The Leather Handbags Market worth is ready to develop by USD 8.28 billion, progressing at a CAGR of 5% from 2020 to 2025, as per the newest report by Technavio. Moreover, the market is segmented by distribution channel (offline and on-line) and geography (APAC, Europe, North America, South America, and MEA).
Leather Handbags Market Scope
Report Coverage
Details
Page quantity
120
Base 12 months
2020
Forecast interval
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 5%
Market development 2021-2025
$ 8.28 billion
Market construction
Fragmented
YoY development (%)
4.01
Regional evaluation
APAC, Europe, North America, South America, and MEA
Performing market contribution
APAC at 37%
Key shopper international locations
US, China, Germany, UK, and France
Competitive panorama
Leading corporations, aggressive methods, shopper engagement scope
Companies profiled
Burberry Group Plc, Capri Holdings Ltd., Guess? Inc., H & M Hennes & Mauritz AB, Hermès International, Kering SA, LVMH Moet Hennessy – Louis Vuitton, PRADA Group, PVH Corp., and Tapestry Inc.
Market Dynamics
Parent market evaluation, Market development inducers and obstacles, Fast-growing and sluggish-rising phase evaluation, COVID 19 influence and future shopper dynamics, market situation evaluation for forecast interval.
Customization preview
If our report has not included the info that you’re on the lookout for, you’ll be able to attain out to our analysts and get segments custom-made.
Key Market Dynamics:
Major Challenge:
Rising labor price and fluctuating uncooked materials costs is without doubt one of the key challenges hindering the leather-based purses market development. Fluctuating uncooked materials costs is a problem for producers globally. Leather manufacturing contains a number of steps reminiscent of procurement, processing, and tanning or synthesizing. Several authorities rules are relevant, and numerous chemical substances are utilized in manufacturing, which additional will increase the value of leather-based as a uncooked materials. The manufacturing services of varied worldwide manufacturers, reminiscent of PRADA, COACH, Giorgio Armani, Burberry, Mulberry, and DOLCE&GABBANA, are positioned in Asian international locations, reminiscent of China, Indonesia, Bangladesh, and Vietnam, the place the labor prices have grown quickly during the last decade. The enhance in manufacturing price lowers the revenue margins of distributors and proves to be a problem for them within the world leather-based purses market. To overcome this case, distributors are adopting and investing in new applied sciences and progressive collaborations and automating the manufacturing course of.
Uncover & Unlock new data & methods to benefit from future development alternatives. View Sample ReportAmong the Major Companies Talked aboutThe report analyzes the market’s aggressive panorama and gives data on a number of market distributors, together with:
Burberry Group Plc
Capri Holdings Ltd.
Guess? Inc.
H & M Hennes & Mauritz AB
Hermès International
Kering SA
LVMH Moet Hennessy – Louis Vuitton
PRADA Group
PVH Corp.
Tapestry Inc.
The leather-based purses market is fragmented and the distributors are deploying development methods reminiscent of product launches and the growing funding in advertising methods to compete out there.To acquire entry to extra vendor profiles with their key choices accessible with Technavio – Download Sample Report
Related Reports:
Tote Bags Market by Distribution Channel, and Geography – Forecast and Analysis 2022-2026: The predicted development for the tote luggage market share from 2021 to 2026 is USD 7.47 billion at a progressing CAGR of 6.37%. Find More Exclusive Research Insights HereHandbags Market in India by Product and Distribution Channel – Forecast and Analysis 2022-2026: The purses market share in India is anticipated to enhance by USD 207.51 million from 2021 to 2026, and the market’s development momentum will speed up at a CAGR of 4.90%. Find More Exclusive Research Insights Here
Key Topics Covered:
1 Executive Summary2 Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market traits
2.2 Value chain evaluation
Exhibit 03: Value chain evaluation: Apparel, equipment, and luxurious items market
3 Market Sizing
3.1 Market definition
Exhibit 04: Offerings of distributors included out there definition
3.2 Market phase evaluation
Exhibit 05: Market segments
3.4 Market outlook: Forecast for 2020 – 2025
Exhibit 06: Global – Market dimension and forecast 2020 – 2025 ($ million)
Exhibit 07: Global market: Year-over-12 months development 2020 – 2025 (%)
4 Five Forces Analysis
4.1 Five forces abstract
Exhibit 08: Five forces evaluation 2020 & 2025
4.2 Bargaining energy of patrons
Exhibit 09: Bargaining energy of patrons
4.3 Bargaining energy of suppliers
Exhibit 10: Bargaining energy of suppliers
4.4 Threat of latest entrants
Exhibit 11: Threat of latest entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market situation
Exhibit 14: Market situation – Five forces 2020
5 Market Segmentation by Distribution channel
5.1 Market segments
Exhibit 15: Distribution channel – Market share 2020-2025 (%)
