Global Handbags Market: Industry Analysis & Outlook (2016-2020) - Koncept Analytics

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Global Handbags Market- Industry Analysis
Outlook -----------------------------------------
(2016-2020)
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• Executive Summary
• A handbag is a fashionably designed handled bag
  used to hold essential items of personal use. It
  is typically larger than a purse or pouch and
  holds objects beyond currency, such as mobile
  phones and other personal items.
• The market for handbags is very vast and can be
  classified on the basis of various factors which
  influence buying pattern and sales. Based on
  type, a handbag can either be a satchel, bucket
  bag, clutch, tote bag, backpack, baguette bag,
  athletic bag or a hobo bag.
• The global handbags market has premium handbags
  at the forefront influencing tastes and
  preferences across the entire market. Growing
  affluence in emerging economies and better brand
  recognition have driven significant demand in the
  market, that has been witnessing perpetual growth
  due to rising disposable income and increasing
  purchasing power as global economies picked up
  post-recession.
• Since the usage of handbags is predominantly
  associated with women, a rise in the woman
  workforce over the years has boosted growth. In
  recent years the handbags market has seen a shift
  from bigger totes to smaller and increasing
  preference for off-price channels driven by
  demand from brand conscious millennial
  population. To keep up with changing trends,
  market players have thus, begun to aggressively
  compete in their social media presence.
• However, counterfeit products, high import duties
  and declining store presence coupled with
  decelerating global GDP growth continue to pose a
  serious challenge to the global handbags market.
• The report provides an overview of the Global
  Handbags Market by concentrating on the premium
  segment, which drives trends in the entire
  market. It gives an in-depth analysis of regions
  like North America, Europe and Asia-Pacific.
  Certain trends, growth drivers as well as issues
  being faced by the industry are discussed in
  detail in the report along with competition in
  the market.

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The global handbags market has premium handbags
at the forefront that influences tastes and
preferences across the entire market
Global Premium Handbags Accessories Market by
Value (2011-2015)

• The global premium handbag and accessories
  market, reached US.. billion in the year 2015,
  increasing from US.. billion in the previous
  fiscal year.
• The global premium handbags accessories market
  is expected to reach US.. billion in the year
  2020, increasing from US.. billion in 2016.
• In 2015, the womens segment accounted for .. of
  the global handbags revenue, while the mens
  segment held .. of the market share.
• The largest market for handbags in 2015 was XX,
  constituting a major .. share.
• In 2020, XX is expected to bet he largest market
  for handbags, accounting for .. of the global
  handbags market share.

Global Premium Handbags Accessories Market by
Segment (2015)
Global Premium Handbags Accessories Market by
Region (2015)
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Rising disposable income and increasing
purchasing power post the recession has
strengthened demand for handbags market globally,
driven by an incline in tourist arrivals across
the globe
North America Premium HA Market by Value
(2011-2015)

• The North American premium handbags accessories
  (HA) market reached US.. billion in 2015,
  increasing from US.. billion in the previous
  fiscal year.
• The North American handbags market is dominated
  by XX segment, which accounted for .. of the
  market share in 2015.
• The United States handbags market reached US..
  billion in the year 2015, increasing from US..
  billion in the previous fiscal year.
• Per capita spending on handbags in the United
  States has reached US.. in 2015.
• European premium handbags accessories market
  reached US.. billion in 2015, increasing from
  US.. billion in the previous fiscal year.

The U.S. Handbags Market by Value (2011-2015)
Europe Premium HA Market by Value (2011-2015)
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Usage of handbags is predominantly associated
with women thus, a rise in the woman workforce
over the years has boosted growth in the market
Japan Premium Handbags Accessories Market by
Value (2011-2015)

• Market for premium handbags accessories (HA)
  market in Japan reached US.. billion in 2015,
  decreasing from US.. billion in the previous
  fiscal year.
• Premium handbags accessories market in China
  reached US.. billion in the year 2015,
  increasing from US.. billion in the previous
  fiscal year.
• The Southeast Asian market for premium handbags
  accessories reached US.. billion in 2015,
  increasing from US.. billion in the previous
  fiscal year.
• In 2015, Handbags exports this share in the
  total travel goods exports in Hong Kong, reached
  .., increasing from .. in the previous fiscal
  year.
• XX is the largest market for travel goods and
  handbags exports from Hong Kong, and constituted
  a major .. share in 2015.

China Premium Handbags Accessories Market by
Value (2011-2015)
Southeast Asia Premium HA Market by Value
(2011-2015)
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Handbags Market- Industry Analysis Outlook .
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