Market Forecast By Regions (North America, Latin America, Europe, Africa, Asia Pacific and Middle East), By Product Type (Satchel, Tote Bag, Clutch, Others), By Fabric Type (Leather, Fabric, Others), By Distribution Channel (Online, Offline) And Competitive Landscape
Product Code: ETC060845 | Publication Date: Jun 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global Handbags & Messenger bags marketΒ is expected to register significant growth in the upcoming years. Like sneakers and baseball caps, the backpack is one of those once-sloppy afterthoughts that have become considered, coveted purchases in the last decade. The Handbags & Messenger bags market incorporates tote bag, cross body, expandable laptop bags, mini shoulder bags, hand purse, etc. Handbags & Messenger bags have become an important accessory in the fashion world, and are often used as completion pieces for a womanβs and menβs wardrobe. They promote growth in the fashion industry, and designers are including Handbags & Messenger bags in their collections more often to increase revenue. The fashion and luxury market has a direct impact on the different designs that come out of the handbag and messenger bags industry, as one compliments the other.
According to 6Wresearch, Global Handbags & Messenger Bags Market size is anticipated to register growth during 2021-27.Β Premier handbag and messenger bag companies will sell not only their own designer pieces but luxury brands and private labels as well. The designer handbag and messenger bag brands that come out of Europe make up the largest market in the industry. Luxury products βMade in Middle Eastβ are progressively esteemed by True-Luxury purchasers, increasingly gaining attention among millennial and Chinese purchasers. Handbag and messenger bag companies are also beginning to adjust their distribution practices so they can provide more effectively for the needs of their consumer, as well as reducing their operational costs. Moreover, there is no doubt that the spread of COVID-19 has affected the lives of all the natives across the globe. It has also impacted the Handbags & Messenger bags market a lot with much economic slowdown.
Based on verticals, products, sales, enterprises, establishments, and employment the market is driven by the design and material innovation leading to product premiumization and high influence of celebrity endorsements on the purchase decision. Based on components, luxury Handbags & Messenger bags market provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
The Global Handbags & Messenger bags market report thoroughly covers the market by components, verticals, and regions including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa, and key countries. Based on the users, the market is segmented into men and women. Women are the largest consumers of handbags and men are the largest consumers of messenger bags. However, the online market is expected to witness faster growth during the forecast period.
The Global Handbags & Messenger bags market is estimated to witness substantial growth in the coming timeframe. Moreover, on the basis of end-users, the fashion market is estimated to secure large market sales revenue owing to the rising need of new brands and new designs in the fashion world in order to maintain the curiosity which is gaining interest in the market and would benefit Handbags & Messenger bags market garner exponential growth during the forecast period.
Key Highlights of the Report:
Markets Covered
The Market report includes the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Handbags & Messenger Bags Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Handbags & Messenger Bags Market Revenues & Volume, 2020 & 2027F |
3.3 Global Handbags & Messenger Bags Market - Industry Life Cycle |
3.4 Global Handbags & Messenger Bags Market - Porter's Five Forces |
3.5 Global Handbags & Messenger Bags Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Global Handbags & Messenger Bags Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.7 Global Handbags & Messenger Bags Market Revenues & Volume Share, By Fabric Type, 2020 & 2027F |
3.8 Global Handbags & Messenger Bags Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
4 Global Handbags & Messenger Bags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Handbags & Messenger Bags Market Trends |
6 Global Handbags & Messenger Bags Market, 2017 - 2027 |
6.1 Global Handbags & Messenger Bags Market, Revenues & Volume, By Product Type, 2017 - 2027 |
6.2 Global Handbags & Messenger Bags Market, Revenues & Volume, By Fabric Type, 2017 - 2027 |
6.3 Global Handbags & Messenger Bags Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
7 North America Handbags & Messenger Bags Market, 2017 - 2027 |
7.1 North America Handbags & Messenger Bags Market, Revenues & Volume, By Product Type, 2017 - 2027 |
7.2 North America Handbags & Messenger Bags Market, Revenues & Volume, By Fabric Type, 2017 - 2027 |
7.3 North America Handbags & Messenger Bags Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8 Latin America Handbags & Messenger Bags Market, 2017 - 2027 |
8.1 Latin America Handbags & Messenger Bags Market, Revenues & Volume, By Product Type, 2017 - 2027 |
8.2 Latin America Handbags & Messenger Bags Market, Revenues & Volume, By Fabric Type, 2017 - 2027 |
8.3 Latin America Handbags & Messenger Bags Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
9 Europe Handbags & Messenger Bags Market, 2017 - 2027 |
9.1 Europe Handbags & Messenger Bags Market, Revenues & Volume, By Product Type, 2017 - 2027 |
9.2 Europe Handbags & Messenger Bags Market, Revenues & Volume, By Fabric Type, 2017 - 2027 |
9.3 Europe Handbags & Messenger Bags Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
10 Middle East Handbags & Messenger Bags Market, 2017 - 2027 |
10.1 Middle East Handbags & Messenger Bags Market, Revenues & Volume, By Product Type, 2017 - 2027 |
10.2 Middle East Handbags & Messenger Bags Market, Revenues & Volume, By Fabric Type, 2017 - 2027 |
10.3 Middle East Handbags & Messenger Bags Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
11 Africa Handbags & Messenger Bags Market, 2017 - 2027 |
11.1 Africa Handbags & Messenger Bags Market, Revenues & Volume, By Product Type, 2017 - 2027 |
11.2 Africa Handbags & Messenger Bags Market, Revenues & Volume, By Fabric Type, 2017 - 2027 |
11.3 Africa Handbags & Messenger Bags Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
12 Asia Pacific Handbags & Messenger Bags Market, 2017 - 2027 |
12.1 Asia Pacific Handbags & Messenger Bags Market, Revenues & Volume, By Product Type, 2017 - 2027 |
12.2 Asia Pacific Handbags & Messenger Bags Market, Revenues & Volume, By Fabric Type, 2017 - 2027 |
12.3 Asia Pacific Handbags & Messenger Bags Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
13 Global Handbags & Messenger Bags Market Key Performance Indicators |
14 Global Handbags & Messenger Bags Market - Opportunity Assessment |
14.1 Global Handbags & Messenger Bags Market Opportunity Assessment, By Countries, 2020 & 2027F |
14.2 Global Handbags & Messenger Bags Market Opportunity Assessment, By Product Type, 2020 & 2027F |
14.3 Global Handbags & Messenger Bags Market Opportunity Assessment, By Fabric Type, 2020 & 2027F |
14.4 Global Handbags & Messenger Bags Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
15 Global Handbags & Messenger Bags Market - Competitive Landscape |
15.1 Global Handbags & Messenger Bags Market Revenue Share, By Companies, 2020 |
15.2 Global Handbags & Messenger Bags Market Competitive Benchmarking, By Operating and Technical Parameters |
16 Company Profiles |
17 Recommendations |
18 Disclaimer |