Global Luxury Handbags Market (2021 to 2026)

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Global luxury handbags market

Global luxury handbags market

Global luxury handbags market

Dublin, 17 Feb. 2022 (GLOBE NEWSWIRE) — The “Global Luxury Handbags Market (2021-2026) by Type, Distribution Channel, Material, Geography, Competitive Analysis and Impact of Covid-19 with Ansoff Analysis” report has been added to from ResearchAndMarkets.com offer.

The Global Luxury Handbags Market is estimated to be valued at USD 71.84 Billion in 2021 and is projected to reach USD 97.05 Billion by 2026, growing at a CAGR of 6.2%.

Market dynamics

Key factors such as rising per capita income, evolving new offerings, and increasing internet penetration are driving the growth of the market. Growing product innovation and changing fashion trends are key opportunities in the market. With the increase in the female labor force, luxury handbag manufacturers are developing handbags reinforced with cell phone holders, laptop sleeves and key rings that provide a luxurious feel without compromising the quality. The demand for men’s luxury handbags is increasing as they have identified luxury handbags as a lifestyle product. However, the high cost of luxury handbags is major.

The global luxury handbags market is segmented on the basis of type, distribution channel, material, and geography.

Company Profiles

Some of the companies covered in this report are Burberry, Giorgio Armani, Prada, GANNI, Loeffler Randall, Macy’s, Michael Kors, etc.

Countries studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)

  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)

  • Middle East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)

  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and assess the position of companies based on their industry position score and market performance score. The tool uses various factors to classify players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc

Why buy this report?

  • The report offers a comprehensive assessment of the global luxury handbags market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size projections. Projections are calculated using proven research methodologies.

  • The report has been compiled through extensive primary and secondary research. The main research is done through interviews, surveys and observations of renowned personnel in the industry.

  • The report includes in-depth market analysis using Porter’s 5 forces model and Ansoff’s matrix. Additionally, the impact of Covid-19 on the market is also presented in the report.

  • The report also includes the regulatory scenario in the industry, which will help you to make an informed decision. The report discusses the major regulatory bodies and major rules and regulations imposed on this industry across various geographies.

  • The report also contains competitive analysis using the IGR Ranking Quadrants, Infogence’s proprietary competitive positioning tool.

Main topics covered:

1 Description of the report

2 Research methodology

3 Executive Summary

4 market influencers
4.1 Drivers
4.1.1 Overall increase in per capita income and increase in the population of working women
4.1.2 Evolution of retail and e-commerce
4.1.3 Increased Internet Penetration and Social Media Influence
4.2 Restraint
4.2.1 Higher cost of luxury bags
4.3 Opportunities
4.3.1 Increase in product innovation with changing fashion trends
4.3.2 Demand for Luxury Men’s Handbags
4.4 Challenges
4.4.1 Availability of alternatives

5 Market Analysis
5.1 Regulatory scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff matrix analysis

6 Global Luxury Handbags Market, by Type
6.1 Presentation
6.2 Purse
6.3 Backpack
6.4 Wallet
6.5 Others

7 Global Luxury Handbags Market, By Distribution Channel
7.1 Presentation
7.2 Duty Free Shops
7.3 Online shops
7.4 Discount stores
7.5 Hypermarket
7.6 Specialized stores

8 Global Luxury Handbags Market, By Material
8.1 Presentation
8.2 Cotton
8.3 Leather
8.4 Nylon
8.5 Synthetic

9 Global Luxury Handbags Market, By Gender
9.1 Presentation
9.2 Man
9.3 Woman

10 Global Luxury Handbags Market, By Geography

11 Competitive landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 Mergers and Acquisitions and Investments
11.3.2 Partnerships and collaborations
11.3.3 Product developments and improvements

12 company profiles
12.1 Burberry
12.2 Loeffler Randall
12.3 Prada
12.4 Furla
12.5 GANNI
12.6 Giorgio Armani
12.7 Gucci
12.8 Hermes
12.9 Kate Spade
12.10 Longchamp
12.11 Louis Vuitton
12.12 Louvreuse
12.13 Macy’s
12.14 Michael Kors
12.15 Mulberry Group
12.16 Polene
12.17 Ralph Lauren
12.18 Rebecca Minkoff
12.19 Richemont
12:20 p.m. Samsonite International
12.21 Valentino
12.22 Vera Bradley Sales
12.23 Yves Saint Laurent

13 Appendix

For more information on this report, visit https://www.researchandmarkets.com/r/yhskdx

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