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Handbags Market in India 2015-2019

About handbags market in India

In 2014, the handbags market in India was dominated by the purses and wallets segment. In terms of distribution, specialist retailers accounted for the largest share in the market in India. One of the main drivers of the handbags market in India is an increase in urbanization and rising income levels, which is influencing the demand for expensive and premium handbag brands and per-capita consumption by consumers.

Technavio's analysts forecast the handbags market in India, in terms of revenue and volume, to grow at a CAGR of 19.2% and 15.1%, respectively, over the period 2014-2019.

Covered in this report

The Handbags market in India can be segmented into four: totes, shoulder bags, purses and wallets, satchels and saddles. The purses and wallets was the largest segment in terms of both revenue and volume, accounting for 34.8% and 35.4% share of the market.

Technavio's report, the Handbags Market in India 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 India and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors

  • Baggit
  • Bagzone Lifestyles (Lavie)
  • DA MILANO LEATHERS (Da Milano)
  • Hidesign
  • Holii Accessories
  • Ladida
  • Sumitsu Apparel (Lino Perros)
  • Unico Retail (Peperone)
  • VIP INDUSTRIES (CAPRESE)
Other prominent vendors
  • ADMIS
  • Alessia 74
  • Anekaant Design
  • Anges Bags
  • Blue & Blues
  • Bhamini Fashion
  • Calonge Group
  • Deeya International
  • Giordano Fashions
  • Home Heart India
  • Intouch Leather House India (Esbeda)
  • Kara Bags
  • KMB Group (Covo)
  • Kara Bags
  • MANGO Bags
  • Phive Rivers
  • The House of Tara
  • Veda Lifestyle
  • Luxury foreign handbag vendors in India
  • Burberry
  • Chanel
  • Christian Dior
  • OTB Group (Diesel)
  • Ermenegildo Zegna
  • Etro
  • Gucci
  • Hermes
  • Hugo Bos
  • Jimmy Choo
  • Just Cavali
  • LVMH
  • Paul Smith
  • Tod's
  • Tumi
Market driver
  • Increased urbanization and rise in disposable income
  • For a full, detailed list, view our report
Market challenge
  • Lack of industry status to the luggage industry
  • For a full, detailed list, view our report
Market Trend
  • Growing social media adoption by retailers
  • 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 India 2015-2019
Technavio recognizes the following companies as the key players in Handbags Market in India 2015-2019: Baggit, Bagzone Lifestyles (Lavie), DA MILANO LEATHERS (Da Milano), Hidesign, Holii Accessories, Ladida, Sumitsu Apparel (Lino Perros), Unico Retail (Peperone) and VIP INDUSTRIES (CAPRESE)
Other Prominent Vendors in the market are: ADMIS, Alessia 74, Anekaant Design, Anges Bags, Blue & Blues, Bhamini Fashion, Calonge Group, Deeya International, Giordano Fashions, Home Heart India, Intouch Leather House India (Esbeda), Kara Bags, KMB Group (Covo), Kara Bags, MANGO Bags, Phive Rivers, The House of Tara, Veda LifestyleLuxury foreign handbag vendors in India, Burberry, Chanel, Christian Dior, OTB Group (Diesel), Ermenegildo Zegna, Etro, Gucci, Hermes, Hugo Bos, Jimmy Choo, Just Cavali, LVMH, Paul Smith, Tod's and Tumi
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 in India, 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. As of 2014, India had around 110 million social media users, and is poised to overtake the US in the near future. 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, urban consumers contribute to a large part of the sales of handbags in India as they are brand conscious and prone to impulse buying because they have high disposable income. As income rises, consumption patterns also shift in favor of organized retail formats that offer lifestyle and entertainment enhancements. These consumers also have access to many channels of advertising and communication, and often search multiple retail channels to make purchase decisions. Many of them have little time at their disposal and prefer shopping through the Internet.
Further, the report states that a significant challenge faced by vendors is the continued competition from the unorganized sector.

