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Global Wallets Market 2015-2019

Global Wallets Market 2015-2019

About Wallets

Wallets are for both men and women, and are designed to carry personal belongings such as cash, cards (business cards, credit and debit cards, identification cards, and gift cards etc.), other identification documents, and photographs. These are also among the most fashionable and popular products among people. Wallets are not only comfortable and convenient to carry but have come to be seen as a status symbol in urban society. Consequently, the demand for luxury and premium wallets has gained momentum. Various handbag (wallet) companies are adopting innovative strategies, according to the changing consumer demography and preferences, such as rising demand for eco-friendly handbags, to tap the market. Also, launch of designer wallets exclusively for men is gaining traction in the market.

Technavio analysts forecast the global wallets market to grow at a CAGR of 4.77% and 4.93%, in terms of revenue and volume, respectively, during 2014-2019.

Covered in this Report

The report provides an overview of the global wallets market, and in-depth analysis of usage of the product in the market. It considers 2014 as the base year and forecasts the market value up to 2019.

To calculate the market size, we take into account revenue generated from the sales of wallets by organized and unorganized retailers. The scope of this report is limited to wallets (including purses) only; it does not include products such as coin pouches, key pouches, and mobile phone pouches, satchels and saddles, shoulder bags, and totes. The report also presents the vendor landscape and a corresponding detailed analysis of the 13 major vendors in the market.

Key Regions

  • APAC
  • Europe
  • Latin America
  • North America
Key Vendors
  • Burberry Group
  • Chanel
  • Coach
  • Etienne Aigner
  • Furla
  • Hermès International
  • Kate Spade
  • LVMH
  • Michael Kors
  • Mulberry
  • Prada
  • Ralph Lauren
  • Tory Burch
Other Prominent Vendors
  • Alfred Dunhill
  • Baggit
  • Bryn Capella
  • Bottega Veneta
  • Buggatti
  • Calleen Cordero
  • Caprese
  • Changshu Maydiang Group
  • Da Milano
  • Dolce & Gabbana
  • Donna Karan International (DKNY)
  • Ferrari
  • Fossil
  • Guess
  • Giordano Fashions
  • Hidesign
  • Holi
  • J.W. Hulme
  • Kikuhiro
  • Kenneth Cole Productions
  • LADIDA
  • Lavie
  • L.Credi
  • LexiWynn
  • Lipault Paris
  • Longchamp
  • Lulu Guinness
  • Mandarina Duck
  • Mango Bags
  • Oroton Group
  • Paul Costello
  • Paul Smith
  • Powerland Group
  • PUIG
  • Puma
  • Ralph Lauren
  • River Island
  • Russell & Brombley
  • Smythson
  • TLG Brands
  • Vanessa Bruno
  • Victoria Leather
  • VF
Market Driver
  • Increase in Disposable Income
  • For a full and detailed list, view our report
Market Challenge
  • Rise in Competition from Local Brands and Counterfeit Products
  • For a full and detailed list, view our report
Market Trend
  • Increased use of social media by retailers
  • For a full and detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Wallets Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Wallets Market: Burberry Group, Chanel, Coach, Etienne Aigner, Furla, Hermès International, Kate Spade, LVMH, Michael Kors, Mulberry, Prada, Ralph Lauren and Tory Burch
Other Prominent Vendors in the market are: Alfred Dunhill, Baggit, Bryn Capella, Bottega Veneta, Buggatti, Calleen Cordero, Caprese, Changshu Maydiang Group, Da Milano, Dolce & Gabbana, Donna Karan International (DKNY), Ferrari, Fossil, Guess, Giordano Fashions, Hidesign, Holi, J.W. Hulme, Kikuhiro, Kenneth Cole Productions, LADIDA, Lavie, L.Credi, LexiWynn, Lipault Paris, Longchamp, Lulu Guinness, Mandarina Duck, Mango Bags, Oroton Group, Paul Costello, Paul Smith, Powerland Group, PUIG, Puma, Ralph Lauren, River Island, Russell & Brombley, Smythson, TLG Brands, Vanessa Bruno, Victoria Leather and VF
Commenting on the report, an analyst from Technavio’s team said: “The increased use of social media by consumers has made it integral to marketing campaigns. For handbag retailers around the world, the platform provides instant brand visibility and access to a huge potential consumer base. India is one of the most socially engaged markets in the world, and social media will become an essential tool to engage shoppers. Baggit takes advantage of this by preparing a monthly plan consisting of around 15 to 20 posts that help the company build brand awareness, engage customers, and launch their latest collections. The company also allocates 10% of its budget to digital marketing. Many manufacturers and retailers use social networking sites to gain marketing and sales advantage over their rivals. Retailers come up with innovative ways to influence consumers' purchase decisions, such as social shopping and social commerce. Da Milano, one of the early adopters of social media marketing, created a Send Diwali Greetings app that was built to send greetings via Facebook.”
According to the report, the rapid economic growth and improving macroeconomic conditions in numerous countries have increased the income of most consumers. This high income is expected to increase the number of consumers spending on wallets, which will thereby drive the growth of the market. Among the major consumer segments, the significant growth of the middle-income consumer group, in terms of disposable income and spending on lifestyle products, has been growing steadily in recent years. This in turn has made the middle-income consumer group a potential segment for vendors in the market.
Further, the report states that one of the main challenges hindering the growth of the market is the increasing competition from counterfeit or fake products.

