Global Luxury Handbags Market 2020-2024

Global Luxury Handbags Market 2020-2024

Technavio has been monitoring the luxury handbags market and it is poised to grow by $ 0.17 bn during 2020-2024 progressing at a CAGR of 1% during the forecast period. Our reports on luxury handbags market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the design and material innovation leading to product premiumization and high influence of celebrity endorsements on purchase decision.

The luxury handbags market analysis includes distribution channel segment and geographic landscape.

Technavio's luxury handbags market is segmented as below:

By Distribution Channel

  • Offline
  • Online
By Geographic Landscapes
  • Europe
  • North America
  • APAC
  • MEA
  • South America
This study identifies the increased expenses by international tourists as one of the prime reasons driving the luxury handbags market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our luxury handbags market covers the following areas:
  • Luxury handbags market sizing
  • Luxury handbags market forecast
  • Luxury handbags market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading luxury handbags market vendors that include Burberry Group Plc, CHANEL Ltd., Compagnie Financière Richemont SA, Dolce & Gabbana Srl, Hermès International, Kering SA, LVMH Moet Hennessy - Louis Vuitton, PRADA Group, Ralph Lauren Corp., and Tapestry Inc. Also, the luxury handbags market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Apparel, accessories, and luxury goods market
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Service
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ billion)
      • Table Global luxury handbags market 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Impact of COVID-19 pandemic on global luxury handbags market
        • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Distribution channel
    • Market segments
      • Table Distribution channel - Market share 2019-2024 (%)
    • Comparison by Distribution channel
      • Table Comparison by Distribution channel
    • Offline - Market size and forecast 2019-2024
      • Table Offline - Market size and forecast 2019-2024 ($ billion)
      • Table Global luxury handbags market by offline distribution channel 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Specialty stores
      • Hypermarkets, supermarkets, and clubhouse stores
      • Department stores
      • Impact of COVID-19 pandemic on offline distribution channels
        • Table Offline - Year-over-year growth 2019-2024 (%)
    • Online - Market size and forecast 2019-2024
      • Table Online - Market size and forecast 2019-2024 ($ billion)
      • Table Global luxury handbags market by online distribution channel 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Impact of COVID-19 pandemic on online distribution channels
        • Table Online - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Distribution channel
      • Table Market opportunity by Distribution channel
  • Customer Landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Luxury handbags market in Europe 2019-2024 ($ billion), exclusive of COVID-
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table Luxury handbags market in North America 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table Luxury handbags market in APAC 2019-2024 ($ billion), exclusive of COVID- 19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table Luxury handbags market in MEA 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table Luxury handbags market in South America 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Design and material innovation leading to product premiumization
      • High influence of celebrity endorsements on purchase decision
      • Increased expenses by international tourists
    • Market challenges
      • Presence of counterfeit products
      • Rising labor cost and fluctuating raw material prices
      • Stringent government regulations for procuring raw material such as leather
        • Table Impact of drivers and challenges
    • Market trends
      • Personalization and customization of luxury handbags
      • Increased demand for luxury handbags made of eco-friendly material
      • Rising number of M&As
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Burberry Group Plc
      • Table Burberry Group Plc – Overview
      • Table Burberry Group Plc - Business segments
      • Table Burberry Group Plc - Key news
      • Table Burberry Group Plc - Key offerings
      • Table Burberry Group Plc - Segment focus
    • CHANEL Ltd.
      • Table CHANEL Ltd. –Overview
      • Table CHANEL Ltd. - Product and service
      • Table CHANEL Ltd. - Key offerings
    • Compagnie Financière Richemont SA
      • Table Compagnie Financière Richemont SA – Overview
      • Table Compagnie Financière Richemont SA - Business segments
      • Table Compagnie Financière Richemont SA - Key news
      • Table Compagnie Financière Richemont SA - Key offerings
      • Table Compagnie Financière Richemont SA - Segment focus
    • Dolce & Gabbana Srl
      • Table Dolce & Gabbana Srl – Overview
      • Table Dolce & Gabbana Srl - Product and service
      • Table Dolce & Gabbana Srl - Key offerings
    • Hermès International
      • Table Hermès International – Overview
      • Table Hermès International - Business segments
      • Table Hermès International - Key news
      • Table Hermès International - Key offerings
      • Table Hermès International - Segment focus
    • Kering SA
      • Table Kering SA – Overview
      • Table Kering SA - Business segments
      • Table Kering SA - Key news
      • Table Kering SA - Key offerings
      • Table Kering SA - Segment focus
    • LVMH Moet Hennessy - Louis Vuitton
      • Table LVMH Moet Hennessy - Louis Vuitton – Overview
      • Table LVMH Moet Hennessy - Louis Vuitton - Business segments
      • Table LVMH Moët Hennessy - Louis Vuitton - Key news
      • Table LVMH Moet Hennessy - Louis Vuitton - Key offerings
      • Table LVMH Moet Hennessy - Louis Vuitton - Segment focus
    • PRADA Group
      • Table PRADA Group – Overview
      • Table PRADA Group - Business segments
      • Table PRADA Group - Key news
      • Table PRADA Group - Key offerings
    • Ralph Lauren Corp.
      • Table Ralph Lauren Corp. –Overview
      • Table Ralph Lauren Corp. - Business segments
      • Table Ralph Lauren Corp. - Key news
      • Table Ralph Lauren Corp. - Key offerings
      • Table Ralph Lauren Corp. - Segment focus
    • Tapestry Inc.
      • Table Tapestry Inc. –Overview
      • Table Tapestry Inc. - Business segments
      • Table Tapestry Inc. - Key news
      • Table Tapestry Inc. - Key offerings
      • Table Tapestry Inc. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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