Leather Handbags Market – Industry Trends and Forecast to 2025

The market value of leather handbags is set to grow from $8.28 billiongrowing at a CAGR of 5% from 2020 to 2025, according to the latest Technavio report. Further, the market is segmented by distribution channel (offline and online) and geography (APAC, Europe, North America, South Americaand MEA).

Leather Handbags Market Scope

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 5%

Market Growth 2021-2025

$8.28 billion

Market structure

Fragmented

Annual growth (%)

4.01

Regional analysis

APAC, Europe, North America, South America and MEA

Successful market contribution

Asia-Pacific at 37%

Main consumer countries

United States, China, Germany, United Kingdom and France

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Burberry Group Plc, Capri Holdings Ltd., Guess? Inc., H & M Hennes & Mauritz AB, Hermès International, Kering SA, LVMH Moet Hennessy – Louis Vuitton, PRADA Group, PVH Corp. and Tapestry Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period.

Customization overview

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Key Market Dynamics:

  • A major challenge:
    • Rising labor cost and fluctuating raw material prices are one of the major challenges hampering the growth of the leather handbags market. Fluctuating raw material prices are a challenge for manufacturers around the world. Leather manufacturing includes several steps such as sourcing, processing and tanning or synthesis. Several government regulations apply and various chemicals are used in manufacturing, which further increases the price of leather as a raw material. The manufacturing facilities of various international brands, such as PRADA, COACH, Giorgio ArmaniBurberry, Mulberry and DOLCE&GABBANA, are located in Asian countries, such as China, Indonesia, Bangladeshand Vietnam, where labor costs have risen rapidly over the past decade. Rising cost of production is reducing the profit margins of the sellers and proving to be a challenge for them in the global leather handbags market. To overcome this situation, suppliers are adopting and investing in new technologies and innovative collaborations and automating the manufacturing process.

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Some of the main companies mentioned

The report analyzes the competitive landscape of the market and offers information about several vendors in the market including:

  • Burberry Group Plc
  • Capri Holdings Ltd.
  • To guess? Inc.
  • H&M Hennes & Mauritz AB
  • Hermes International
  • Kering S.A.
  • LVMH Moet Hennessy – Louis Vuitton
  • PRADA Group
  • PVH Corp.
  • Tapestry Inc.

The market for leather handbags is fragmented and sellers deploy growth strategies such as product launches and increasing investment in marketing strategies to compete in the market.

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Tote Bags Market by Distribution Channel and Geography – Forecast and Analysis 2022-2026: The forecast tote bag market share growth from 2021 to 2026 is $70.47 billion at a growing CAGR of 6.37%. Find more exclusive research information here

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Main topics covered:

1. Summary

2 Market landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: clothing, accessories and luxury goods market

3 Market sizing

  • 3.1 Market Definition
    • Exhibit 04: Supplier offers included in the market definition
  • 3.2 Market Segment Analysis
    • Exhibit 05: Market segments
  • 3.4 Market Outlook: Forecast 2020 – 2025
    • Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
    • Figure 07: Global Market: Year-on-Year Growth 2020 – 2025 (%)

4 Five forces analysis

  • 4.1 Summary of the five forces
    • Exhibit 08: Five forces analysis 2020 and 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining Power of Suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of Substitutes
    • Piece 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Piece 13: Threat of rivalry
  • 4.7 Market Status
    • Exhibit 14: State of the market – Five forces 2020

5 Market Segmentation by Distribution Channel

  • 5.1 Market Segments
    • Table 15: Distribution channel – Market share 2020-2025 (%)
  • 5.2 Comparison by distribution channel
    • Exhibit 16: Comparison by distribution channel
  • 5.3 Offline – Market Size and Forecast 2020-2025
    • Exhibit 17: Offline – Market Size and Forecast 2020-2025 (USD Million)
    • Exhibit 18: Offline – Year-over-year growth 2020-2025 (%)
  • 5.4 Online – Market Size and Forecast 2020-2025
    • Exhibit 19: Online – Market size and forecast 2020-2025 ($million)
    • Exhibit 20: Online – Year-over-year growth 2020-2025 (%)
  • 5.5 Market Opportunity by Distribution Channel
    • Exhibit 21: Market opportunity by distribution channel

