Luxury Handbag Market by Type (Handbag, Backpack, Wallet, and Others), and Distribution Channel (Duty-Free Stores, Online Stores, Discount Stores, Hypermarkets, And Specialty Stores): Global Opportunity Analysis and Industry Forecast, 20192026
- Published Date: 2020-10-07
- Report ID: 525
- Pages: 245
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Format:
The Luxury handbag market size was valued at $58.3 billion in 2018 and is expected to reach $89.9 billion by 2026, registering a CAGR of 5.6% from 2019 to 2026.
Premiumization is a process where the manufacturers make a brand or a product more appealing to consumers by emphasizing on its superior quality and exclusivity. It is driven by preference for high-quality products and the desire to demonstrate success. Customers tend to choose premium quality products owing to the rise in per capita income. Luxury handbagare premium products due to high pricing with value added features and specification. Such features attract the attention of the customers, who can afford premium range of products. This is expected to increase the adoption of luxury handbagamong its end users. This in turn boosts the growth of the market. Social media marketing is one of the major strategies adopted by various companies and industries, including wearable products market, on imparting awareness about their product offerings among target customers on social media channels. Thus, through social media marketing strategy, the global luxury handbag market sights critical opportunity in gaining traction and eventually increase its registration among its target segments.Meanwhile, companies are also re-examining the value of brand heritage and brand history for their customers. Consumer demand has become the core focus of the business, hence the adoption of an onmi-personal approach, irrespective of the choice of channel.
The global luxury handbag market size is segmented on the basis of type, distribution channel, and region. By type, it is classified into handbag, backpack, wallet, and others.By distribution channel, the market is further sub-segmented into duty free stores, online stores, discount stores, hypermarket, specialty stores. By region, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (German, France, UK, Italy, Spain, The Netherlands, and Rest of Europe), Asia-Pacific (Japan, China, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Key players profiled for luxury handbag industry include LVMH, FurlaSpA, Longchamp, Luxottica Group, Mulberry Group, Vera Bradley, Guccio Gucci S.p.A, Samsonite International S.A./Tumi brand, Valentino S.p.A., and ZV France SAS
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current and emerging market trends and opportunities in the global luxury handbagmarket.
The report provides detailed qualitative and quantitative analysis of current trends and future estimations that help evaluate the prevailing market opportunities.
A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth.
KEY MARKET SEGMENTS
By Type
Handbag
Backpack
Wallet
Others
By Distribution Channel
Duty free stores
Online stores
Discount Stores
Hypermarket
Specialty stores
By Region
North America
o U.S.
o Canada
o Mexico
Europe
o Germany
o France
o UK
o Italy
o Spain
o The Netherlands
o Rest of Europe
Asia-Pacific
o Japan
o China
o Australia
o Rest of Asia-Pacific
LAMEA
o Latin America
o Middle East
o Africa
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Parent Market Overview
3.3. Key Forces Shaping Luxury Handbag market
3.3.1. High bargaining power of suppliers
3.3.2. Moderate-to-high threat of new entrants
3.3.3. Moderate threat of substitutes
3.3.4. Moderate intensity of rivalry
3.3.5. Moderate bargaining power of buyers
3.4. INDUSTRY PAIN POINT ANALYSIS
3.5. CONSUMER ANALYSIS
3.6. Value Chain Analysis
3.7. Impact of government regulations on market
3.8. Market dynamics
3.8.1. Drivers
3.8.1.1. Increase in online retail of luxury handbag
3.8.1.2. Growth in emerging market
3.8.2. Restraints
3.8.2.1. High taxation and import duties on luxury goods
3.8.2.2. Counterfeit products
3.8.3. Opportunities
3.8.3.1. Premiumization trend provide immense opportunity
3.8.3.2. Rise of social media marketing
CHAPTER 4: LUXURY HANDBAG MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast, by region
4.2. Handbag
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. Backpack
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. Wallet
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country
4.5. Others
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country
CHAPTER 5: LUXURY HANDBAG MARKET, BY DISTRIBUTION CHANNNEL
