Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Product Type (Satchel, Tote Bag, Clutch, Others), By Fabric Type (Leather, Fabric, Others), By Distribution Channel (Online, Offline) And Competitive Landscape
Product Code: ETC055950 | Publication Date: Feb 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Africa Handbags & messenger bags marketΒ is expected to witness growth over the forecast period. South Africans are highly desired consumers and international handbags such as Louis Vuitton, Michael Kors and Chanel are perceived as status symbols, driving the demand for luxury brands. For African women wearing traditional outfits along with an international branded handbag is the ideal way to show their status, with materials such as crocodile, snake and alligator being popular among wealthy African consumers. Demand for bags and messenger bags was impacted by several factors during the lockdown in South Africa in 2020due to the coronavirus pandemic, including ongoing economic concerns for a large proportion of the population which focused their priorities on essential goods such as groceries and medicine, reduced demand for replacement bags such as backpacks and handbags due to the closure of schools and universities in March, and the high number of South Africans encouraged to work from home wherever possible.
According to 6Wresearch, Africa Handbags & Messenger Bags Market size is anticipated to register growth during 2021-27.Β In the countries, South Africa is expected to dominate the Handbags & messenger bags market in Africa. Louis Vuitton and Michael Kors brands are the leading brands of South Africa. Women of South Africa used to have a bag of the skin of alligators, snake etc. are now banned by some countries. If you travel to those countries you canβt keep that along with you. The Handbags & messenger bags market is driven by the rising fashion industry. It covers the view of the Handbags & messenger bags market in Europe and its growth prospects in the coming years.
The Handbags & messenger bags market in Africa is segmented into product type, fabric type and distribution channel. Based on fabric type, the Handbags & messenger bags market in Africa is categorized into leather, fabric and others. Based on product type, the market is bifurcated into Satchel, Tote Bag, clutch and others. Further, in terms of distribution channel, the Handbags & messenger bags market is categorized online and offline. Sales of handbags and messenger bags through online stores are increasing, which will have a positive influence on the growth of the market during the forecast period. The middle-income consumer group has been growing steadily in recent years in terms of disposable income and spending on lifestyle products. Rising incomes are expected to influence consumer purchasing behaviour and increase consumer spending on handbags, including luxury handbags and messenger bags, especially among working women. Along with expanding consumer base of fashion-conscious consumers worldwide, is expected to sustain the growth of the market in the foreseeable future. Moreover, it is crucial for players to continuously innovate, operate and grow in the market, due to the rapidly changing consumer demands and preferences.
The Africa Handbags & messenger bags market report thoroughly covers the market by Product Types, Fabric type, distribution channel and countries including South Africa, Kenya, Nigeria, and the rest of Africa. The Handbags & messenger bags market outlook report provides an unbiased and detailed analysis of the on-going Africa Handbags & messenger bags market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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 Africa Handbags & Messenger Bags Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Handbags & Messenger Bags Market Revenues & Volume, 2020 & 2027F |
3.3 Africa Handbags & Messenger Bags Market - Industry Life Cycle |
3.4 Africa Handbags & Messenger Bags Market - Porter's Five Forces |
3.5 Africa Handbags & Messenger Bags Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Africa Handbags & Messenger Bags Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
3.7 Africa Handbags & Messenger Bags Market Revenues & Volume Share, By Fabric Type, 2020 & 2027F |
3.8 Africa Handbags & Messenger Bags Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
4 Africa Handbags & Messenger Bags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Handbags & Messenger Bags Market Trends |
6 Africa Handbags & Messenger Bags Market, 2017 - 2027 |
6.1 Africa Handbags & Messenger Bags Market, Revenues & Volume, By Product Type, 2017 - 2027 |
6.2 Africa Handbags & Messenger Bags Market, Revenues & Volume, By Fabric Type, 2017 - 2027 |
6.3 Africa Handbags & Messenger Bags Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
7 South Africa Handbags & Messenger Bags Market, 2017 - 2027 |
7.1 South Africa Handbags & Messenger Bags Market, Revenues & Volume, By Product Type, 2017 - 2027 |
7.2 South Africa Handbags & Messenger Bags Market, Revenues & Volume, By Fabric Type, 2017 - 2027 |
7.3 South Africa Handbags & Messenger Bags Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8 Nigeria Handbags & Messenger Bags Market, 2017 - 2027 |
8.1 Nigeria Handbags & Messenger Bags Market, Revenues & Volume, By Product Type, 2017 - 2027 |
8.2 Nigeria Handbags & Messenger Bags Market, Revenues & Volume, By Fabric Type, 2017 - 2027 |
8.3 Nigeria Handbags & Messenger Bags Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
9 Kenya Handbags & Messenger Bags Market, 2017 - 2027 |
9.1 Kenya Handbags & Messenger Bags Market, Revenues & Volume, By Product Type, 2017 - 2027 |
9.2 Kenya Handbags & Messenger Bags Market, Revenues & Volume, By Fabric Type, 2017 - 2027 |
9.3 Kenya Handbags & Messenger Bags Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
10 Rest of Africa Handbags & Messenger Bags Market, 2017 - 2027 |
10.1 Rest of Africa Handbags & Messenger Bags Market, Revenues & Volume, By Product Type, 2017 - 2027 |
10.2 Rest of Africa Handbags & Messenger Bags Market, Revenues & Volume, By Fabric Type, 2017 - 2027 |
10.3 Rest of Africa Handbags & Messenger Bags Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
11 Africa Handbags & Messenger Bags Market Key Performance Indicators |
12 Africa Handbags & Messenger Bags Market - Opportunity Assessment |
12.1 Africa Handbags & Messenger Bags Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Africa Handbags & Messenger Bags Market Opportunity Assessment, By Product Type, 2020 & 2027F |
12.3 Africa Handbags & Messenger Bags Market Opportunity Assessment, By Fabric Type, 2020 & 2027F |
12.4 Africa Handbags & Messenger Bags Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
13 Africa Handbags & Messenger Bags Market - Competitive Landscape |
13.1 Africa Handbags & Messenger Bags Market Revenue Share, By Companies, 2020 |
13.2 Africa Handbags & Messenger Bags Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |