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Handbags Market in the US 2015-2019

Handbags Market in the US 2015-2019

About Handbags Market in the US

The Handbags market in the US is witnessing steady growth and is expected to grow at a steady rate during the forecast period. The demand for handbags is rising in the US with the growing demand for affordable luxury handbags coupled with the onset of brands such as Michael Kors, Kate Spade, Marc Jacobs, Ralph Lauren, Coach, and Tory Burch. The arrival of numerous brands and their easy availability through retail stores and online retail channels increased the demand for handbags among consumers in the US. The Handbags market in the US was dominated by Purses and Wallet segment in 2014 in terms of revenue and volume.

TechNavio's analysts forecast the Handbags market in the US, in terms of revenue and volume, to grow at CAGRs of 5.90 percent and 5.29 percent, respectively, over the period 2014-2019.

Covered in this Report

The Handbags market in the US can be segmented into four: Totes, Shoulder Bags, Purses and Wallets, Satchels and Saddles. The Totes was the largest segment in terms of revenue and accounted for approximately 30 percent of the market in 2014.TechNavio's report, the Handbags Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the Handbags market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.Key Vendors

  • Burberry
  • Chanel
  • Coach
  • Hermes International.
  • Kate Spade
  • LVMH
  • Michael Kors
  • Mulberry
  • Prada
  • Ralph Lauren
  • Tory Burch
Other Prominent Vendors
  • Actual
  • Artifact Bag
  • AU
  • BAGGU
  • BAGSTIL
  • Blair Ritchey
  • Brynn Capella
  • Burrow & Hive
  • Calleen Cordero
  • cinda b
  • Holly Aiken
  • ITZALULU
  • J.W. Hulme Company
  • LexiWynn
  • Lola Falk
  • MaddyMoo
  • Merci-Fortune
  • Michelle Vale
  • Noubar
  • Oak73
  • Rebecca Ray Designs
  • SEA BAGS
  • Stone Mountain
  • The Frye
  • Tori Nicole
  • Victoria Leather
Market Driver
  • Increased Adoption through Online Channel
  • For a full, detailed list, view our report
Market Challenge
  • Increasing Competition from Local Brands and Counterfeit Products
  • For a full, detailed list, view our report
Market Trend
  • Growing Disposable Income
  • For a full, 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 – Handbags Market in the US 2015-2019

Technavio recognizes the following companies as the key players in the Handbags Market in the US: Burberry Group plc, Chanel SA, Coach Inc., Hermès International SA, Kate Spade, LVMH, Michael Kors, Mulberry, PRADA, Ralph Lauren and Tory Burch

Other Prominent Vendors in the market are: Actual, Artifact Bag, AU, BAGGU, BAGSTIL, Blair Ritchey, Brynn Capella, Burrow & Hive, Calleen Cordero, cinda b, Holly Aiken, ITZALULU, J.W. Hulme, LexiWynn, Lola Falk, MaddyMoo, Merci-Fortune, Michelle Vale, Noubar, Oak73, Rebecca Ray Designs, SEA BAGS, Stone Mountain, The Frye, Tori Nicole and Victoria Leather

Commenting on the report, an analyst from Technavio’s team said: “One major trend emerging in this market is the increasing disposable income among consumers. With the rise in disposable income consumers are spending more on affordable luxury products than on premium luxury products.”

According to the report, online retailing is another key reason for the high consumption and sales of handbags in the country. Internet penetration is increasing in the US and is fueling demand for e-commerce. Aggressive marketing, pricing, and customer acquisition tactics are driving sales through e-commerce in the US.

Further, the report states that a major challenge faced by the market is the increased competition from local brands. The easy availability of a number of cheap handbag brands in the market is leading to market fragmentation, resulting in lack of price standardization, uneven competitive scenario, and market share erosion.

Companies Mentioned

Burberry, Chanel, Coach, Hermes International. , Kate Spade, LVMH, Michael Kors, Mulberry, Prada, Ralph Lauren, Tory Burch, Actual, Artifact Bag , AU, BAGGU, BAGSTIL, Blair Ritchey, Brynn Capella, Burrow & Hive , Calleen Cordero , cinda b , HollyAike, ITZALULU, J.W. Hulme Company, LexiWynn, Lola Falk, MaddyMoo, Merci-Fortune, Michelle Vale, Noubar, Oak73, Rebecca Ray Designs , SEA BAGS, Stone Mountain, The Frye , Tori Nicole, Victoria Leather

