Report Description

The Global Luxury Bags market size is projected to grow at a steady CAGR during the forecast period. The market for Luxury Bags is growing majorly due to the increasing disposable income and the rising population of working women. However, the presence of replica copies of Luxury Bags in the market is major hindrance to the growth of the global Luxury Bags industry.

In terms of type, the market for Luxury Bags is categorized into Handbag, Backpack, Wallet, Clutched and others. Among all the types, the handbag category accounted for majority of the global Luxury Bags industry in 2022. In terms of distribution channel, the market for Luxury Bags is categorized into Online and Offline. The offline channel accounted for majority of the global Luxury Bags market in 2022. 

Talking into an account of geographical landscape, the global market for Luxury Bags was the largest in Europe in 2022 and it is predicted to remain as the largest market throughout the forecast period as well. The European Luxury Bags industry accounted for more than 30% of the global market in 2022. However, the Asia-Pacific region is predicted to be the fastest growing region during the forecast period. The growth of the Asia-Pacific Luxury Bags market is majorly attributable to the increasing spending capacities of the people and the changing fashion trends in the region.

Some of the leading players in the Global Luxury Bags Market are Loeffler Randall, Inc., Macy’s Inc., Michael Kors Holdings Limited, The Lacoste Group, Kate Spade, Giorgio Armani S.p.A., PVH Corp. (Calvin Klein), Chloé, Furla, Ganni A/S etc.

Years considered for this report:

Historical Years: 2018–2021

Base Year: 2022

Estimated Year: 2023

Forecast Period: 2024–2028

Objective of the Study:

  • To analyse and forecast the market size of Global Luxury Bags Market, in terms of value & volume.
  • To classify and forecast Global Luxury Bags Market based on type, material, gender, distribution channel and regional distribution.
  • To identify drivers and challenges for Global Luxury Bags Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in Global Luxury Bags Market.
  • To conduct the pricing analysis for Global Luxury Bags Market.
  • To identify and analyse the profile of leading players involved in the Global Luxury Bags Market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.

TechSci Research calculated the market size of Global Luxury Bags Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

 

Key Target Audience:

  • Manufacturers of Luxury Bags
  • Suppliers and distributors
  • End consumers
  • Industry associations and experts
  • Research organizations and consulting companies
  • Market research firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Material

·         Gender

·         Distribution Channel

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt

Key Companies Profiled

Loeffler Randall, Inc., Macy’s Inc., Michael Kors Holdings Limited, The Lacoste Group, Kate Spade, Giorgio Armani S.p.A., PVH Corp. (Calvin Klein), Chloé, Furla, Ganni A/S.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Global Luxury Bags Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Luxury Bags Market, By Type
    • Handbag
      • Shoulder Bags
      • Satchel Bags
      • Handheld Bags
      • Sling Bags
      • Tote Bags
      • Hobo Bags
      • Duffle Bags
      • Others
    • Backpack
    • Wallet
    • Clutched
    • Laptop Bags
    • Others
  • Global Luxury Bags Market, By Material
    • Leather
    • Nylon
    • Synthetic
  • Global Luxury Bags Market, By Gender
    • Men
    • Women
  • Global Luxury Bags Market, By Distribution Channel
    • Online
    • Offline
  • Global Luxury Bags Market, By Region:
    • Asia-Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Luxury Bags Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.       Product Overview

2.       Research Methodology

3.       Impact of COVID-19 on Global Luxury Bags Market

4.       Executive Summary

5.       Voice of Customer

5.1.    Aided Brand Awareness

5.2.    Factors Influencing Purchase Decision

5.3.    Challenges/Issues Faced Post Purchase

6.       Global Luxury Bags Market Overview 

7.       Global Luxury Bags Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value & Volume

7.2.    Market Share & Forecast

7.2.1.By Type (Handbag (Shoulder Bags, Satchel Bags, Handheld Bags, Sling Bags, Tote Bags, Hobo Bags, Duffle Bags and Others), Backpack, Wallet, Clutched and Others)

