Global Luxury Handbags Market Research Report: Information by Type (Clutches, Crossbody Bags, Shoulder Bags, Satchels, Hobo Bags, Tote Bags, Briefcases and others), Material Type (Leather, Cotton, Synthetic and others), Consumer Group (Men, Women and Unisex), Distribution Channel (Store-Based and Non-Store-Based) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2024
Luxury handbags market CAGR of 6.8% by the end of 2024
1. Luxury Handbags Market Research Report -Global
Forecast till 2024
IndustrySurvey, Growth, Competitive Landscape
and Forecasts to 2024
PREPARED BY
MarketResearch Future
(Part of Wantstats Research & Media Pvt. Ltd.)
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Luxury Handbags MarketResearch Report- Forecast to 2024
A luxury handbag or a luxury designer handbag is crafted from the finest materials to provide an exquisite look and finish. The main purpose of
these premium bags is to make a style statement. They are available in different styles, materials, and sizes. Luxury handbags are commonly
custom-made according to the needs of the buyer. The global luxury handbag market size is estimated to reach USD 33.94 Billion and record a
CAGR of6.8% by the endof2024.
Luxury Handbags Market 2020:IndustrySurvey, Growth, Competitive Landscape and Forecasts to2024
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Luxury Handbags MarketResearch Report- Forecast to 2024
The globalmarkethasbeen segmentedonthe basisoftype,materialtype,consumergroup,distributionchannel,andregion.
Based on type, the global luxury handbags market is divided into clutches, crossbody bags, shoulder bags, satchels, hobo bags, tote bags,
briefcases, and others. The clutches segment accounted for the largest share of the global luxury handbags market in 2018 due to the innovative
style and utility of these bags. However, the briefcases segment is expected to register the highest growth rate owing to the expanding men’s
luxury handbagsmarket.
Basedonmaterialtype,the globalluxury handbagsmarket hasbeencategorizedintoleather,cotton,synthetic,andothers.
“Taste the market data and market information presented through more than 50market datatables and figures
spreadin 100numbers of pages of the project report.Avail the in-depth table of content TOC &market synopsis
on “Luxury Handbags Market Research Report - Global Forecast 2024”
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Luxury Handbags MarketResearch Report- Forecast to 2024
Regional Analysis
The globalluxuryhandbagsmarket hasbeenregionallysegmentedintoNorthAmerica,Europe, Asia-Pacific,andthe restofthe world.
The European market is expected to be the largest during the review period. High per capita disposable incomes and the presence of major brands
are driving the demand for luxury handbags in the region. The market for luxury handbags in Asia-Pacific is estimated to register the highest
growthrate,primarilydueto the increasingper capitadisposableincomesinChina, Japan,andIndiaandthefast-growingonline retailsector.
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