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Satchel and Saddle Bags Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

September 2023 | 143 pages | ID: S4E1A184A507EN
IMARC Group

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Market Overview 2023-2028:

The global satchel and saddle bags market size reached US$ 385.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 493.4 Million by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.

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 2023-2028. 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

2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
  2.3.1Primary Sources
  2.3.2Secondary Sources
2.4Market Estimation
  2.4.1Bottom-Up Approach
  2.4.2Top-Down Approach
2.5Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1Overview
4.2Key Industry Trends

5 GLOBAL SATCHEL AND SADDLE BAGS MARKET

5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Breakup by Product Type
5.5Market Breakup by Gender
5.6Market Breakup by Material
5.7Market Breakup by Distribution Channel
5.8Market Breakup by Region
5.9Market Forecast

6 MARKET BREAKUP BY PRODUCT TYPE

6.1Satchel Bags
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2Saddle Bags
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY GENDER

7.1Male
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2Female
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY MATERIAL

8.1Leather
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2Fabric
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3Others
  8.3.1 Market Trends
  8.3.2 Market Forecast

9 MARKET BREAKUP BY DISTRIBUTION CHANNEL

9.1Departmental Stores
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2Specialty Stores
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3Online Stores
  9.3.1 Market Trends
  9.3.2 Market Forecast
9.4Supermarkets and Hypermarkets
  9.4.1 Market Trends
  9.4.2 Market Forecast
9.5Discount Stores
  9.5.1 Market Trends
  9.5.2 Market Forecast
9.6Others
  9.6.1 Market Trends
  9.6.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1Asia Pacific
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2Europe
  10.2.1 Market Trends
  10.2.2 Market Forecast
10.3North America
  10.3.1 Market Trends
  10.3.2 Market Forecast
10.4Middle East and Africa
  10.4.1 Market Trends
  10.4.2 Market Forecast
10.5Latin America
  10.5.1 Market Trends
  10.5.2 Market Forecast

11 SWOT ANALYSIS

11.1Overview
11.2Strengths
11.3Weaknesses
11.4Opportunities
11.5Threats

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1Market Structure
15.2Key Players
15.3Profiles 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.

LIST OF TABLES

Table 1: Global: Satchel and Saddle Bags Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Satchel and Saddle Bags Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Satchel and Saddle Bags Market Forecast: Breakup by Gender (in Million US$), 2023-2028
Table 4: Global: Satchel and Saddle Bags Market Forecast: Breakup by Material (in Million US$), 2023-2028
Table 5: Global: Satchel and Saddle Bags Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 6: Global: Satchel and Saddle Bags Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Satchel and Saddle Bags Market: Competitive Structure
Table 8: Global: Satchel and Saddle Bags Market: Key Players

LIST OF FIGURES

Figure 1: Global: Satchel and Saddle Bags Market: Major Drivers and Challenges
Figure 2: Global: Satchel and Saddle Bags Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Satchel and Saddle Bags Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Satchel and Saddle Bags Market: Breakup by Gender (in %), 2022
Figure 5: Global: Satchel and Saddle Bags Market: Breakup by Material (in %), 2022
Figure 6: Global: Satchel and Saddle Bags Market: Breakup by Distribution Channel (in %), 2022
Figure 7: Global: Satchel and Saddle Bags Market: Breakup by Region (in %), 2022
Figure 8: Global: Satchel and Saddle Bags Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Satchel and Saddle Bags Industry: SWOT Analysis
Figure 10: Global: Satchel and Saddle Bags Industry: Value Chain Analysis
Figure 11: Global: Satchel and Saddle Bags Industry: Porter’s Five Forces Analysis
Figure 12: Global: Satchel and Saddle Bags (Satchel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Satchel and Saddle Bags (Satchel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Satchel and Saddle Bags (Saddle) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Satchel and Saddle Bags (Saddle) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Satchel and Saddle Bags (Male) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Satchel and Saddle Bags (Male) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Satchel and Saddle Bags (Female) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Satchel and Saddle Bags (Female) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Satchel and Saddle Bags (Leather) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Satchel and Saddle Bags (Leather) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Satchel and Saddle Bags (Fabric) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Satchel and Saddle Bags (Fabric) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Satchel and Saddle Bags (Other Material Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Satchel and Saddle Bags (Other Material Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Satchel and Saddle Bags Market: Sales through Departmental Stores (in Million US$), 2017 & 2022
Figure 27: Global: Satchel and Saddle Bags Market Forecast: Sales through Departmental Stores (in Million US$), 2023-2028
Figure 28: Global: Satchel and Saddle Bags Market: Sales through Specialty Stores (in Million US$), 2017 & 2022
Figure 29: Global: Satchel and Saddle Bags Market Forecast: Sales through Specialty Stores (in Million US$), 2023-2028
Figure 30: Global: Satchel and Saddle Bags Market: Sales through Online Stores (in Million US$), 2017 & 2022
Figure 31: Global: Satchel and Saddle Bags Market Forecast: Sales through Online Stores (in Million US$), 2023-2028
Figure 32: Global: Satchel and Saddle Bags Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2017 & 2022
Figure 33: Global: Satchel and Saddle Bags Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2023-2028
Figure 34: Global: Satchel and Saddle Bags Market: Sales through Discount Stores (in Million US$), 2017 & 2022
Figure 35: Global: Satchel and Saddle Bags Market Forecast: Sales through Discount Stores (in Million US$), 2023-2028
Figure 36: Global: Satchel and Saddle Bags Market: Sales through Other Distribution Channels (in Million US$), 2017 & 2022
Figure 37: Global: Satchel and Saddle Bags Market Forecast: Sales through Other Distribution Channels (in Million US$), 2023-2028
Figure 38: Asia Pacific: Satchel and Saddle Bags Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Asia Pacific: Satchel and Saddle Bags Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Europe: Satchel and Saddle Bags Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Europe: Satchel and Saddle Bags Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: North America: Satchel and Saddle Bags Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: North America: Satchel and Saddle Bags Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Middle East and Africa: Satchel and Saddle Bags Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Middle East and Africa: Satchel and Saddle Bags Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Latin America: Satchel and Saddle Bags Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Latin America: Satchel and Saddle Bags Market Forecast: Sales Value (in Million US$), 2023-2028


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