Companies Mentioned

Baggit, Bagzone Lifestyles (Lavie), DA MILANO LEATHERS (Da Milano), Hidesign, Holii Accessories, Ladida, Sumitsu Apparel (Lino Perros), Unico Retail (Peperone), VIP INDUSTRIES (CAPRESE), ADMIS, Alessia 74, Anekaant Design, Anges Bags, Blue & Blues, Bhamini Fashion, Calonge Group, Deeya International, Giordano Fashions, Home Heart India, Intouch Leather House India (Esbeda), Kara Bags, KMB Group (Covo), Kara Bags, MANGO Bags, Phive Rivers, The House of Tara, Veda LifestyleLuxury foreign handbag vendors in India, Burberry, Chanel, Christian Dior, OTB Group (Diesel), Ermenegildo Zegna, Etro, Gucci, Hermes, Hugo Bos, Jimmy Choo, Just Cavali, LVMH, Paul Smith, Tod's, Tumi

  • 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
  • Macroeconomic Scenario
    • Table GDP in major countries 2014 and 2019 ($ trillion)
    • Table Inflation rates in BRIC nations 2009-2014
    • Table Population in India 2009-2014(million)
    • Table Rural and urban population 2009 and 2014
    • Table Population split by gender in 2009 and 2014 (million)
    • Table Population split by age group 2014 and 2019 (million)
    • Export data
      • Table Leather goods exports from India 2014
      • Table Top destinations for Indian leather goods 2014
    • FDI policy in India
      • Table FDI policy in India from 1991 to 2013
      • Single-brand retail
        • Table FDI in single-brand retail in India
      • Multi-brand retail
        • Table FDI in multi-brand retail in India
      • FDI in India by sector 2014
        • Table FDI in India by sector 2014
  • Market Overview
    • Market size and forecast by revenue
      • Table Handbags market in India 2014-2019 ($ million)
    • Market size and forecast by volume
      • Table Handbags market in India 2014-2019 (million units)
    • Comparison of revenue and sales volume in handbags market in India
      • Table Revenue and volume data for handbags market 2009-2019
    • Global handbags market: Comparison of India with top 10 countries by revenue
    • Organized sector and unorganized sector for handbags in India 2014 and 2019
      • Table Comparison between organized sector and unorganized sector for handbags in India 2014 and 2019
      • Handbag sales: Organized and unorganized sectors in major countries
        • Table Handbag sales: Organized and unorganized sectors in major countries 2014
    • Segmentation of handbags market in India by material
      • Table Segmentation of handbags market in India by material 2014
    • Segmentation of handbags market in India by distribution channel
      • Table Segmentation of handbags market in India by distribution channel 2014
      • Table Segmentation of handbags market in India by distribution channel 2014 and 2019
      • Leading retailers in India 2014
    • Segmentation of handbags market in India by gender
      • Table Segmentation of handbags market in India by gender 2014
      • Table Segmentation of women's handbags market in India by product type 2014
      • Table Segmentation of men's handbags market in India by product type 2014
    • Five Forces Analysis
  • Market Segmentation by Category
    • Segmentation of handbags market in India by category 2014
      • Table Segmentation of handbags market in India by category 2014
      • Table Handbags market in India by category 2014 and 2019
    • Purses and wallets market in India
      • Market size and forecast
        • Table Purses and wallets market in India 2010-2019 ($ billion)
        • Table Purses and wallets: Distribution by retail channel 2014
        • Table Purses and wallets: Online retail 2014 and 2019
        • Table Per capita spending on purses and wallets 2014 ($)
    • Shoulder bags market in India
      • Market size and forecast
        • Table Shoulder bags market in India 2010-2019 ($ billion)
        • Table Shoulder bags: Distribution by retail channel 2014
        • Table Shoulder bags: Online retail 2014 and 2019
        • Table Per capita spending on shoulder bags 2014 ($)
    • Totes market in India
      • Market size and forecast
        • Table Totes market in India 2010-2019 ($ million)
        • Table Totes: Distribution by retail channel 2014
        • Table Totes: Online retail 2014 and 2019
        • Table Per capita spending on totes 2014 ($)
    • Satchels and saddle bags market in India
      • Market size and forecast
        • Table Satchels and saddle bags market in India 2010-2019 ($ million)
        • Table Satchels and saddle bags: Distribution by retail channel 2014
        • Table Satchels and saddle bags: Online Retail 2014 and 2019
        • Table Per capita spending on satchels and saddle bags 2014 ($)
    • AP of handbags in India
      • Table AP of handbags in India 2009-2019 ($)
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive scenario
    • Key vendors
      • Baggit
      • Caprese
      • Da Milano
      • Hidesign
      • Holii
      • Lavie
  • Other Prominent Vendors
    • Global luxury handbag vendors in India
  • Key Vendor Analysis
    • Baggit
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • Bagzone Lifestyles
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • Da Milano
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • Hidesign
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • Holii Accessories
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • LADIDA
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • Sumitsu Apparel
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • Unico Retail
      • Key Facts
      • Business Overview
      • SWOT Analysis
    • VIP
      • Key Facts
      • Business Overview
      • Geographical Segmentation by Revenue 2014
        • Table VIP: Geographical Segmentation by Revenue 2014
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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