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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.
Handbags Market in the APAC 2015-
2019
USA – CANADA – UK – CHINA – INDIA
Market Overview
• 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.
• 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.
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Key Vendors and Regions
• Burberry
• Chanel
• Coach
• Hermès International
• Kate Spade
• LVMH
• Michael Kors
• Mulberry
• Prada
View Our Report: Handbags Market in the APAC 2015-2019
• APAC
Vendors Regions
USA – CANADA – UK – CHINA – INDIA
Key Findings
• The handbags market in APAC is growing steadily and is expected to continue to do so during the forecast period.
• The high demand for handbags, increasing disposable income, and existence of e-commerce are driving the handbags market in the region.
• Many international brands such as Coach, Michael Kors, LVMH, Chanel, D&G, Prada, Gucci, and Christian Dior are highly popular among consumers.
• The rising number of specialist retail stores is also driving the demand for such brands because of their easy availability.
USA – CANADA – UK – CHINA – INDIA
Key Questions Answered in Our 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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Handbags Market in the APAC 2015-2019
148 Pages | SKU: IRTNTR5992
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