7.2.2.By Material (Leather, Nylon and Synthetic)

7.2.3.By Gender (Men and Women)

7.2.4.By Distribution Channel (Online and Offline)

7.2.5.By Region

7.2.6.By Company (2022)

7.3.    Market Attractiveness Index

8.       Asia-Pacific Luxury Bags Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value & Volume

8.2.    Market Share & Forecast

8.2.1.By Type

8.2.2.By Material

8.2.3.By Distribution Channel

8.2.4.By Country

8.3.    Market Attractiveness Index

8.4.    Asia-Pacific: Country Analysis

8.4.1.China Luxury Bags Market Outlook

8.4.1.1.              Market Size & Forecast

8.4.1.1.1.                    By Value & Volume

8.4.1.2.              Market Share & Forecast

8.4.1.2.1.                    By Type

8.4.1.2.2.                    By Material

8.4.1.3.              Pricing Analysis

8.4.1.4.              Market Attractiveness Index

8.4.2.India Luxury Bags Market Outlook

8.4.2.1.              Market Size & Forecast

8.4.2.1.1.                    By Value & Volume

8.4.2.2.              Market Share & Forecast

8.4.2.2.1.                    By Type

8.4.2.2.2.                    By Material

8.4.2.3.              Pricing Analysis

8.4.2.4.              Market Attractiveness Index

8.4.3.Japan Luxury Bags Market Outlook

8.4.3.1.              Market Size & Forecast

8.4.3.1.1.                    By Value & Volume

8.4.3.2.              Market Share & Forecast

8.4.3.2.1.                    By Type

8.4.3.2.2.                    By Material

8.4.3.3.              Pricing Analysis

8.4.3.4.              Market Attractiveness Index

8.4.4.South Korea Luxury Bags Market Outlook

8.4.4.1.              Market Size & Forecast

8.4.4.1.1.                    By Value & Volume

8.4.4.2.              Market Share & Forecast

8.4.4.2.1.                    By Type

8.4.4.2.2.                    By Material

8.4.4.3.              Pricing Analysis

8.4.4.4.              Market Attractiveness Index

8.4.5.Australia Luxury Bags Market Outlook

8.4.5.1.              Market Size & Forecast

8.4.5.1.1.                    By Value & Volume

8.4.5.2.              Market Share & Forecast

8.4.5.2.1.                    By Type

8.4.5.2.2.                    By Material

8.4.5.3.              Pricing Analysis

8.4.5.4.              Market Attractiveness Index

8.4.6.Singapore Luxury Bags Market Outlook

8.4.6.1.              Market Size & Forecast

8.4.6.1.1.                    By Value & Volume

8.4.6.2.              Market Share & Forecast

8.4.6.2.1.                    By Type

8.4.6.2.2.                    By Material

8.4.6.3.              Pricing Analysis

8.4.6.4.              Market Attractiveness Index

8.4.7.Malaysia Luxury Bags Market Outlook

8.4.7.1.              Market Size & Forecast

8.4.7.1.1.                    By Value & Volume

8.4.7.2.              Market Share & Forecast

8.4.7.2.1.                    By Type

8.4.7.2.2.                    By Material

8.4.7.3.              Pricing Analysis

8.4.7.4.              Market Attractiveness Index

9.       Europe Luxury Bags Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value & Volume

9.2.    Market Share & Forecast

9.2.1.By Type

9.2.2.By Material

9.2.3.By Distribution Channel

9.2.4.By Country

9.3.    Market Attractiveness Index

9.4.    Europe: Country Analysis

9.4.1.France Luxury Bags Market Outlook

9.4.1.1.              Market Size & Forecast

9.4.1.1.1.                    By Value & Volume

9.4.1.2.              Market Share & Forecast

9.4.1.2.1.                    By Type

9.4.1.2.2.                    By Material

9.4.1.3.              Pricing Analysis

9.4.1.4.              Market Attractiveness Index

9.4.2.Germany Luxury Bags Market Outlook

9.4.2.1.              Market Size & Forecast

9.4.2.1.1.                    By Value & Volume

