Satchel and Saddle Bags Market Report by Product Type (Satchel Bags, Saddle Bags), Gender (Male, Female), Material (Leather, Fabric, and Others), Distribution Channel (Departmental Stores, Specialty Stores, Online Stores, Supermarkets and Hypermarkets, Discount Stores, and Others), and Region 2024-2032
The global satchel and saddle bags market size reached US$ 401.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 560.9 Million by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.
Satchels and saddle bags are a type of cloth gear worn over one shoulder with a strap that goes across the chest and a bag which rests on the lower back. They are a highly desirable fashion accessory for both the genders and are available in a variety of sizes, patterns and colors. Nowadays, gender-specific bags for men and women are also finding immense acceptance among consumers of all age groups.
A thriving fashion accessories industry along with increasing working population across the globe is one of the key factors driving the market growth. Furthermore, a substantial rise in the female workforce participation in both developed and emerging economies has also positively impacted the market. Moreover, consumers are now more inclined to spend on premium and luxury handbags or any other accessories to keep up with the ever-changing fashion trends. Apart from this, these bags are gaining rapid preference among consumers for carrying multiple essential items such as laptops, tablets, wallets and food to their workplace. Moreover, product innovations, such as the launch of creative and visually appealing designs along with eco-friendly bags, are also creating a positive outlook for the market. Other factors contributing significantly to the market growth include rapid urbanization and aggressive promotional activities by manufacturers and the development of the online retail services that provide hassle-free shopping experience while displaying a wide range of options to choose from to the consumers.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global satchel and saddle bags market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on product type, gender, material and distribution channel.
Breakup by Product Type:
Satchel Bags
Saddle Bags
Breakup by Gender:
Male
Female
Breakup by Material:
Leather
Fabric
Others
Breakup by Distribution Channel:
Departmental Stores
Specialty Stores
Online Stores
Supermarkets and Hypermarkets
Discount Stores
Others
Breakup by Region:
Asia Pacific
Europe
North America
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Coach, IP Holdings LLC, Chanel, Inc., Burberry Group Plc, Nicole Lee Estore, Etienne Aigner AG, Furla S.p.A., Kate Spade Holdings LLC, Herm?s International Company, Michael Kors Holdings Limited, LVMH Moлt Hennessy – Louis Vuitton SE and Mulberry Group Plc.
IMARC Group’s latest report provides a deep insight into the global satchel and saddle bags market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the satchel and saddle bags market in any manner.
Key Questions Answered in This Report:
How has the global satchel and saddle bags market performed so far and how will it perform in the coming years?
What are the key regional markets in the global satchel and saddle bags industry?
What has been the impact of COVID-19 on the global satchel and saddle bags industry?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the gender?
What is the breakup of the market based on the material?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the global satchel and saddle bags industry?
What are the key driving factors and challenges in the global satchel and saddle bags industry?
What is the structure of the global satchel and saddle bags industry and who are the key players?
What is the degree of competition in the global satchel and saddle bags industry?
Satchels and saddle bags are a type of cloth gear worn over one shoulder with a strap that goes across the chest and a bag which rests on the lower back. They are a highly desirable fashion accessory for both the genders and are available in a variety of sizes, patterns and colors. Nowadays, gender-specific bags for men and women are also finding immense acceptance among consumers of all age groups.
A thriving fashion accessories industry along with increasing working population across the globe is one of the key factors driving the market growth. Furthermore, a substantial rise in the female workforce participation in both developed and emerging economies has also positively impacted the market. Moreover, consumers are now more inclined to spend on premium and luxury handbags or any other accessories to keep up with the ever-changing fashion trends. Apart from this, these bags are gaining rapid preference among consumers for carrying multiple essential items such as laptops, tablets, wallets and food to their workplace. Moreover, product innovations, such as the launch of creative and visually appealing designs along with eco-friendly bags, are also creating a positive outlook for the market. Other factors contributing significantly to the market growth include rapid urbanization and aggressive promotional activities by manufacturers and the development of the online retail services that provide hassle-free shopping experience while displaying a wide range of options to choose from to the consumers.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global satchel and saddle bags market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on product type, gender, material and distribution channel.
