Global Leather Handbags Market Size, Trends and Growth Opportunity, By Product Type (Handheld Bags, Satchel Bags, Shoulder Bags, Sling Bags, Tote Bags, Others), Bag Size (Small, Regular, Oversized), Price Range (Low, Mid, High), Distribution Channel (Direct, Retail, E-Commerce), End user (Men, Women), By Region and Forecast Till 2027.
Report ID : IR100272 | Industries : Energy & Power | Published On :June 2024 | Page Count : 115
Global Leather Handbags Market Size, Trends and Growth Opportunity, By Product Type (Handheld Bags, Satchel Bags, Shoulder Bags, Sling Bags, Tote Bags, Others), Bag Size (Small, Regular, Oversized), Price Range (Low, Mid, High), Distribution Channel (Direct, Retail, E-Commerce), End user (Men, Women), By Region and Forecast Till 2027.
Global Leather Handbags Market
The Global Leather Handbags Market was valued at US$28.22 billion in 2021 and it is expected to reach at US$42.11 billion in 2027 at a CAGR of 6.35% during forecast period 2022-2027.
Leather handbags are a trendy addition that extends the life of the products while also enhancing their resilience. High-quality leather is utilised to create them. The increased use of leather in handbags results in a more appealing look for the product. Features like more pockets and compartments raise the demand for handbags while also increasing their price.
Market Drivers
Increasing fashion consciousness among men and women draws several brands to expand their product portfolio in the men's and women's segments. The growing demands for practical, stylish, and comfortable leather handbags, as well as the rising number of working people around the world, are some of the major factors expected to propel the growth rate of the leather handbags market over the forecast period. Recent affordable leather handbags are also becoming more popular in the entire market, in addition to traditional handbags.
Market Restraints
The unethical slaughter of several animals for the manufacture of leather handbags is catching the attention of many animal lover shoppers. Luxury shoppers' increased reluctance to support animal slaughter has undoubtedly impacted the market for leather goods and will impede its expansion.
Impact of COVID-19 on Leather Handbags Market
The sale for leather handbags was negatively impacted by the Covid-19 outbreak. Every business in the world has been hit by the global epidemic, including the leather handbag industry. The supply chain for leather handbags has been affected by the pandemic's growing effects, and raw material price instability has slowed the market's rate of expansion globally. The fashion sector must pay close attention to the market value decrease brought on by the sharp decline in handbag demand.
Market Segmentation
The global leather handbags market is segmented into product type, bag size, price range, distribution channel and end user. By product type it segmented into handheld bags, satchel bags, shoulder bags, sling bags, tote bags, others. By bag size it segmented into small, regular, oversized. By price range it segmented into low, mid, high. By distribution channel it segmented into direct, retail and ecommerce. By end user it segmented into men and women.
Regional Analysis
The global leather handbags market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. In terms of market revenue and market share, North America currently holds a sway over the industry, and this trend will only continue. On the other hand, Asia-Pacific is predicted to have lucrative growth throughout the forecast period because to the increasing spending on research and development in the region's emerging economies. The market expansion in this region is attributable to the growing applications within the region.
Key Players
Various key players are listed in this report such as Burberry Group Plc (U.K.), Capri Holdings Limited (U.S.) CHANEL (U.K.), Dolce and Gabbana Srl (Italy), Double R Bags (India), Giorgio Armani Spa (Italy), Hermes International SA (France), Kering (France), LVMH (France), Mulberry (U.K.),
Market Taxonomy
By Product Type
• Handheld Bags
• Satchel Bags
• Shoulder Bags
• Sling Bags
• Tote Bags
• Others
By Bag Size
• Small
• Regular
• Oversized
By Price Range
• Low
• Mid
• High
By Distribution Channel
• Direct
• Retail
• Ecommerce
By End User
• Men
• Women
Key Question Addressed by the Report
• What are the Key Opportunities in Global Leather Handbags Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
• What is the competitive Landscape in the industry?