5.1. Overview
5.1.1. Market size and forecast, by region
5.2. Duty free stores
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. Online stores
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. Discount Stores
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
5.5. Hypermarket
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country
5.6. Specialty stores
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis by country
CHAPTER 6: LUXURY HANDBAG MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast, by region
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, BY Type
6.2.3. Market size and forecast, by distribution channel
6.2.4. Market analysis by Country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, BY Type
6.2.4.1.2. Market size and forecast, by distribution channel
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by type
6.2.4.2.2. Market size and forecast, by distribution channel
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, BY Type
6.2.4.3.2. Market size and forecast, by Distribution Channel
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by type
6.3.3. Market size and forecast, by Distribution Channel
6.3.4. Market analysis by country
6.3.4.1. Germany
6.3.4.1.1. Market size and forecast, by type
6.3.4.1.2. Market size and forecast, by Distribution Channel
6.3.4.2. France
6.3.4.2.1. Market size and forecast, BY Type
6.3.4.2.2. Market size and forecast, by Distribution Channel
6.3.4.3. UK
6.3.4.3.1. Market size and forecast, BY Type
6.3.4.3.2. Market size and forecast, by Distribution Channel
6.3.4.4. Italy
6.3.4.4.1. Market size and forecast, BY Type
6.3.4.4.2. Market size and forecast, by Distribution Channel
6.3.4.5. Spain
6.3.4.5.1. Market size and forecast, BY Type
6.3.4.5.2. Market size and forecast, by Distribution Channel
6.3.4.6. The Netherlands
6.3.4.6.1. Market size and forecast, BY Type
6.3.4.6.2. Market size and forecast, by Distribution Channel
6.3.4.7. Rest of Europe
6.3.4.7.1. Market size and forecast, BY Type
6.3.4.7.2. Market size and forecast, by Distribution Channel
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by type
6.4.3. Market size and forecast, by Distribution Channel.
6.4.4. Market size and forecast, by country.
6.4.4.1. Japan
6.4.4.1.1. Market size and forecast, BY Type
6.4.4.1.2. Market size and forecast, by Distribution Channel
6.4.4.2. China
6.4.4.2.1. Market size and forecast, BY Type
6.4.4.2.2. Market size and forecast, by Distribution Channel
6.4.4.3. Australia
6.4.4.3.1. Market size and forecast, BY Type
6.4.4.3.2. Market size and forecast, by Distribution Channel
6.4.4.4. Rest of Asia-Pacific
6.4.4.4.1. Market size and forecast, by type
6.4.4.4.2. Market size and forecast, by distribution channel
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by type
6.5.3. Market size and forecast, by distribution channel
6.5.5. Market size and forecast, by country
6.5.5.2. Latin America
6.5.5.2.1. Market size and forecast, by type
6.5.5.2.2. Market size and forecast, by distribution channel
6.5.5.3. Middle East
6.5.5.3.1. Market size and forecast, by type
6.5.5.3.2. Market size and forecast, by distribution channel
6.5.5.4. Africa
6.5.5.4.1. Market size and forecast, BY Type
6.5.5.4.2. Market size and forecast, by Distribution Channel
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Competitive Dashboard
7.2. Competitive Heatmap
7.3. Key developments
7.3.1. Acquisition
CHAPTER 8: COMPANY PROFILES
8.1. Furla S.p.A.
8.1.1. Company overview
8.1.2. Key Executive
8.1.3. Company snapshot
8.1.4. Product portfolio
8.2. Guccio Gucci S.p.A.
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Product portfolio
8.2.5. Business performance
8.3. Longchamp
8.3.1. Company overview
8.3.2. Key Executive
8.3.3. Company snapshot
8.3.4. Product portfolio
8.4. LUXOTTICA GROUP
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Product portfolio
8.4.5. Business performance
8.5. Mulberry Group plc
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. Business performance
8.6. Vera Bradley Sales, LLC
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. Business performance
8.7. Valentino S.p.A.
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Product portfolio
8.8. ZV France SAS
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Product portfolio
8.9. Lvmh group
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.10. Samsonite International S.A.
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.10.6. R&D Expenditure
8.10.7. Business performance
8.10.8. Key strategic moves and developments
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