6 Customer Landscape

  • 6.1 Customer Landscape
    • Exhibit 22: Customer landscape

7 Geographic landscape

  • 7.1 Geographic segmentation
    • Figure 23: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 24: Geographical comparison
  • 7.3 APAC- Market Size and Forecast 2020-2025
    • Exhibit 25: APAC – Market size and forecast 2020-2025 ($million)
    • Exhibit 26: APAC – Year-over-year growth 2020-2025 (%)
  • 7.4 Europe – Market size and forecast 2020-2025
    • Exhibit 27: Europe – Market Size and Forecast 2020-2025 ($ Million)
    • Exhibit 28: Europe – Year-over-year growth 2020-2025 (%)
  • 7.5 North America – Market size and forecast 2020-2025
    • Exhibit 29: North America – Market Size and Forecast 2020-2025 ($ Million)
    • Room 30: North America – Year-over-year growth 2020-2025 (%)
  • 7.6 South America – Market size and forecast 2020-2025
    • Room 31: South America – Market Size and Forecast 2020-2025 ($ Million)
    • Room 32: South America – Year-over-year growth 2020-2025 (%)
  • 7.7 MEA- Market Size and Forecast 2020-2025
    • Exhibit 33: MEA – Market size and forecast 2020-2025 ($million)
    • Exhibit 34: MEA – Year-over-year growth 2020-2025 (%)
  • 7.8 Major Leading Countries
    • Figure 35: Main leading countries
  • 7.9 Market Opportunity by Geography
    • Exhibit 36: Market opportunity by geography ($millions)

8 drivers, challenges and trends

  • 8.2 Market Challenges
    • Exhibit 37: Impact of drivers and challenges

9 Supplier landscape

  • 9.2 Supplier Landscape
    • Exhibit 38: Overview of suppliers
  • 9.3 Landscape disturbance
    • Piece 39: Disturbance of the landscape
    • Exhibit 40: Industry risks

10 Vendor Analysis

  • 10.1 Suppliers Covered
    • Exhibit 41: Covered Suppliers
  • 10.2 Supplier Market Positioning
    • Exhibit 42: Positioning of suppliers on the market
  • 10.3 Burberry Group Plc
    • Exhibit 43: Burberry Group Plc – Presentation
    • Appendix 44: Burberry Group Plc – Business segments
    • Exhibit 45: Burberry Group Plc – Key offers
    • Exhibit 46: Burberry Group Plc – Focus Segment
  • 10.6 hours
    • Room 52: Guess? Inc. – Presentation
    • Room 53: Guess? Inc. – Industries
    • Room 54: Guess? Inc. – Key Offers
    • Room 55: Guess? Inc. – Segment Focus
  • 10.7 Hermes International
    • Exhibit 60: Hermès International – Presentation
    • Appendix 61: Hermès International – Business sectors
    • Appendix 62: Hermès International – Highlights
    • Exhibit 63: Hermès International – Key offers
    • Exhibit 64: Hermès International – Focus segment
  • 10.8 Kering AG
    • Appendix 65: Kering SA – Presentation
    • Note 66: Kering SA – Business sectors
    • Appendix 67: Kering SA – Significant events
    • Appendix 68: Kering SA – Key offers
    • Appendix 69: Kering SA – Focus segment
  • 10.9 LVMH Moet Hennessy – Louis Vuitton
    • Exhibit 70: LVMH Moët Hennessy – Louis Vuitton – Insight
    • Exhibit 71: LVMH Moët Hennessy – Louis Vuitton – Activity area
    • Exhibit 72: LVMH Moët Hennessy – Louis Vuitton – Key news
    • Exhibit 73: LVMH Moët Hennessy – Louis Vuitton – Key offers
    • Exhibit 74: LVMH Moët Hennessy – Louis Vuitton – Segment focus
  • 10.10 PRADA Group
    • Exhibit 75: PRADA Group – Presentation
    • Appendix 76: PRADA Group – Business segments
    • Exhibit 77: PRADA Group – Main news
    • Exhibit 78: PRADA Group – Key offers
  • 10.11 PVH Corp.
    • Exhibit 79: PVH Corp. – Insight
    • Annex 80: PVH Corp. – Business segments
    • Exhibit 81: PVH Corp. – New keys
    • Exhibit 82: PVH Corp. – Key offers
    • Exhibit 83: PVH Corp. – Focus on the segment
  • 10.12 Tapestry Inc.
    • Exhibit 84: Tapestry Inc. – Overview
    • Exhibit 85: Tapestry Inc. – Business segments
    • Exhibit 86: Tapestry Inc. – New keys
    • Exhibit 87: Tapestry Inc. – Key Offers
    • Exhibit 88: Tapestry Inc. – Segment Focus

11 Appendix

  • 11.2 Currency Conversion Rates for US Dollar
    • Exhibit 89: Currency conversion rate for the US dollar
  • 11.3 Research methodology
    • Exhibit 90: Research methodology
    • Exhibit 91: Validation techniques used for market sizing
    • Exhibit 92: Sources of Information
  • 11.4 List of abbreviations
    • Exhibit 93: List of abbreviations

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