Global Handbags Market Report: 2015 Edition
Handbags and accessories are among the fastest growing segments of the overall luxury goods industry. Despite the fact that the handbags market caters to both male as well as female customers, it is predominantly seen as a women-oriented market. However, history reveals the facts that use of handbags or pouches started in very early ages where man used it to carry coins. But because of the large options of functions, patterns, sizes and colors it offers to women, it has made a very important place in the life of woman. Today, fashion industry provides products designed especially for men, to cater the varying needs of this gender too.
The global handbags market is incessantly growing since recession and is further expected to be a highly profitable market for the next couple of years. Moreover, the handbag market encompasses dynamic players and an expanding consumer base, which is expected to flourish due to increasing demand from emerging markets and strong performances by the international luxury brands.
Inclination towards the handbags market worldwide can be observed as a result of aggressive presence on social media and fashion shows, various ways of marketing the product. Other principal trends of the respective market include enhancing demand for small and medium silhouette handbags and cross bodies, brand strengthening efforts by majority of leading companies and insurance of handbags.
The key factors driving growth of the global handbags industry include rising number of high net worth individuals, growing number of youth, increasing working women population, rising internet penetration and improvement in global economic growth. However, the growth of handbag industry is hindered by factors such as the radically shifting customer base and presence of counterfeit products.
The market for handbags is highly competitive with several players operating both at global and regional level. The leading players include Channel, Gucci, Louis Vuitton, Hermes, Prada, Burberry and Michael Kors, among others.
The report “Global Handbags Market” analyzes the development of this market, both at global and regional level. The major trends, growth drivers as well as issues being faced by the industry are discussed in detail in this report. The four major players in the industry, Coach, Louis Vuitton, Burberry and Michael Kors, are being profiled along with their key financials and strategies for growth.
The global handbags market is incessantly growing since recession and is further expected to be a highly profitable market for the next couple of years. Moreover, the handbag market encompasses dynamic players and an expanding consumer base, which is expected to flourish due to increasing demand from emerging markets and strong performances by the international luxury brands.
Inclination towards the handbags market worldwide can be observed as a result of aggressive presence on social media and fashion shows, various ways of marketing the product. Other principal trends of the respective market include enhancing demand for small and medium silhouette handbags and cross bodies, brand strengthening efforts by majority of leading companies and insurance of handbags.
The key factors driving growth of the global handbags industry include rising number of high net worth individuals, growing number of youth, increasing working women population, rising internet penetration and improvement in global economic growth. However, the growth of handbag industry is hindered by factors such as the radically shifting customer base and presence of counterfeit products.
The market for handbags is highly competitive with several players operating both at global and regional level. The leading players include Channel, Gucci, Louis Vuitton, Hermes, Prada, Burberry and Michael Kors, among others.
The report “Global Handbags Market” analyzes the development of this market, both at global and regional level. The major trends, growth drivers as well as issues being faced by the industry are discussed in detail in this report. The four major players in the industry, Coach, Louis Vuitton, Burberry and Michael Kors, are being profiled along with their key financials and strategies for growth.
1. HANDBAGS: AN INTRODUCTION
1.1 Market Segmentation
1.2 Handbags Value Chain
2. MARKET ANALYSIS
2.1 Global Handbag Market
Market Value
Regional Breakdown
2.2 Regional Markets
2.2.1 The US
Market Value
Market Volume
2.2.2 Europe
Market Value
2.2.3 Asia
China
Hong Kong
Japan
South East Asiaa
3. MARKET DYNAMICS
3.1 Growth Drivers
3.1.1 Growing Youth Population
3.1.2 Rising Income and Increasing Purchasing Power
3.1.3 Brand Awareness and Income Levels
3.1.4 Rising Internet Penetration
3.1.5 Increasing Working Women Population
3.1.6 Improvement in Global Economic Growth
3.2 Key Trends
3.2.1 Shift from Logo Based to Leather Based
3.2.2 Aggressive Presence on Social Media and Fashion Shows
3.2.3 Demand for Small and Medium Silhouette Handbags
3.2.4 Brand Strengthening Efforts by Companies
3.2.5 Insurance of Handbags
3.3 Challenges
3.3.1 Growing Online Sales and Negative Commentary
3.3.2 Rising Restrictions on Animal Skins
3.3.3 Impact of Economic Environment
3.3.4 Counterfeit Products
3.3.5 Regulatory Issues on Premium Handbags
4. COMPETITIVE LANDSCAPE
Global Market Share
North American Market Share
Retail Productivity Comparison
Wholesale Productivity Comparison
5. COMPANY PROFILES
5.1 Coach Inc
5.1.1 Business Overview
5.1.2 Financial Overview
5.1.3 Business Strategies
5.2 LVMH
5.2.1 Business Overview
5.2.2 Financial Overview
5.2.3 Business Strategies
5.3 Burberry Group
5.3.1 Business Overview
5.3.2 Financial Overview
5.3.3 Business Strategies
5.4 Michael Kors
5.4.1 Business Overview
5.4.2 Financial Overview
5.4.3 Business Strategies
1.1 Market Segmentation
1.2 Handbags Value Chain
2. MARKET ANALYSIS
2.1 Global Handbag Market
Market Value
Regional Breakdown
2.2 Regional Markets
2.2.1 The US
Market Value
Market Volume
2.2.2 Europe
Market Value
2.2.3 Asia
China
Hong Kong
Japan
South East Asiaa
3. MARKET DYNAMICS
3.1 Growth Drivers
3.1.1 Growing Youth Population
3.1.2 Rising Income and Increasing Purchasing Power
3.1.3 Brand Awareness and Income Levels
3.1.4 Rising Internet Penetration
3.1.5 Increasing Working Women Population
3.1.6 Improvement in Global Economic Growth
3.2 Key Trends
3.2.1 Shift from Logo Based to Leather Based
3.2.2 Aggressive Presence on Social Media and Fashion Shows
3.2.3 Demand for Small and Medium Silhouette Handbags
3.2.4 Brand Strengthening Efforts by Companies
3.2.5 Insurance of Handbags
3.3 Challenges
3.3.1 Growing Online Sales and Negative Commentary
3.3.2 Rising Restrictions on Animal Skins
3.3.3 Impact of Economic Environment
3.3.4 Counterfeit Products
3.3.5 Regulatory Issues on Premium Handbags
4. COMPETITIVE LANDSCAPE
Global Market Share
North American Market Share
Retail Productivity Comparison
Wholesale Productivity Comparison
5. COMPANY PROFILES
5.1 Coach Inc
5.1.1 Business Overview
5.1.2 Financial Overview
5.1.3 Business Strategies
5.2 LVMH
5.2.1 Business Overview
5.2.2 Financial Overview
5.2.3 Business Strategies
5.3 Burberry Group
5.3.1 Business Overview
5.3.2 Financial Overview
5.3.3 Business Strategies
5.4 Michael Kors
5.4.1 Business Overview
5.4.2 Financial Overview
5.4.3 Business Strategies
LIST OF CHARTS
Handbags Market Segments
Value Chain of Handbags Market
Global Premium Handbags and Accessories Market (2011 2017F)
Global Premium Handbags and Accessories Market Value by Region (FY2013/FY2018E)
Global Premium Handbags and Accessories Market Value by Gender (FY2008 FY2018E)
Global Premium Handbags and Accessories Market Share by Region (FY2013/FY2018E)
The US Handbag Market by Revenue (2007 2014)
The US Handbag Market by Volume (2007 2014)
European Handbags Market Value (2013 2018E)
Chinese Handbags Market Value (2010 2018E)
Hong Kong’s Exports of Travel Goods and Handbags (2012 2014)
Honk Kong’s Handbags Exports by Country (2012 2014)
European Market Share in Honk Kong’s Handbags Exports (2012 2014)