9.4.2.2.              Market Share & Forecast

9.4.2.2.1.                    By Type

9.4.2.2.2.                    By Material

9.4.2.3.              Pricing Analysis

9.4.2.4.              Market Attractiveness Index

9.4.3.United Kingdom Luxury Bags Market Outlook

9.4.3.1.              Market Size & Forecast

9.4.3.1.1.                    By Value & Volume

9.4.3.2.              Market Share & Forecast

9.4.3.2.1.                    By Type

9.4.3.2.2.                    By Material

9.4.3.3.              Pricing Analysis

9.4.3.4.              Market Attractiveness Index

9.4.4.Italy Luxury Bags Market Outlook

9.4.4.1.              Market Size & Forecast

9.4.4.1.1.                    By Value & Volume

9.4.4.2.              Market Share & Forecast

9.4.4.2.1.                    By Type

9.4.4.2.2.                    By Material

9.4.4.3.              Pricing Analysis

9.4.4.4.              Market Attractiveness Index

9.4.5.Spain Luxury Bags Market Outlook

9.4.5.1.              Market Size & Forecast

9.4.5.1.1.                    By Value & Volume

9.4.5.2.              Market Share & Forecast

9.4.5.2.1.                    By Type

9.4.5.2.2.                    By Material

9.4.5.3.              Pricing Analysis

9.4.5.4.              Market Attractiveness Index

10.   North America Luxury Bags Market Outlook

10.1.                     Market Size & Forecast 

10.1.1.    By Value & Volume

10.2.                     Market Share & Forecast

10.2.1.    By Type

10.2.2.    By Material

10.2.3.    By Distribution Channel

10.2.4.    By Country

10.3.                     Market Attractiveness Index

10.4.                     North America: Country Analysis

10.4.1.    United States Luxury Bags Market Outlook

10.4.1.1.          Market Size & Forecast

10.4.1.1.1.                 By Value & Volume

10.4.1.2.          Market Share & Forecast

10.4.1.2.1.                 By Type

10.4.1.2.2.                 By Material

10.4.1.3.          Pricing Analysis

10.4.1.4.          Market Attractiveness Index

10.4.2.    Mexico Luxury Bags Market Outlook

10.4.2.1.          Market Size & Forecast

10.4.2.1.1.                 By Value & Volume

10.4.2.2.          Market Share & Forecast

10.4.2.2.1.                 By Type

10.4.2.2.2.                 By Material

10.4.2.3.          Pricing Analysis

10.4.2.4.          Market Attractiveness Index

10.4.3.    Canada Luxury Bags Market Outlook

10.4.3.1.          Market Size & Forecast

10.4.3.1.1.                 By Value & Volume

10.4.3.2.          Market Share & Forecast

10.4.3.2.1.                 By Type

10.4.3.2.2.                 By Material

10.4.3.3.          Pricing Analysis

10.4.3.4.          Market Attractiveness Index

11.   South America Luxury Bags Market Outlook

11.1.                     Market Size & Forecast 

11.1.1.    By Value & Volume

11.2.                     Market Share & Forecast

11.2.1.    By Type

11.2.2.    By Material

11.2.3.    By Distribution Channel

11.2.4.    By Country

11.3.                     Pricing Analysis

11.4.                     Market Attractiveness Index

11.4.1.    Brazil Luxury Bags Market Outlook

11.4.1.1.          Market Size & Forecast

11.4.1.1.1.                 By Value & Volume

11.4.1.2.          Market Share & Forecast

11.4.1.2.1.                 By Type

11.4.1.2.2.                 By Material

11.4.1.3.          Pricing Analysis

11.4.1.4.          Market Attractiveness Index

11.4.2.    Argentina Luxury Bags Market Outlook

11.4.2.1.          Market Size & Forecast

11.4.2.1.1.                 By Value & Volume

11.4.2.2.          Market Share & Forecast

11.4.2.2.1.                 By Type

11.4.2.2.2.                 By Material

11.4.2.3.          Pricing Analysis

