Global Luxury Bag Market to reach USD 39.66 Billion by 2026.
May 2020
200
About the Report
About the Report
Global Luxury Bag Market is valued approximately USD 23.14 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.00% over the forecast period 2019-2026. Handbags are fashionably designed hand-held bag used to hold vital items of personal use. Normally, these handbags are larger than a purse or pouch. Purses are accessories which are used to hold objects inclusive of currency and other non-public objects. The purses enterprise is experiencing a boom, with fashion designer handbags and different varieties commanding lots of greenbacks. Luxury bags are essentially baggage that also encompass purses, satchels, and wallets amongst others that are available in various sizes and are made up of fashionable designs. . The globally outbreak of COVID-19 impacts in shutdowns of organizations or industries align with lockdown of various economies across the globe. Hence, it may result in minimizing the pace of market growth soon. The luxury bags or handbags are gaining significant growth due to the rising disposable income of population across the globe. For instance: According to the government of India 2019, the per capita income in 2018 was stood at USD 134.18 and expected to increase with 10% till 2019 that is USD 147.54. Also, according to the United States Census Bureau, the median per capita income of US in 2017 was USD 31,982 and increase to USD 33,706 till 2018. In addition, the rising population of working women is also the factors attributed towards the lucrative growth of market over the forecast years. However, higher cost of luxury bags and availability of other purse as an alternative of luxury bags in lower cost is the factors hampering the growth of market over the forecast years.
The regional analysis of global Luxury Bag market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising growth in per capita income of people across the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising population of working women in the region and rapid growth in disposable income of population would create lucrative growth prospects for the Luxury Bag market across Asia-Pacific region.
Major market player included in this report are:
Loeffler Randall, Inc.
Macy's Inc.
Michael Kors Holdings Limited
The Lacoste Group
Kate Spade
Giorgio Armani S.p.A.
PVH Corp.
Chloe
Furla
Ganni A/S
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Tote Bags
Clutch Bags
Backpacks
Satchels and Shoulder Bags
Other
By Application:
15-25 Aged
25-50 Aged
Older than 50
Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year-2016, 2017, 2018
Base year-2019
Forecast period-2020 to 2026
Target Audience of the Global Luxury Bag Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Products
Companies
Loeffler Randall, Inc.
Macy's Inc.
Michael Kors Holdings Limited
The Lacoste Group
Kate Spade
Giorgio Armani S.p.A.
PVH Corp.
Chloe
Furla
Ganni A/S
Table of Contents
Table of Contents
TABLE OF CONTENTS
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Luxury Bag Market, by Region, 2018-2026 (USD Billion)
1.2.2. Luxury Bag Market, by Product, 2018-2026 (USD Billion)
1.2.3. Luxury Bag Market, by Application, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Luxury Bag Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Luxury Bag Market Dynamics
3.1. Luxury Bag Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Luxury Bag Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Luxury Bag Market, by Product
5.1. Market Snapshot
5.2. Global Luxury Bag Market by Product, Performance-Potential Analysis
5.3. Global Luxury Bag Market Estimates & Forecasts by Product 2016-2026 (USD Billion)
5.4. Luxury Bag Market, Sub Segment Analysis
5.4.1. Tote Bags
5.4.2. Clutch Bags
5.4.3. Backpacks
5.4.4. Satchels and Shoulder Bags
5.4.5. Other
Chapter 6. Global Luxury Bag Market, by Application
6.1. Market Snapshot
6.2. Global Luxury Bag Market by Application, Performance-Potential Analysis
6.3. Global Luxury Bag Market Estimates & Forecasts by Application 2016-2026 (USD Billion)
6.4. Luxury Bag Market, Sub Segment Analysis
6.4.1. 15-25 Aged
6.4.2. 25-50 Aged
6.4.3. Older than 50
6.4.4. Other
Chapter 7. Global Luxury Bag Market, Regional Analysis
7.1. Luxury Bag Market, Regional Market Snapshot
7.2. North America Luxury Bag Market
7.2.1. U.S. Luxury Bag Market
7.2.1.1. Product breakdown estimates & forecasts, 2016-2026
7.2.1.2. Application breakdown estimates & forecasts, 2016-2026
7.2.2. Canada Luxury Bag Market
7.3. Europe Luxury Bag Market Snapshot
7.3.1. U.K. Luxury Bag Market
7.3.2. Germany Luxury Bag Market
7.3.3. Rest of Europe Luxury Bag Market
7.4. Asia-Pacific Luxury Bag Market Snapshot
7.4.1. China Luxury Bag Market
7.4.2. India Luxury Bag Market
7.4.3. Japan Luxury Bag Market
7.4.4. Rest of Asia Pacific Luxury Bag Market
7.5. Latin America Luxury Bag Market Snapshot
7.5.1. Brazil Luxury Bag Market
7.5.2. Mexico Luxury Bag Market
7.6. Rest of The World Luxury Bag Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Loeffler Randall, Inc.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Macy's Inc.