Global Leather Handbags Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Leather Handbags Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Leather Handbags Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Leather Handbags Market Share Analysis, By Product Type
5.3 Global Leather Handbags Market Size and Forecast, By Product Type
5.3.1 Handheld Bags
5.3.2 Satchel Bags
5.3.3 Shoulder Bags
5.3.4 Sling Bags
5.3.5 Tote Bags
5.3.6 Others
6 Global Leather Handbags Market, By Bag Size
6.1 Y-o-Y Growth Comparison, By Bag Size
6.2 Global Leather Handbags Market Share Analysis, By Bag Size
6.3 Global Leather Handbags Market Size and Forecast, By Bag Size
6.3.1 Small
6.3.2 Regular
6.3.3 Oversized
7 Global Leather Handbags Market, By Price Range
7.1 Y-o-Y Growth Comparison, By Price Range
7.2 Global Leather Handbags Market Share Analyses, By Price Range
7.3 Global Leather Handbags Market Share Analysis, By Price Range
7.3.1 Low
7.3.2 Mid
7.3.3 High
8 Global Leather Handbags Market, By Distribution Channel
8.1 Y-o-Y Growth Comparison, By Distribution Channel
8.2 Global Leather Handbags Market Share Analysis, By Distribution Channel
8.3 Global Leather Handbags Valve Market Size and Forecast, By Distribution Channel
8.3.1 Direct
8.3.2 Retail
8.3.3 Ecommerce
9 Global Leather Handbags Market, By End User
9.1 Y-o-Y Growth Comparisons, By End User
9.2 Global Leather Handbags Market Share Analysis, By End User
9.3 Global Leather Handbags Valve Market Size and Forecast, By End User
9.3.1 Men
9.3.2 Women
10 Global Leather Handbags Market, By Region
10.1 Global Leather Handbags Market Share Analysis, By Region
10.2 Global Leather Handbags Market Share Analysis, By Region
11 North America Leather Handbags Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 North America Leather Handbags Market Share Analysis, By Product Type
11.3 North America Leather Handbags Market Size and Forecast, By Bag Size
11.4 North America Leather Handbags Market Size and Forecast, By Price Range
11.5 North America Leather Handbags Market Size and Forecast, By Distribution Channel
11.6 North America Leather Handbags Market Size and Forecast, By End User
11.7 North America Leather Handbags Market Size and Forecast, By Country
11.7.1 U.S
11.7.1 Canada
11.7.3 Mexico
12 Europe Leather Handbags Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Europe Leather Handbags Market Share Analysis, By Product Type
12.3 Europe Leather Handbags Market Size and Forecast, By Bag Size
12.4 Europe Leather Handbags Market Size and Forecast, By Price Range
12.5 Europe Leather Handbags Market Size and Forecast, By Distribution Channel
12.6 Europe Leather Handbags Market Size and Forecast, By End User
12.7 Europe Leather Handbags Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4 Rest of Europe
13 Asia Pacific Leather Handbags Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Asia Pacific Leather Handbags Market Size and Forecast, By Product Type
13.3 Asia Pacific Leather Handbags Market Size and Forecast, By Bag Size
13.4 Asia Pacific Leather Handbags Market Size and Forecast, By Price Range
13.5 Asia Pacific Leather Handbags Market Size and Forecast, By Distribution Channel
13.6 Asia Pacific Leather Handbags Market Size and Forecast, By End User
13.7 Asia Pacific Leather Handbags Market Size and Forecast, By Country
13.7.1 China
13.7.2 Japan
13.7.3 India
13.7.4. Rest of Asia Pacific
13 Latin America Leather Handbags Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Latin America Leather Handbags Market Size and Forecast, By Product Type
14.3 Latin America Leather Handbags Market Size and Forecast, By Bag Size
14.4 Latin America Leather Handbags Market Size and Forecast, By Price Range
14.5 Latin America Leather Handbags Market Size and Forecast, By Distribution Channel
14.6 Latin America Leather Handbags Market Size and Forecast, By End User
14.7 Latin America Leather Handbags Market Size and Forecast, Country
14.7.1 Brazil
14.7.2. Rest of Latin America
15 Middle East Leather Handbags Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Middle East Leather Handbags Market Share Analysis, By Product Type
15.3 Middle East Leather Handbags Market Size and Forecast, By Bag Size
15.4 Middle East Leather Handbags Market Size and Forecast, By Price Range
15.5 Middle East Leather Handbags Market Size and Forecast, By Distribution Channel
15.6 Middle East Leather Handbags Market Size and Forecast, By End User
15.7 Middle East Leather Handbags Market Size and Forecast, By Country
15.7.1. Saudi Arabia
15.7.2. UAE
15.7.3. Egypt
15.7.4. Kuwait
15.7.5. South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1. Burberry Group Plc. (U.K.)
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2. Dolce and Gabbana Srl (Italy)
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3. Capri Holdings Limited (U.S.)
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4. CHANEL (U.K.)
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5. Double R Bags (India)
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6. Giorgio Armani Spa (Italy)
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7. Hermes International SA (France)
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8. Kering (France)
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9. LVMH (France)
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10. Mulberry (U.K.)
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies