Dublin, Feb. 03, 2020 (GLOBE NEWSWIRE) -- The "Global Luxury Handbag Market - Analysis By Type (Shoulder Bag, Tote Bag, Briefcase, Others), Sales Channel (Online, Offline), Pricing Analysis: Market Insight, Opportunities and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
The Global Luxury Handbag Market was valued at USD 59,352.05 million in the year 2019.
Countries such as China, Japan, Brazil, Mexico are expected to witness rising demand of high end handbags in the forecast period of 2020-2025. Europe is the largest market of high end items followed by North America. Luxury products Made-in Italy are progressively esteemed by True-Luxury purchasers, increasingly gaining attention among millennials and Chinese purchasers. The reason being availability of eminent, rapid product innovation in the handbags industry, inclination and interest towards individualism and changing lifestyle.
The manufacturers of luxury handbags are constantly attempting to develop their product in terms of shapes, color shades, and weight to meet the differed needs of buyers. Also, Research and Development of the product by major leading global handbag manufacturers in various regions with enhanced availability of bags facilitating the market growth. Additionally, rising self-individualism has been anticipated to spur the market growth during the forecast period.
Among the regions, Europe, followed by North America and APAC, will account for the largest market share owing to rise in internet penetration and number of well-informed buyers, augmented demand for innovative designs of bags introduced in the market, high spending on high end items and increasing penetration of online sales channel.
Scope of the Report
- The report analyses Global Luxury Handbag Market By Value and By Volume.
- The report analyses Global Luxury Handbag Market By Type (Shoulder bags, Tote Bags, Briefcases, Others).
- The report assesses the Global Luxury Handbag Market By Sales Channel (Online and Offline).
- The Global Luxury Handbag Market has been analysed By Region (Americas, Europe, Asia Pacific) and By Country (USA, Italy, France, China, Japan).
- Pricing analysis has been done for the leading handbag brands.
- The attractiveness of the market has been presented By Type and Sales Channel. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
- The companies analysed in the report include Louis Vuitton Mot Hennessy (LVMH), GUCCI, Prada, Burberry, Chanel, Coach, HERMS, Capri Holdings Limited, Tory Burch LLC, MANU Atelier.
- The report presents the analysis of Luxury Handbag market for the historical period of 2015-2019 and the forecast period of 2020-2025.
Key Topics Covered
1. Research Methodology and Executive Summary
1.1 Research Methodology
1.2 Executive Summary
2. Strategic Recommendations
3. Global Luxury Handbag Market: Sizing and Forecast
3.1 Market Size, By Value, Year 2015-2025
3.2 Market Size, By Volume, Year 2015-2025
4. Global Luxury Handbag Market Segmentation - By Type, By Sales Channel
4.1 Competitive Scenario of Global Luxury Handbag: By Type
4.2 Shoulder Bags - Market Size and Forecast (2015-2025)
4.3 Tote Bags - Market Size and Forecast (2015-2025)
4.4 Briefcases - Market Size and Forecast (2015-2025)
4.3 Others - Market Size and Forecast (2015-2025)
5. Global Luxury Handbag Market Segmentation - By Sales Channel
5.1 Competitive Scenario of Global Luxury Handbag: By Sales Channel
5.2 Online - Market Size and Forecast (2015-2025)
5.3 Offline - Market Size and Forecast (2015-2025)
6. Global Luxury Handbag Market: Regional Analysis
6.1 Competitive Scenario of Global Luxury Handbag: By Region
7. Americas Luxury Handbag Market: Segmentation By Type, Sales Channel (2015-2025)
8. Europe Luxury Handbag Market: Segmentation By Type, By Sales Channel (2015-2025)
9. Asia-Pacific Luxury Handbag Market: Segmentation By Type, By Sales Channel (2015-2025)
10. Global Luxury Handbag Market Dynamics
10.1 Drivers
10.2 Restraints
10.3 Trends
11. Market Attractiveness
11.1 Market Attractiveness Chart of Global Luxury Handbag Market - By Type, 2025
11.2 Market Attractiveness Chart of Global Luxury Handbag Market - By Sales Channel, 2025
11.3 Market Attractiveness Chart of Global Luxury Handbag Market - By Region, By Value, 2025
12. Competitive Landscape
12.1 Competitive Landscape of Leading Manufacturers
12.2 Pricing Analysis
12.3 Market Share Analysis
13. Company Analysis
13.1 Louis Vuitton Mot Hennessy (LVMH)
13.2 GUCCI
13.3 Prada
13.4 Burberry
13.5 Chanel
13.6 Coach
13.7 HERMS
13.8 Capri Holdings Limited
13.9 Tory Burch LLC
13.10 MANU Atelier
For more information about this report visit https://www.researchandmarkets.com/r/emcujt
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.