8.2.3. Michael Kors Holdings Limited
8.2.4. The Lacoste Group
8.2.5. Kate Spade
8.2.6. Giorgio Armani S.p.A.
8.2.7. PVH Corp.
8.2.8. Chloe
8.2.9. Furla
8.2.10. Ganni A/S
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
List of Figure
List of Figures
FIG 1. GLOBAL LUXURY BAG MARKET, RESEARCH METHODOLOGY
FIG 2. GLOBAL LUXURY BAG MARKET, MARKET ESTIMATION PRODUCTS
FIG 3. GLOBAL MARKET SIZE ESTIMATES & FORECAST METHODS
FIG 4. GLOBAL LUXURY BAG MARKET, KEY TRENDS 2019
FIG 5. GLOBAL LUXURY BAG MARKET, GROWTH PROSPECTS 2020-2026
FIG 6. GLOBAL LUXURY BAG MARKET, PORTERS 5 FORCE MODEL
FIG 7. GLOBAL LUXURY BAG MARKET, PEST ANALYSIS
FIG 8. GLOBAL LUXURY BAG MARKET, VALUE CHAIN ANALYSIS
FIG 9. GLOBAL LUXURY BAG MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 10. GLOBAL LUXURY BAG MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 11. GLOBAL LUXURY BAG MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 12. GLOBAL LUXURY BAG MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 13. GLOBAL LUXURY BAG MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 14. GLOBAL LUXURY BAG MARKET, REGIONAL SNAPSHOT 2016 & 2026
FIG 15. NORTH AMERICA LUXURY BAG MARKET 2016 & 2026 (USD BILLION)
FIG 16. EUROPE LUXURY BAG MARKET 2016 & 2026 (USD BILLION)
FIG 17. ASIA PACIFIC LUXURY BAG MARKET 2016 & 2026 (USD BILLION)
FIG 18. LATIN AMERICA LUXURY BAG MARKET 2016 & 2026 (USD BILLION)
FIG 19. GLOBAL LUXURY BAG MARKET, COMPANY MARKET SHARE ANALYSIS (2019)
List of Table
List of Tables
TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL LUXURY BAG MARKET
TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL LUXURY BAG MARKET
TABLE 3. GLOBAL LUXURY BAG MARKET, REPORT SCOPE
TABLE 4. YEARS CONSIDERED FOR THE STUDY
TABLE 5. EXCHANGE RATES CONSIDERED
TABLE 6. GLOBAL LUXURY BAG MARKET ESTIMATES & FORECASTS BY REGION 2016-2026 (USD BILLION)
TABLE 7. GLOBAL LUXURY BAG MARKET ESTIMATES & FORECASTS BY PRODUCT 2016-2026 (USD BILLION)
TABLE 8. GLOBAL LUXURY BAG MARKET ESTIMATES & FORECASTS BY APPLICATION 2016-2026 (USD BILLION)
TABLE 9. GLOBAL LUXURY BAG MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 10. GLOBAL LUXURY BAG MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 11. GLOBAL LUXURY BAG MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 12. GLOBAL LUXURY BAG MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 13. GLOBAL LUXURY BAG MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 14. GLOBAL LUXURY BAG MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 15. GLOBAL LUXURY BAG MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 16. GLOBAL LUXURY BAG MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 17. GLOBAL LUXURY BAG MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 18. GLOBAL LUXURY BAG MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 19. U.S. LUXURY BAG MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 20. U.S. LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 21. U.S. LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 22. CANADA LUXURY BAG MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 23. CANADA LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 24. CANADA LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 25. UK LUXURY BAG MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 26. UK LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 27. UK LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 28. GERMANY LUXURY BAG MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 29. GERMANY LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 30. GERMANY LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 31. ROE LUXURY BAG MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 32. ROE LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 33. ROE LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 34. CHINA LUXURY BAG MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 35. CHINA LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 36. CHINA LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 37. INDIA LUXURY BAG MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 38. INDIA LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 39. INDIA LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 40. JAPAN LUXURY BAG MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 41. JAPAN LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 42. JAPAN LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 43. ROAPAC LUXURY BAG MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 44. ROAPAC LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 45. ROAPAC LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 46. BRAZIL LUXURY BAG MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 47. BRAZIL LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 48. BRAZIL LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 49. MEXICO LUXURY BAG MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 50. MEXICO LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 51. MEXICO LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 52. ROLA LUXURY BAG MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 53. ROLA LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 54. ROLA LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 55. ROW LUXURY BAG MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 56. ROW LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 57. ROW LUXURY BAG MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
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