5.2 Comparison by Distribution channel
Exhibit 16: Comparison by Distribution channel
5.3 Offline – Market dimension and forecast 2020-2025
Exhibit 17: Offline – Market dimension and forecast 2020-2025 ($ million)
Exhibit 18: Offline – Year-over-12 months development 2020-2025 (%)
5.4 Online – Market dimension and forecast 2020-2025
Exhibit 19: Online – Market dimension and forecast 2020-2025 ($ million)
Exhibit 20: Online – Year-over-12 months development 2020-2025 (%)
5.5 Market alternative by Distribution channel
Exhibit 21: Market alternative by Distribution channel
6 Customer panorama
6.1 Customer panorama
Exhibit 22: Customer panorama
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 23: Market share by geography 2020-2025 (%)
7.2 Geographic comparability
Exhibit 24: Geographic comparability
7.3 APAC – Market dimension and forecast 2020-2025
Exhibit 25: APAC – Market dimension and forecast 2020-2025 ($ million)
Exhibit 26: APAC – Year-over-12 months development 2020-2025 (%)
7.4 Europe – Market dimension and forecast 2020-2025
Exhibit 27: Europe – Market dimension and forecast 2020-2025 ($ million)
Exhibit 28: Europe – Year-over-12 months development 2020-2025 (%)
7.5 North America – Market dimension and forecast 2020-2025
Exhibit 29: North America – Market dimension and forecast 2020-2025 ($ million)
Exhibit 30: North America – Year-over-12 months development 2020-2025 (%)
7.6 South America – Market dimension and forecast 2020-2025
Exhibit 31: South America – Market dimension and forecast 2020-2025 ($ million)
Exhibit 32: South America – Year-over-12 months development 2020-2025 (%)
7.7 MEA – Market dimension and forecast 2020-2025
Exhibit 33: MEA – Market dimension and forecast 2020-2025 ($ million)
Exhibit 34: MEA – Year-over-12 months development 2020-2025 (%)
7.8 Key main international locations
Exhibit 35: Key main international locations
7.9 Market alternative by geography
Exhibit 36: Market alternative by geography ($ million)
8 Drivers, Challenges, and Trends
8.2 Market challenges
Exhibit 37: Impact of drivers and challenges
9 Vendor Landscape
9.2 Vendor panorama
Exhibit 38: Vendor panorama
9.3 Landscape disruption
Exhibit 39: Landscape disruption
Exhibit 40: Industry dangers
10 Vendor Analysis
10.1 Vendors coated
Exhibit 41: Vendors coated
10.2 Market positioning of distributors
Exhibit 42: Market positioning of distributors
10.3 Burberry Group Plc
Exhibit 43: Burberry Group Plc – Overview
Exhibit 44: Burberry Group Plc – Business segments
Exhibit 45: Burberry Group Plc – Key choices
Exhibit 46: Burberry Group Plc – Segment focus
10.6 H
Exhibit 52: Guess? Inc. – Overview
Exhibit 53: Guess? Inc. – Business segments
Exhibit 54: Guess? Inc. – Key choices
Exhibit 55: Guess? Inc. – Segment focus
10.7 Hermès International
Exhibit 60: Hermès International – Overview
Exhibit 61: Hermès International – Business segments
Exhibit 62: Hermès International – Key information
Exhibit 63: Hermès International – Key choices
Exhibit 64: Hermès International – Segment focus
10.8 Kering SA
Exhibit 65: Kering SA – Overview
Exhibit 66: Kering SA – Business segments
Exhibit 67: Kering SA – Key information
Exhibit 68: Kering SA – Key choices
Exhibit 69: Kering SA – Segment focus
10.9 LVMH Moet Hennessy – Louis Vuitton
Exhibit 70: LVMH Moet Hennessy – Louis Vuitton – Overview
Exhibit 71: LVMH Moet Hennessy – Louis Vuitton – Business segments
Exhibit 72: LVMH Moet Hennessy – Louis Vuitton – Key information
Exhibit 73: LVMH Moet Hennessy – Louis Vuitton – Key choices
Exhibit 74: LVMH Moet Hennessy – Louis Vuitton – Segment focus
10.10 PRADA Group
Exhibit 75: PRADA Group – Overview
Exhibit 76: PRADA Group – Business segments
Exhibit 77: PRADA Group – Key information
Exhibit 78: PRADA Group – Key choices
10.11 PVH Corp.
Exhibit 79: PVH Corp. – Overview
Exhibit 80: PVH Corp. – Business segments
Exhibit 81: PVH Corp. – Key information
Exhibit 82: PVH Corp. – Key choices
Exhibit 83: PVH Corp. – Segment focus
10.12 Tapestry Inc.
Exhibit 84: Tapestry Inc. – Overview
Exhibit 85: Tapestry Inc. – Business segments
Exhibit 86: Tapestry Inc. – Key information
Exhibit 87: Tapestry Inc. – Key choices
Exhibit 88: Tapestry Inc. – Segment focus
11 Appendix
11.2 Currency conversion charges for US$
Exhibit 89: Currency conversion charges for US$
11.3 Research methodology
Exhibit 90: Research Methodology
Exhibit 91: Validation strategies employed for market sizing
Exhibit 92: Information sources
11.4 List of abbreviations
Exhibit 93: List of abbreviations
About Us
Technavio is a number one world know-how analysis and advisory firm. Their analysis and evaluation focuses on rising market developments and supplies actionable insights to assist companies determine market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising consumer base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to determine alternatives in present and potential markets and assess their aggressive positions inside altering market situations.ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[email protected]Website: www.technavio.com/SOURCE Technavio
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