Companies Mentioned

Burberry Group, Chanel, Coach, Etienne Aigner, Furla, Hermès International, Kate Spade, LVMH, Michael Kors, Mulberry, Prada, Ralph Lauren, Tory Burch, Alfred Dunhill, Baggit, Bryn Capella, Bottega Veneta, Buggatti, Calleen Cordero, Caprese, Changshu Maydiang Group, Da Milano, Dolce & Gabbana, Donna Karan International (DKNY), Ferrari, Fossil, Guess, Giordano Fashions, Hidesign, Holi, J.W. Hulme, Kikuhiro, Kenneth Cole Productions, LADIDA, Lavie, L.Credi, LexiWynn, Lipault Paris, Longchamp, Lulu Guinness, Mandarina Duck, Mango Bags, Oroton Group, Paul Costello, Paul Smith, Powerland Group, PUIG, Puma, Ralph Lauren, River Island, Russell & Brombley, Smythson, TLG Brands, Vanessa Bruno, Victoria Leather, VF

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Factors that Affect Global Luggage Market
    • Economic Indicators - Global
      • Table Growth in World GDP and Per Capita GDP 2009-2014
      • Table Key Global Economic Indicators that Affect Luggage Industry
      • Table Top Five Most Populous Countries 2014
      • Table Comparison of GDP Growth Rate: Advanced Economies versus Emerging Economies 2014
      • Table Annual Investments in Advanced and Developed Economies 2009-2014 (% of GDP)
    • Travel and Tourism Industry
      • Table Spending on Travel and Tourism 1990-2020 ($ billion)
      • Table Top Five Revenue Generating Destinations in Travel and Tourism Industry 2013 ($ billion)
    • E-commerce
      • Table Segmentation of Global E-commerce Market by Geography 2014
      • Table Global Share of Digital Buyers 2014
      • Table Global Share of Digital Buyers by Geography 2013-2019
      • Table Leading Countries in Global Retail E-commerce Market 2014-2019
    • Advertising and Marketing Campaigns
      • Table Leading Companies: Spending on Advertising 2013 ($)
      • Table Overview of Social Media Activity of Luggage Companies
  • Market Landscape
    • Market Overview
    • Market Size and Forecast
      • By Revenue
        • Table Global Wallets Market 2014-2019 ($ millions)
        • Table Revenue by Region 2014-2019 ($ millions)
      • By Volume
        • Table Global Wallets Market 2014-2019 (units in millions)
        • Table Volume by Region 2014-2019 (units in millions)
      • ASP, PCC, and PCE in Global Wallets Market
        • Table ASP ($), PCC (units), and PCE ($) in Global Wallets Market 2009-2019
  • Geographical Segmentation
    • Table Global Wallets Market in APAC by Revenue 2014-2019 ($ millions)
    • Table Global Wallets Market in APAC by Volume 2014-2019 (units in millions)
    • Table Global Wallets Market in Europe by Revenue 2014-2019 ($ millions)
    • Table Global Wallets Market in Europe by Volume 2014-2019 (units in millions)
    • Table Global Wallets Market in North America by Revenue 2014-2019 ($ millions)
    • Table Global Wallets Market in North America by Volume 2014-2019 (units in millions)
    • Table Global Wallets Market in Latin America by Revenue 2014-2019 ($ millions)
    • Table Global Wallets Market in Latin America by Volume 2014-2019 (units in millions)
  • Country-wise Life Cycle
  • Market Growth Drivers
    • Table Top 10 Countries Internet Penetration 2013
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Top 10 Countries Social Media Penetration 2013
  • Trends and their Impact
    • Five Forces Analysis
  • Market Segmentation by Distribution Channel
    • Table Segmentation of Global Wallets by Distribution Channel 2014
  • Buying Criteria
  • Why Wallets are Becoming Popular
  • Vendor Landscape
    • Competitive Scenario
    • Discussion about Key Vendors
      • Burberry
        • Table Handbags Available at Burberry
      • Chanel
      • Coach
        • Table Coach: Net Sales and Gross Profit 2010-2014 ($)
        • Table Net Sales of Women's Handbags 2011-2014
        • Table Number of Coach's Retail and Outlet Stores in North America 2011-2014
      • Etienne Aigner
        • Table Handbag Categories by Etienne
      • Furla
        • Table Furla's Handbags by Collection
      • Hermès International
        • Table Some Brands Offered by Hermès
      • Kate Spade
        • Table Net Sales and Gross Profit of Kate Spade 2009-2013 ($)
        • Table Types of Handbag Offered by Kate Spade
        • Table Number of Retail Stores and Average Size (square feet) in US 2013
        • Table Number of Retail Stores and Average Size(square feet) in US until 2013
        • Table Kate Spade: E-commerce Websites
      • LVMH
        • Table Handbag Brands Owned by LVMH
        • Table LVMH: Revenue Breakdown of Fashion and Leather Goods Segment by Geography 2013
      • Michael Kors
        • Table Michael Kors: Net Sales and Revenue by Segment and Geographical Location
