Consumer Goods

Handbags Market in APAC 2015-2019

  • TEC250551
  • 148 Pages
  • June 2015
  • Consumer Goods
About Handbags Market in APAC

Handbags are among the most desirable and popular fashion products for men and women, and have become status symbols. Consequently, demand for luxury and premium
handbags is growing. Various handbag companies are adopting innovative strategies according to changing consumer demography and preferences such as rising demand for
eco-friendly handbags. Also, the launch of designer bags exclusively for men is gaining attention in the market. In 2014, the handbags market in APAC was dominated by
the shoulder bags segment. In terms of distribution, specialist retailers accounted for the largest share in the sales of handbags in APAC.

Technavio's analysts forecast the handbags market in APAC, in terms of revenue and volume, to grow at CAGRs of 6.5% and 6.2%, respectively, over the period 2014-2019.

Covered in this Report

The handbags market in APAC can be segmented into four segments: totes, shoulder bags, purses and wallets, and satchels and saddle bags. The shoulder bags was the
largest segment in terms of both revenue and volume, accounting for 31.7% and 29% share of the market in 2014.

Technavio's report, the Handbags Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the
market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors
Herms International
Kate Spade
Michael Kors

Other Prominent Vendors
Alfred Dunhill
Bottega Veneta
Changshu Maydiang Group
Da Milano
Dolce & Gabbana
Donna Karan International (DKNY)
Giordano Fashions
Lipault Paris
Mango Bags
Oroton Group
Phive Rivers
Ralph Lauren
River Island
Samantha Thavasa Japan
Strandbags Group
The House of Tara
Veda Lifestyle

Market Driver
Increased Urbanization and Rise in Disposable Income
For a full, detailed list, view our report

Market Challenge
Growing Competition from Counterfeit Products
For a full, detailed list, view our report

Market Trend
Growing Social Media Activities by Retailers
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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