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
      • Table Scope of the Report
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Overview of Luggage Market
    • About Luggage
    • Types of Luggage
      • Table Types of Luggage
      • Handbags Segment
        • Table Types of Handbags
      • Travel Bags Segment
        • Table Types of Travel Bags
      • Business Bags Segment
        • Table Types of Business Bags
  • 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 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 (US$ billion)
      • Table Top Five Revenue Generating Destinations in Travel and Tourism Industry 2013 (US$ 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 (US$)
      • Table Overview of Social Media Activity of Luggage Companies
  • PEST Analysis
    • Table PEST Analysis for Luggage Industry in US
  • Distribution Channels in Global Luggage Industry
    • Analysis of Distribution Channels for Luggage and Handbags
      • Table Analysis of Distribution Channels in Luggage Industry
      • Some Key Facts
  • Introduction
  • Country Profile: US
    • Overview
      • Table GDP Per Capita 2008-2013 (US$)
      • Table US Population 2008-2013 (million)
      • Table US Population by Age 2013 (million)
  • Market Landscape
    • Market Overview
      • Table Overview of Handbags Market in US
    • Market Size and Forecast
      • By Revenue
        • Table Handbags Market in US 2014-2019 (US$ million)
      • By Volume
        • Table Handbags Market in US 2014-2019 (million units)
      • ASP, PCC, and PCE on Handbags in US
        • Table ASP (US$), PCC (units), and PCE (US$) on Handbags in US 2009-2019
      • Consolidated Data for Handbags Market in US
        • Table Consolidated Data for Handbags Market in US 2009-2019
    • Five Forces Analysis
  • Market Segmentation by Products
    • Table Segmentation of Handbags Market in US by Product
    • Table Handbags Market in US by Revenue 2014-2019
    • Totes Market in US
      • Table Totes Market in US 2014-2019 (US$ million, million units)
      • Consolidated Data for Totes Market in US 2009-2019
        • Table Consolidated Data for Totes Market in US 2009-2019
    • Purses and Wallets Market in US
      • Table Purses and Wallets Market in US 2014-2019 (US$ million and million units)
      • Consolidated Data for Purses and Wallets Market in US 2009-2019
        • Table Consolidated Data for the Purses and Wallets Market in US 2009-2019
    • Shoulder Bags Market in US
      • Table Shoulder Bags Market in US 2014-2019 (US$ million, million units)
      • Consolidated Data for Shoulder Bags Market in US 2009-2019
        • Table Consolidated Data for Shoulder Bags in US 2009-2019
    • Satchels and Saddles Market in US
      • Table Satchels and Saddles Market in US 2014-2019 (US$ million, million units)
      • Consolidated Data for Satchels and Saddles Market in US 2009-2019
        • Table Consolidated Data for Satchels and Saddles Market in US 2009-2019
    • ASP, PCC, and PCE of Handbags Market in US
      • Table ASP of Handbags by Segments in US 2009-2019 (US$)
      • Table PCC of Handbags in US 2009-2019 (units)
      • Table PCE on Handbags in US 2009-2019 (US$)
  • Market Segmentation by Category
    • Table Segmentation of Handbags Market in US by Category
    • Segmentation of Handbags Market in US by Age Group
      • Table Segmentation of Handbags Market in US by Age Group 2014
    • Segmentation of Handbags Market in US by Price
      • Table Segmentation of Handbags Market by Price 2014
    • Segmentation of Handbags Market in US by Style
      • Table Segmentation of Handbags Market in US by Style 2014
    • Segmentation of Handbags Market in US by Material
      • Table Segmentation of Handbags Market in US by Material 2014
  • Market Segmentation by Distribution Channel
    • Table Segmentation of Handbags Market in US by Distribution Channel 2014
  • Buying Criteria
  • Market Growth Drivers
    • Table Economic Indicators 2007-2014
    • Table Overview of Online Retail Market in US 2014
    • Table Overview of Teen Expenditures in US 2013
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Growth of Disposable Income 2014-2019
    • Table Overview of Female Workforce in US 2014
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
    • Pricing Strategy
      • Table Pricing Matrix of Michael Kors, Ralph Lauren, VFC, and Coach for Handbags
    • Market Share Analysis
      • Table Key Leading Vendors in Handbags Market in US 2014
    • Key Vendors
      • Burberry
        • Table Handbags Available at Burberry
      • Chanel
      • Coach
        • Table Coach: Net Sales and Gross Profit 2010-2014 (US$)
        • Table Net Sales of Women's Handbags 2011-2014
        • Table Number of Coach's Retail and Outlet Stores in North America 2011-2014
      • Hermès International
        • Table Some Brands Offered by Hermès
      • Kate Spade
        • Table Net Sales and Gross Profit of Kate Spade 2009-2013 (US$)
        • Table Types of Handbags 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 SKU) 2014
      • PRADA
        • Table Brand Offerings by PRADA
      • Ralph Lauren
        • Table Ralph Lauren: Net Revenue and Gross Profit 2011-2014 (US$ 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(US$ million)
      • Geographical Segmentation by Revenue 2014
        • Table Burberry: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Chanel
      • Key Facts
      • Business Overview
      • Key Offerings
      • Competitors
      • Recent Developments
      • Business Strategy
      • SWOT Analysis
    • Coach
      • Key Facts
      • Business Overview
      • Competition
      • Product Segmentation
        • Table Coach: Product Segmentation 2014
      • Product Segmentation by Revenue 2013 and 2014
        • Table Coach: Product Segmentation by Revenue 2013 and 2014 (US$ billion)
      • Geographical Segmentation by Revenue 2014
        • Table Coach: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • 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 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Hermès: Geographical Segmentation by Revenue 2013
      • Competitors
      • 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 (US$ 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 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table LVMH Group: Business Segmentation by Revenue 2013 and 2014 (US$ million)
      • Geographical Segmentation by Revenue 2014
        • Table LVMH Group: Geographical Segmentation by Revenue 2014
      • 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 (US$ million)
      • Geographical Segmentation by Revenue 2014
        • Table Michael Kors: Geographical segmentation by revenue 2014
      • Business Strategy
      • Competitors
      • 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 (US$ 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 (US$ 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 (US$ 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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