Japanese Handbag Market Value (2013 2018E)
South East Asian Handbags Market Value (2013 2018E)
Global Youth Population Segment (1985 2025)
HNWI Wealth Levels and CAGR (2009 2013)
HNWI Population Levels and CAGR (2009 2013)
Weighted Average Brand Awareness by Income (2014)
Rising Global Internet Penetration (2007 2017E)
Y/Y Growth Of Handbag Conversations Online (2013 2015)
Global Working Women Population (2006 2017E)
Global GDP (2005 2013)
Comparative Online Sales Growth and Negative Online Commentary (2015)
Global Market Share by Brand (2010/2014E)
North American Handbag Market Share by Brand (2013/2015)
North American Women’s Handbag Market Share by Brand (2010 2014E)
Number of Retails Doors /Stores in North America (2010 2015E)
Brand wise Retail Productivity in North America (2010 2015E)
Number of Wholesale Doors/Stores in North America (2010 2015E)
Brand wise Wholesale Productivity in North America (2010 2015E)
Coach’s Net Sales Breakdown by Segment (2014)
Coach’s Net Sales and Net Income (2010 2014)
LVMH’s Revenue Breakdown by Segment (2014)
LVMH’s Net Sales and Net Profit (2011 2014)
Burberry’s Revenue Breakdown by Segment (2015)
Burberry’s Revenue Breakdown by Product (2015)
Burberry’s Net Sales and Net Cash (2012 2015)
Kors’ Revenue Breakdown by Segment (2015)
Kors’ Revenue Breakdown by Product (2015)
Kors’ Net Sales and Net Income (2011 2015)
Handbags Market Segments
Value Chain of Handbags Market
Global Premium Handbags and Accessories Market (2011 2017F)
Global Premium Handbags and Accessories Market Value by Region (FY2013/FY2018E)
Global Premium Handbags and Accessories Market Value by Gender (FY2008 FY2018E)
Global Premium Handbags and Accessories Market Share by Region (FY2013/FY2018E)
The US Handbag Market by Revenue (2007 2014)
The US Handbag Market by Volume (2007 2014)
European Handbags Market Value (2013 2018E)
Chinese Handbags Market Value (2010 2018E)
Hong Kong’s Exports of Travel Goods and Handbags (2012 2014)
Honk Kong’s Handbags Exports by Country (2012 2014)
European Market Share in Honk Kong’s Handbags Exports (2012 2014)
Japanese Handbag Market Value (2013 2018E)
South East Asian Handbags Market Value (2013 2018E)
Global Youth Population Segment (1985 2025)
HNWI Wealth Levels and CAGR (2009 2013)
HNWI Population Levels and CAGR (2009 2013)
Weighted Average Brand Awareness by Income (2014)
Rising Global Internet Penetration (2007 2017E)
Y/Y Growth Of Handbag Conversations Online (2013 2015)
Global Working Women Population (2006 2017E)
Global GDP (2005 2013)
Comparative Online Sales Growth and Negative Online Commentary (2015)
Global Market Share by Brand (2010/2014E)
North American Handbag Market Share by Brand (2013/2015)
North American Women’s Handbag Market Share by Brand (2010 2014E)
Number of Retails Doors /Stores in North America (2010 2015E)
Brand wise Retail Productivity in North America (2010 2015E)
Number of Wholesale Doors/Stores in North America (2010 2015E)
Brand wise Wholesale Productivity in North America (2010 2015E)
Coach’s Net Sales Breakdown by Segment (2014)
Coach’s Net Sales and Net Income (2010 2014)
LVMH’s Revenue Breakdown by Segment (2014)
LVMH’s Net Sales and Net Profit (2011 2014)
Burberry’s Revenue Breakdown by Segment (2015)
Burberry’s Revenue Breakdown by Product (2015)
Burberry’s Net Sales and Net Cash (2012 2015)
Kors’ Revenue Breakdown by Segment (2015)
Kors’ Revenue Breakdown by Product (2015)
Kors’ Net Sales and Net Income (2011 2015)
LIST OF TABLES
Stock Performance of Leather over Logo (2010–2013)
Top 10 Most Expensive Luxury Handbag Brands Globally (2015)
Handbags Import Duty in Various Countries (2015)
Stock Performance of Leather over Logo (2010–2013)
Top 10 Most Expensive Luxury Handbag Brands Globally (2015)
Handbags Import Duty in Various Countries (2015)
