Luxury Handbags Market Size to reach USD 33.94 Bn

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Luxury Handbags Market Research Report - Global
Forecast till 2024
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2024
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Luxury Handbags Market Market Research Report-
Forecast 2024
Luxury Handbags Market Market 2019 Industry
Survey, Growth, Competitive Landscape and
Forecasts to 2024
A luxury handbag is known for its premium quality
and its size covers both medium and large-sized
handbags. The global luxury handbags market has
the potential to surpass the estimated valuation
of USD 33.94 billion at a CAGR of 6.8 during the
forecast period of 2019 to 2024. The category is
mostly known for being a status symbol, which
according to Market Research Future (MRFR), is
expected to play a big role in the global market.
The growing participation from several companies
in building a more integrated market would assist
the market in its growth in the coming
years. Various factors like growing disposable
income, increased participation from well-known
brands, better market exposure, increasing impact
of the entertainment industry, and others are
expected to make a market impact for the global
luxury handbags category.
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Luxury Handbags Market Market Research Report-
Forecast to 2024
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Luxury Handbags
Market Market Research Report - Global Forecast
2024
The market for global luxury handbags has its
foundation in an in-depth study. The study relies
on a segmentation based on material type, type,
consumer group, and distribution channel. By
consumer group, the Luxury Handbags Market can
include men, women, and unisex. By type, the
market for luxury handbags can be segmented into
crossbody bags, clutches, satchels, shoulder
bags, tote bags, hobo bags, briefcases, and
others. By material, the market for luxury
handbags includes several types like cotton,
leather, synthetic, and others. By distribution
channel, the market for luxury handbags can be
segmented into store-based and non-store-based.
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Luxury Handbags Market Market Research Report-
Forecast to 2024
Global Luxury Handbags Market Share (), by
Region, 2018
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Luxury Handbags Market Market Research Report-
Forecast to 2024
Regional Analysis
Europe is at the top of the global market and it
shows immense potential to retain that position
in the coming years as well. A number of
companies are operating from the region, which
gives the region an advantage owing to which the
market would rise significantly in the coming
years as well. This would be triggered by high
per capita income and better inclusion of trendy
products. The APAC region would gain much from
growing disposable income and a massive
population. The region would also make
substantial profit from the e-commerce segment.
At the same time, improvement in logistics to
make sure that the online market grows at a rapid
pace. China, Japan, India, and others are
expected to become important markets.
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Luxury Handbags Market Market Research Report-
Forecast to 2024
Application Major Players in this Research

• Luxury Handbags Market Market Prominent Players
• Atelier (US), Tory Burch LLC (US),
• Louis Vuitton (France),
• Chanel S.A. (France),
• Prada S.p.A (Italy),
• Dolce Gabbana S.R.L. (Italy),
• Valentino S.p.A. (Italy),
• Burberry Group PLC (UK),
• Cartier International SNC (France),
• Giorgio Armani S.p.A (Italy),
• Guccio Gucci S.p.A (Italy)

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Luxury Handbags Market Market Research Report-
Forecast to 2024
Luxury Handbags Market Market Segmented on the
basis of

• By Type
• Clutches,
• Crossbody Bags,
• Shoulder Bags,
• Satchels,
• Hobo Bags,
• Tote Bags,
• Briefcases
• By Distribution Channel
• Store-Based
• Non-Store-Based
• By Region
• North America,
• Europe,
• Asia-Pacific
• Rest of the World

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