The Global Women’s Handbags Market is anticipated to rise at a
significant CAGR in the forthcoming period. Handbag designs and purse for women
is a bigger commercial industry worldwide. In particular, women consumers have
a huge demand for fashionable bags which can also be used as a briefcase,
laptop and etc., hence, handbags play a vital role in women’s life. On a
specific note, a handbag can reveal about a woman’s age, style and appeal which
can tell more about her beauty. Apart from being a fashion statement, handbags
must be large, sturdy and functional to support the need of lifestyle and
lifestyle itself.
From the commercial standpoint, a women’s handbag may come in
different forms such as shoulder bag, wedding bag, barrel/duffel bag,
clutch/purse, laptop purse/bag, envelope bag, messenger bag and cosmetic bag.
The women’s handbags market is driven by factors such as favorable economic
conditions triggering consumer confidence coupled with rise in disposable
income. Rise in social media coupled with advent of e-commerce adds to the growth
of women’s handbags industry. Internet and social media marketing helps
manufacturers and retailers to advertise their products thus accelerating the
online and retail stores.
However, market restraints such as local copies of brands and
cheaper availability of such is likely to hamper the market growth in the
forthcoming period. Stringent norms and regulations pertaining to luxury
handbags are also expected to hinder the growth of women’s handbags market in
the forthcoming period. Geographical segmentation for women’s handbags industry
includes North America, South America, Europe, Asia-Pacific, Middle-East and
Africa.
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North America women’s handbags industry is expected to
witness a staggering growth in the forthcoming period due to rising demand for
handbags and accessories coupled with strengthening of economic conditions.
APAC women’s handbags industry is anticipated to witness a staggering growth in
the forthcoming period due to proliferation of internet, social media and
e-commerce. The key players in the women’s handbags market include Marcus,
Urban Expressions, Becarro International, Excel Handbags Co, Double J Saddlery,
Baikal Inc, Terner’ of Miami Corp, Judith Leiber, America Sewing &
Packaging Inc, Teague William & Co, Spilene, Designer Bags &
Accessories, Dooney & Bourke PR and Coach Stores.
Market
Segment:
Geographically,
this report is segmented into several key Regions, with production,
consumption, revenue (million USD), market share and growth rate of Women's Handbags
in these regions, from 2012 to 2022 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
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