Breakup by Product Type:
Satchel Bags
Saddle Bags
Breakup by Gender:
Male
Female
Breakup by Material:
Leather
Fabric
Others
Breakup by Distribution Channel:
Departmental Stores
Specialty Stores
Online Stores
Supermarkets and Hypermarkets
Discount Stores
Others
Breakup by Region:
Asia Pacific
Europe
North America
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Coach, IP Holdings LLC, Chanel, Inc., Burberry Group Plc, Nicole Lee Estore, Etienne Aigner AG, Furla S.p.A., Kate Spade Holdings LLC, Herm?s International Company, Michael Kors Holdings Limited, LVMH Moлt Hennessy – Louis Vuitton SE and Mulberry Group Plc.
IMARC Group’s latest report provides a deep insight into the global satchel and saddle bags market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the satchel and saddle bags market in any manner.
Key Questions Answered in This Report:
How has the global satchel and saddle bags market performed so far and how will it perform in the coming years?
What are the key regional markets in the global satchel and saddle bags industry?
What has been the impact of COVID-19 on the global satchel and saddle bags industry?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the gender?
What is the breakup of the market based on the material?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the global satchel and saddle bags industry?
What are the key driving factors and challenges in the global satchel and saddle bags industry?
What is the structure of the global satchel and saddle bags industry and who are the key players?
What is the degree of competition in the global satchel and saddle bags industry?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL SATCHEL AND SADDLE BAGS MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Gender
5.6 Market Breakup by Material
5.7 Market Breakup by Distribution Channel
5.8 Market Breakup by Region
5.9 Market Forecast
6 MARKET BREAKUP BY PRODUCT TYPE
6.1 Satchel Bags
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Saddle Bags
6.2.1 Market Trends
6.2.2 Market Forecast
7 MARKET BREAKUP BY GENDER
7.1 Male
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Female
7.2.1 Market Trends
7.2.2 Market Forecast
8 MARKET BREAKUP BY MATERIAL
8.1 Leather
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Fabric
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 MARKET BREAKUP BY DISTRIBUTION CHANNEL
9.1 Departmental Stores
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Specialty Stores
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Online Stores
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Supermarkets and Hypermarkets
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Discount Stores
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 MARKET BREAKUP BY REGION
10.1 Asia Pacific
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 North America
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 SWOT ANALYSIS
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 VALUE CHAIN ANALYSIS
13 PORTERS FIVE FORCES ANALYSIS
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 PRICE ANALYSIS
15 COMPETITIVE LANDSCAPE
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Coach
15.3.2 IP Holdings LLC
15.3.3 Chanel, Inc.
15.3.4 Burberry Group Plc
15.3.5 Nicole Lee Estore
15.3.6 Etienne Aigner AG
15.3.7 Furla S.p.A.
15.3.8 Kate Spade Holdings LLC
15.3.9 Herm?s International Company
15.3.10 Michael Kors Holdings Limited
15.3.11 LVMH Moлt Hennessy – Louis Vuitton SE
15.3.12 Mulberry Group Plc.
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL SATCHEL AND SADDLE BAGS MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Gender
5.6 Market Breakup by Material
5.7 Market Breakup by Distribution Channel
5.8 Market Breakup by Region
5.9 Market Forecast
6 MARKET BREAKUP BY PRODUCT TYPE
6.1 Satchel Bags
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Saddle Bags
6.2.1 Market Trends
6.2.2 Market Forecast
7 MARKET BREAKUP BY GENDER
7.1 Male
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Female
7.2.1 Market Trends
7.2.2 Market Forecast
8 MARKET BREAKUP BY MATERIAL
8.1 Leather
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Fabric
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 MARKET BREAKUP BY DISTRIBUTION CHANNEL
9.1 Departmental Stores
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Specialty Stores
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Online Stores
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Supermarkets and Hypermarkets
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Discount Stores
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 MARKET BREAKUP BY REGION
10.1 Asia Pacific
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 North America
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 SWOT ANALYSIS
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 VALUE CHAIN ANALYSIS
13 PORTERS FIVE FORCES ANALYSIS
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 PRICE ANALYSIS
15 COMPETITIVE LANDSCAPE
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Coach
15.3.2 IP Holdings LLC
15.3.3 Chanel, Inc.
15.3.4 Burberry Group Plc
15.3.5 Nicole Lee Estore
15.3.6 Etienne Aigner AG
15.3.7 Furla S.p.A.
15.3.8 Kate Spade Holdings LLC
15.3.9 Herm?s International Company
15.3.10 Michael Kors Holdings Limited
15.3.11 LVMH Moлt Hennessy – Louis Vuitton SE
15.3.12 Mulberry Group Plc.
