Demand for the Global Handbag and Purse Manufacturing industry has resurged over the past five years, as global economic conditions have improved and consumers have begun spending what they delayed during the recession. In the coming years, demand for handbags and accessories will grow as conditions in the global economy, especially in Western Europe and North America, strengthen. As growing disposable incomes translate into higher consumer sentiment, individuals will likely make purchases that were postponed during the period of economic hardship following the recession.
Industry operators manufacture handbags, purses, wallets and other articles (apart from jewelry and watches) typically carried in a pocket or handbag. The industry also comprises establishments that produce apparel and clothing accessories made from textiles and other fabrics (other than those for babies) and headgear of all materials.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.