        • Table Michael Kors: Total Revenue 2010-2014
        • Table Michael Kors: Retail Stores and their Comparable Sales Growth 2010-2014
        • Table Michael Kors: Price Range of Products
      • Mulberry
        • Table Top Handbag Brands by Mulberry
        • Table Product Mix (% of SKUs) 2014
      • Prada
        • Table Brand Offerings by Prada
      • Ralph Lauren
        • Table Ralph Lauren: Net Revenue and Gross Profit 2011-2014 ($ million)
        • Table Categories of Handbags Available at Ralph Lauren
        • Table Distribution of Ralph Lauren Products in US
      • Tory Burch
        • Table Handbags Categories Available at Tory Burch
        • Table Collections Available at Tory Burch
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Burberry
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Burberry: Business Segmentation by Revenue 2014
      • Product Segmentation by Revenue 2014
        • Table Burberry: Product Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Burberry: Business Segmentation by Revenue 2013 and 2014 ($ million)
      • Geographical Segmentation by Revenue 2014
        • Table Burberry: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Chanel
      • Key Facts
      • Business Overview
      • Recent Developments
      • SWOT Analysis
    • Coach
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Coach: Product Segmentation 2014
      • Product Segmentation by Revenue 2013 and 2014
        • Table Coach: Product Segmentation by Revenue 2013 and 2014 ($ billion)
      • Geographical Segmentation by Revenue 2014
        • Table Coach: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • SWOT Analysis
    • Etienne Aigner
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • Furla
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • Hermès
      • Key Facts
      • Business Overview
      • Product Segmentation by Revenue 2013
        • Table Hermès: Product Segmentation by Revenue 2013
      • Products Segmentation by Revenue 2012 and 2013
        • Table Hermès: Product Segmentation by Revenue 2012 and 2013 ($ million)
      • Geographical Segmentation by Revenue 2013
        • Table Hermès: Geographical Segmentation by Revenue 2013
      • SWOT Analysis
    • Kate Spade
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Kate Spade: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Kate Spade: Business Segmentation by Revenue 2012 and 2013 ($ million)
      • Geographical Segmentation by Revenue 2013
        • Table Kate Spade: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • LVMH Group
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table LVMH Group: Business Segmentation 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table LVMH Group: Business Segmentation by Revenue 2012 and 2013 ($ billion)
      • Geographical Segmentation by Revenue 2013
        • Table LVMH Group: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Michael Kors
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Michael Kors: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Michael Kors: Business Segmentation by Revenue 2013 and 2014 ($ million)
      • Geographical Segmentation by Revenue 2014
        • Table Michael Kors: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Mulberry
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Mulberry: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Mulberry: Business Segmentation by Revenue 2013 and 2014 ($ million)
      • Geographical Segmentation by Revenue 2014
        • Table Mulberry: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • SWOT Analysis
    • PRADA
      • Key Facts
      • Business Overview
      • Product Segmentation by Revenue 2014
        • Table PRADA: Product Segmentation by Revenue 2014
      • Product Segmentation by Revenue 2013 and 2014
        • Table PRADA: Product Segmentation by Revenue 2013 and 2014 ($ billion)
      • Geographical Segmentation by Revenue 2014
        • Table PRADA: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Ralph Lauren
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Ralph Lauren: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2012-2014
        • Table Ralph Lauren: Business Segmentation by Revenue 2012-2014 ($ billion)
      • Geographical Segmentation by Revenue 2014
        • Table Ralph Lauren: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • SWOT Analysis
    • Tory Burch
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Tory Burch: Product Segmentation
      • Geographical Presence
        • Table Tory Burch: Geographical Presence
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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