The Global Luxury Bags market size is projected to cross USD 34.0 Billion by 2024, growing at a CAGR of over 8% 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 2017. 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 2017.

Talking into an account of geographical landscape, the global market for Luxury Bags was the largest in Europe in 2017 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 2017. 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 major players in the global Luxury Bags market are Macy’s Inc., Michael Kors Holdings Limited, The Lacoste Group, Giorgio Armani S.p.A. among others.

Years considered for this report:

Historical Years: 2014–2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2024

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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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.

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.

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:

  • 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
  • Market, By Material
    • Leather
    • Nylon
    • Synthetic
  • Market, By Gender
    • Men
    • Women
  • Market, By Distribution Channel
    • Online
    • Offline
  • 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.

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1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

5.    Global Luxury Bags Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value & Volume

5.2.  Market Share & Forecast

5.2.1.     By Type (Handbags, Travel Bags, Backpack, Others)

5.2.2.     By Material (Leather, Non Leather and Others)

5.2.3.     By Distribution Channel (Online and Offline)

5.2.4.     By Company (2018)

5.2.5.     By Region

5.3.  Market Attractiveness Index

6.    North America Luxury Bags Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type

6.2.2.     By Material

6.2.3.     By Country

6.3.  North America: Country Analysis

6.3.1.     United States Luxury Bags Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value & Volume

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Type

6.3.1.2.2.             By Material

6.3.1.3.         Product Benchmarking

6.3.2.     Canada Luxury Bags Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value & Volume

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Type

6.3.2.2.2.             By Material

6.3.2.3.         Product Benchmarking

6.3.3.     Mexico Luxury Bags Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value & Volume

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Type

6.3.3.2.2.             By Material

6.3.3.3.         Product Benchmarking

7.    Europe 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

7.2.2.     By Material

7.2.3.     By Country

7.3.  Europe: Country Analysis

7.3.1.     France Luxury Bags Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Material

7.3.1.3.         Product Benchmarking

7.3.2.     Germany Luxury Bags Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Material

7.3.2.3.         Product Benchmarking

7.3.3.     United Kingdom Luxury Bags Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Material

7.3.3.3.         Product Benchmarking

7.3.4.     Italy Luxury Bags Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Material

7.3.4.3.         Product Benchmarking

7.3.5.     Spain Luxury Bags Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value & Volume

7.3.5.1.2.             Market Share & Forecast

7.3.5.1.3.             By Type

7.3.5.1.4.             By Material

7.3.5.2.         Product Benchmarking

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 Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Luxury Bags Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Material

8.3.1.3.         Product Benchmarking

8.3.2.     India Luxury Bags Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Material

8.3.2.3.         Product Benchmarking

8.3.3.     Japan Luxury Bags Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Material

8.3.3.3.         Product Benchmarking

8.3.4.     South Korea Luxury Bags Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Material

8.3.4.3.         Product Benchmarking

8.3.5.     Australia Luxury Bags Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Material

8.3.5.3.         Product Benchmarking

8.3.6.     Singapore Luxury Bags Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value & Volume

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Type

8.3.6.2.2.             By Material

8.3.6.3.         Product Benchmarking

8.3.7.     Malaysia Luxury Bags Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value & Volume

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Type

8.3.7.2.2.             By Material

8.3.7.3.         Product Benchmarking

9.    Middle East and Africa 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 Country

9.3.  MEA: Country Analysis

9.3.1.     South Africa Luxury Bags Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Material

9.3.1.3.         Product Benchmarking

9.3.2.     Saudi Arabia Luxury Bags Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Material

9.3.2.3.         Product Benchmarking

9.3.3.     UAE Luxury Bags Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Material

9.3.3.3.         Product Benchmarking

10.  South 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 Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Luxury Bags Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Material

10.3.1.3.      Product Benchmarking

10.3.2.  Argentina Luxury Bags Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Material

10.3.2.3.      Product Benchmarking

10.3.3.  Colombia Luxury Bags Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Material

10.3.3.3.      Product Benchmarking

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Competitive Landscape

13.1.              Competition Outlook

13.2.              Company Profiles

13.2.1.  Loeffler Randall, Inc.

13.2.2.  Macy’s Inc.

13.2.3.  Michael Kors Holdings Limited

13.2.4.  The Lacoste Group

13.2.5.  Kate Spade

13.2.6.  Giorgio Armani S.p.A.

13.2.7.  PVH Corp. (Calvin Klein)

13.2.8.  Chloé,

13.2.9.  Furla

13.2.10. Ganni A/S

14.  Strategic Recommendations

 (Note: The companies list can be customized based on the client requirements.)

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