 (USD Million)
49. Brazil handbag market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
50. Brazil handbag market revenue estimates and forecast by raw material, 2015 - 2025 (USD Million)
51. Brazil handbag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
52. MEA handbag market estimates and forecast, 20145- 2025 (USD Million)
53. MEA handbag market revenue estimates and forecast by product, 2015- 2025 (USD Million)
54. MEA handbag market revenue estimates and forecast by raw material, 2015 - 2025 (USD Million)
55. MEA handbag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
56. South Africa handbag market estimates and forecast, 20145 - 2025 (USD Million)
57. South Africa handbag market revenue estimates and forecast by product, 2015- 2025 (USD Million)
58. South Africa handbag market revenue estimates and forecast by raw material, 2015 - 2025 (USD Million)
59. South Africa handbag market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
60. Vendor landscape

List of Figures

1. Handbag market snapshot 
2. Handbag market segmentation & scope
3. Handbag market penetration & growth prospect mapping
4. Handbag value chain analysis
5. Handbag market dynamics
6. Handbag market Porter's analysis 
7. Handbag market: Product movement analysis
8. Handbag market: Raw material movement analysis
9. Handbag market: Distribution channel movement analysis 
10. Handbag market: Regional movement analysis