11.4.2.4.          Market Attractiveness Index

11.4.3.    Colombia Luxury Bags Market Outlook

11.4.3.1.          Market Size & Forecast

11.4.3.1.1.                 By Value & Volume

11.4.3.2.          Market Share & Forecast

11.4.3.2.1.                 By Type

11.4.3.2.2.                 By Material

11.4.3.3.          Pricing Analysis

11.4.3.4.          Market Attractiveness Index

12.   Middle East and Africa Luxury Bags Market Outlook

12.1.                     Market Size & Forecast 

12.1.1.    By Value & Volume

12.2.                     Market Share & Forecast

12.2.1.    By Type

12.2.2.    By Material

12.2.3.    By Distribution Channel

12.2.4.    By Country

12.3.                     Market Attractiveness Index

12.4.                     MEA: Country Analysis

12.4.1.    South Africa Luxury Bags Market Outlook

12.4.1.1.          Market Size & Forecast

12.4.1.1.1.                 By Value & Volume

12.4.1.2.          Market Share & Forecast

12.4.1.2.1.                 By Type

12.4.1.2.2.                 By Material

12.4.1.3.          Pricing Analysis

12.4.1.4.          Market Attractiveness Index

12.4.2.    Saudi Arabia Luxury Bags Market Outlook

12.4.2.1.          Market Size & Forecast

12.4.2.1.1.                 By Value & Volume

12.4.2.2.          Market Share & Forecast

12.4.2.2.1.                 By Type

12.4.2.2.2.                 By Material

12.4.2.3.          Pricing Analysis

12.4.2.4.          Market Attractiveness Index

12.4.3.    UAE Luxury Bags Market Outlook

12.4.3.1.          Market Size & Forecast

12.4.3.1.1.                 By Value & Volume

12.4.3.2.          Market Share & Forecast

12.4.3.2.1.                 By Type

12.4.3.2.2.                 By Material

12.4.3.3.          Pricing Analysis

12.4.3.4.          Market Attractiveness Index

12.4.4.    Qatar Luxury Bags Market Outlook

12.4.4.1.          Market Size & Forecast

12.4.4.1.1.                 By Value & Volume

12.4.4.2.          Market Share & Forecast

12.4.4.2.1.                 By Type

12.4.4.2.2.                 By Material

12.4.4.3.          Pricing Analysis

12.4.4.4.          Market Attractiveness Index

13.   Market Dynamics

13.1.                     Drivers

13.2.                     Opportunities

13.3.                     Challenges

14.   Market Trends & Developments

15.   Competitive Landscape

15.1.                     Competition Outlook

15.2.                     Company Profiles (Top 10 Companies)

Strategic Recommendation

Figures and Tables

Frequently asked questions

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Increasing demand for activewear, booming e-commerce industry, and developing fashion industry are driving the global luxury bags market demand.

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Loeffler Randall, Inc., Macy’s Inc., Michael Kors Holdings Limited, The Lacoste Group, Kate Spade, Giorgio Armani S.p.A., PVH Corp. (Calvin Klein), Chloé, Furla, Ganni A/S are the major market players operating in the global luxury bags market.

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Based on regional market segmentation, the market is divided among the North American region, European region, Asia-Pacific region, South American region, and the Middle East & African region. The European region is expected to hold the largest market share in the forecast period due to the growing purchasing power of consumers and the presence of major market players in the region.

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The availability of replica copies of luxury bags may hinder the growth of the global luxury bags market.

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Parvati Sharma

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