Demand for the Global Handbag and Purse Manufacturing industry has resurged over the past five years, as global economic conditions have improved and consumer confidence has increased. In the coming years, demand for handbags and accessories will grow as conditions in the global economy strengthen, especially in Western Europe and North America. As growing disposable incomes translate into higher consumer sentiment, individuals will likely make purchases that were postponed, driving industry revenue.
Industry operators manufacture handbags and handbag accessories, such as purses, wallets, tassels and other articles typically carried in a pocket or handbag. The industry also includes operators that produce luggage and other travel bags, as well as a variety of smaller-sized leather containers.
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.