Leather Handbags Market 2019-2023 | Product Premiumization to Boost Growth | Technavio

Technavio has been monitoring the leather handbags market and it is poised to grow by USD 11.1 billion during 2019-2023, progressing at a CAGR of about 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Leather Handbags Market 2019-2023 (Graphic: Business Wire)

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Hermès, Kering, LVMH, PRADA, and Tapestry are some of the major market participants. Product premiumization will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Product premiumization has been instrumental in driving the growth of the market.

Leather Handbags Market 2019-2023: Segmentation

Leather Handbags Market is segmented as below:

• Distribution channel
  • Offline
  • Online
• Geographic Landscape
  • The Americas
  • APAC
  • EMEA

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Leather Handbags Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our leather handbags market report covers the following areas:

• Leather Handbags Market Size
• Leather Handbags Market Trends
• Leather Handbags Market Industry Analysis

This study identifies adoption of omnichannel retailing as one of the prime reasons driving the leather handbags market growth during the next few years.

Leather Handbags Market 2019-2023: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Leather Handbags Market, including some of the vendors such as Hermès, Kering, LVMH, PRADA, and Tapestry. Backed with competitive intelligence and benchmarking, our research reports on the Leather Handbags Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Leather Handbags Market 2019-2023: Key Highlights

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will assist leather handbags market growth during the next five years
• Estimation of the leather handbags market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the leather handbags market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of leather handbags market vendors

Table Of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

• Market segmentation by distribution channel
• Comparison by distribution channel
• Offline - Market size and forecast 2018-2023
• Online - