
Middle East and Africa Handbags Market Report and Forecast 2025-2034
Description
The Middle East and Africa handbags market was valued at USD 2.68 Billion in 2024. The industry is expected to grow at a CAGR of 5.20% during the forecast period of 2025-2034 to attain a valuation of USD 4.45 Billion by 2034.
Middle East and Africa Handbags Market Growth
A survey in the United Arab Emirates and Saudi Arabia revealed that 50% of high-income individuals spend an average of over $1,000 per month on fashion. 40% of consumers’fashionbudget is allocated to purchases made outside their home countries, with approximately 20% spent outside the Middle East. Moreover, international and regional brands are increasing their presence in the MEA region, making handbags more accessible to a larger audience. The rise of e-commerce platforms has facilitated consumer access to a variety of handbag brands and styles, fuelling the market expansion. Furthermore, social media platforms and influencers have a significant impact on shaping fashion trends and consumer preferences in the region.
The region is witnessing a notable expansion in the second-hand luxury handbag sector. Dubai, for example, is renowned for its opulent shopping centres and upscale stores, making it a haven for shoppers. Moreover, the city also features a flourishing market for pre-owned luxury bags. Brands like Louis Vuitton, Chanel, and Hermes are particularly sought after due to their ability to retain value over time.
The rise in environmental awareness has created a demand for handbags crafted from sustainable andeco-friendly materials. Consumers are increasingly drawn to brands that follow ethical production methods and support social causes. For instance, Veganologie, a Dubai-based sustainable accessories brand founded by women, exclusively uses vegan, recycled, or sustainable materials.
Middle East and Africa Handbags Industry Segmentation
“Middle East and Africa Handbags Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Raw Material
Leather
Fabric
Others
Market Breakup by Product Type
Satchel
Bucket Bag
Clutch
Tote Bag
Others
Market Breakup by Category
Mass
Premium
Market Breakup by Distribution Channel
Online
Offline
Market Breakup by Country
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Others
Middle East and Africa Handbags Market Share
Based on raw material, the market is segmented intoleather, and fabric, among others. The leather segment is projected to grow at a CAGR of 5.8% during the forecast period of 2025-2034. Leather handbags are a stylish and elegant accessory known for their durability, elegance, and versatility. Leather is resistant to damage, making it a practical choice for everyday use.
Leading Companies in the Middle East and Africa Handbags Market
Major players are focusing on the application of sustainable raw materials, including vegan leather and natural fabric, to gain a competitive edge in the market.
Burberry Group Plc
Fossil Group Inc.
LVMH Moet Hennessy Louis Vuitton SE
Prada Holding S.p.A.
Kering S.A.
Hermes International S.A.
Chanel S.A.
Tapestry Inc.
Capri Holdings Limited
Others
Middle East and Africa Handbags Market Growth
A survey in the United Arab Emirates and Saudi Arabia revealed that 50% of high-income individuals spend an average of over $1,000 per month on fashion. 40% of consumers’fashionbudget is allocated to purchases made outside their home countries, with approximately 20% spent outside the Middle East. Moreover, international and regional brands are increasing their presence in the MEA region, making handbags more accessible to a larger audience. The rise of e-commerce platforms has facilitated consumer access to a variety of handbag brands and styles, fuelling the market expansion. Furthermore, social media platforms and influencers have a significant impact on shaping fashion trends and consumer preferences in the region.
The region is witnessing a notable expansion in the second-hand luxury handbag sector. Dubai, for example, is renowned for its opulent shopping centres and upscale stores, making it a haven for shoppers. Moreover, the city also features a flourishing market for pre-owned luxury bags. Brands like Louis Vuitton, Chanel, and Hermes are particularly sought after due to their ability to retain value over time.
The rise in environmental awareness has created a demand for handbags crafted from sustainable andeco-friendly materials. Consumers are increasingly drawn to brands that follow ethical production methods and support social causes. For instance, Veganologie, a Dubai-based sustainable accessories brand founded by women, exclusively uses vegan, recycled, or sustainable materials.
Middle East and Africa Handbags Industry Segmentation
“Middle East and Africa Handbags Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Raw Material
Leather
Fabric
Others
Market Breakup by Product Type
Satchel
Bucket Bag
Clutch
Tote Bag
Others
Market Breakup by Category
Mass
Premium
Market Breakup by Distribution Channel
Online
Offline
Market Breakup by Country
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Others
Middle East and Africa Handbags Market Share
Based on raw material, the market is segmented intoleather, and fabric, among others. The leather segment is projected to grow at a CAGR of 5.8% during the forecast period of 2025-2034. Leather handbags are a stylish and elegant accessory known for their durability, elegance, and versatility. Leather is resistant to damage, making it a practical choice for everyday use.
Leading Companies in the Middle East and Africa Handbags Market
Major players are focusing on the application of sustainable raw materials, including vegan leather and natural fabric, to gain a competitive edge in the market.
Burberry Group Plc
Fossil Group Inc.
LVMH Moet Hennessy Louis Vuitton SE
Prada Holding S.p.A.
Kering S.A.
Hermes International S.A.
Chanel S.A.
Tapestry Inc.
Capri Holdings Limited
Others
Table of Contents
110 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 Countries
- 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 Global Handbags Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Handbags Historical Market (2018-2024)
- 5.3 Global Handbags Market Forecast (2025-2034)
- 5.4 Global Handbags Market Breakup by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 Middle East and Africa Handbags Market Overview
- 6.1 Key Industry Highlights
- 6.2 Middle East and Africa Handbags Historical Market (2018-2024)
- 6.3 Middle East and Africa Handbags Market Forecast (2025-2034)
- 7 Middle East and Africa Handbags Market by Raw Material
- 7.1 Leather
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Fabric
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Others
- 8 Middle East and Africa Handbags Market by Product Type
- 8.1 Satchel
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Bucket Bag
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Clutch
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Tote Bag
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Others
- 9 Middle East and Africa Handbags Market by Category
- 9.1 Mass
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Premium
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 Middle East and Africa Handbags Market by Distribution Channel
- 10.1 Online
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Offline
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 11 Middle East and Africa Handbags Market by Country
- 11.1 Saudi Arabia
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 United Arab Emirates
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 Nigeria
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 11.4 South Africa
- 11.4.1 Historical Trend (2018-2024)
- 11.4.2 Forecast Trend (2025-2034)
- 11.5 Others
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators for Demand
- 12.4 Key Indicators for Price
- 13 Value Chain Analysis
- 14 Competitive Landscape
- 14.1 Supplier Selection
- 14.2 Key Global Players
- 14.3 Key Regional Players
- 14.4 Key Player Strategies
- 14.5 Company Profiles
- 14.5.1 Burberry Group Plc
- 14.5.1.1 Company Overview
- 14.5.1.2 Product Portfolio
- 14.5.1.3 Demographic Reach and Achievements
- 14.5.1.4 Certifications
- 14.5.2 Fossil Group Inc.
- 14.5.2.1 Company Overview
- 14.5.2.2 Product Portfolio
- 14.5.2.3 Demographic Reach and Achievements
- 14.5.2.4 Certifications
- 14.5.3 LVMH Moet Hennessy Louis Vuitton SE
- 14.5.3.1 Company Overview
- 14.5.3.2 Product Portfolio
- 14.5.3.3 Demographic Reach and Achievements
- 14.5.3.4 Certifications
- 14.5.4 Prada Holding S.p.A.
- 14.5.4.1 Company Overview
- 14.5.4.2 Product Portfolio
- 14.5.4.3 Demographic Reach and Achievements
- 14.5.4.4 Certifications
- 14.5.5 Kering S.A.
- 14.5.5.1 Company Overview
- 14.5.5.2 Product Portfolio
- 14.5.5.3 Demographic Reach and Achievements
- 14.5.5.4 Certifications
- 14.5.6 Hermes International S.A.
- 14.5.6.1 Company Overview
- 14.5.6.2 Product Portfolio
- 14.5.6.3 Demographic Reach and Achievements
- 14.5.6.4 Certifications
- 14.5.7 Chanel S.A.
- 14.5.7.1 Company Overview
- 14.5.7.2 Product Portfolio
- 14.5.7.3 Demographic Reach and Achievements
- 14.5.7.4 Certifications
- 14.5.8 Tapestry Inc.
- 14.5.8.1 Company Overview
- 14.5.8.2 Product Portfolio
- 14.5.8.3 Demographic Reach and Achievements
- 14.5.8.4 Certifications
- 14.5.9 Capri Holdings Limited
- 14.5.9.1 Company Overview
- 14.5.9.2 Product Portfolio
- 14.5.9.3 Demographic Reach and Achievements
- 14.5.9.4 Certifications
- 14.5.10 Others
Pricing
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