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Colombia Handbag Market Report and Forecast 2025-2034

Publisher Expert Market Research
Published May 28, 2025
Length 98 Pages
SKU # EMAR20078411

Description

The Colombia handbag market size is estimated to expand at a CAGR of 6.90% between 2025 and 2034.

The Colombia handbag market growth is primarily driven by the expansion of the fashion industry and the increase in consumer purchasing power. The availability of handbags in a wide range of materials and unique designs has also created ample opportunities for market development. The market is further driven by the increasing customer spending on luxury goods and the introduction of new products with high-quality, premium feel, and distinct designs.

Leather, among other raw materials, holds a significant portion of the Colombia handbag market share. Leather bags are a popular choice among consumers because of their numerous advantages. Leather is known for its durability, long-lasting nature, and premium look. A well-made leather handbag can endure years of use, making it a wise investment for daily use. With a variety of finishes and colours available, leather handbags provide versatility in style.

Moreover, many leading bag manufacturers are now focusing on producing bags from natural and recycled organic materials, such as hemp, cotton, and jute, to cater to the environmentally conscious segment of the market. This shift towards eco-friendly products is expected to have a positive impact on the prospects of the market in the future years. The H&M Group, for instance, has already announced that a significant portion of the material it uses is sourced sustainably or made from recycled fibres. The commitment to sustainability is expected to play a major role in company's growth strategy.

Market Segmentation

Colombia Handbag Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type:

Satchel
Clutch
Tote Bag
Others

Market Breakup by Raw Material:

Leather
Fabric
Others

Market Breakup by Distribution Channel:

Online
Offline

Competitive Landscape

The market participants are prioritising the ethical sourcing of raw materials to promote sustainability and meet the needs of environmentally aware consumers.

LVMH Moet Hennessy Louis Vuitton SE
PVH Corp.
Dolce & Gabbana S.r.l.
Capri Holdings Limited
CHANEL SA
Adidas AG
Fossil Group, Inc.
H & M Hennes & Mauritz AB
Andes Bags Ltda
Others

Table of Contents

98 Pages
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Latin America Handbag Market Overview
5.1 Key Industry Highlights
5.2 Latin America Handbag Historical Market (2018-2024)
5.3 Latin America Handbag Market Forecast (2025-2034)
5.4 Latin America Handbag Market Share by Country
5.4.1 Brazil
5.4.2 Mexico
5.4.3 Argentina
5.4.4 Colombia
5.4.5 Others
6 Colombia Handbag Market Overview
6.1 Key Industry Highlights
6.2 Colombia Handbag Historical Market (2018-2024)
6.3 Colombia Handbag Market Forecast (2025-2034)
7 Colombia Handbag Market by Product Type
7.1 Satchel
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Clutch
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Tote Bag
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Others
8 Colombia Handbag Market by Raw Material
8.1 Leather
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Fabric
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Others
9 Colombia Handbag Market by Distribution Channel
9.1 Offline
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Online
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Powers
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Supplier Selection
11.2 Key Global Players
11.3 Key Regional Players
11.4 Key Player Strategies
11.5 Company Profiles
11.5.1 LVMH Moet Hennessy Louis Vuitton SE
11.5.1.1 Company Overview
11.5.1.2 Product Portfolio
11.5.1.3 Demographic Reach and Achievements
11.5.1.4 Certifications
11.5.2 PVH Corp.
11.5.2.1 Company Overview
11.5.2.2 Product Portfolio
11.5.2.3 Demographic Reach and Achievements
11.5.2.4 Certifications
11.5.3 Dolce & Gabbana S.r.l.
11.5.3.1 Company Overview
11.5.3.2 Product Portfolio
11.5.3.3 Demographic Reach and Achievements
11.5.3.4 Certifications
11.5.4 Capri Holdings Limited
11.5.4.1 Company Overview
11.5.4.2 Product Portfolio
11.5.4.3 Demographic Reach and Achievements
11.5.4.4 Certifications
11.5.5 CHANEL SA
11.5.5.1 Company Overview
11.5.5.2 Product Portfolio
11.5.5.3 Demographic Reach and Achievements
11.5.5.4 Certifications
11.5.6 Adidas AG
11.5.6.1 Company Overview
11.5.6.2 Product Portfolio
11.5.6.3 Demographic Reach and Achievements
11.5.6.4 Certifications
11.5.7 Fossil Group, Inc.
11.5.7.1 Company Overview
11.5.7.2 Product Portfolio
11.5.7.3 Demographic Reach and Achievements
11.5.7.4 Certifications
11.5.8 H & M Hennes & Mauritz AB
11.5.8.1 Company Overview
11.5.8.2 Product Portfolio
11.5.8.3 Demographic Reach and Achievements
11.5.8.4 Certifications
11.5.9 Andes Bags Ltda
11.5.9.1 Company Overview
11.5.9.2 Product Portfolio
11.5.9.3 Demographic Reach and Achievements
11.5.9.4 Certifications
11.5.10 Others

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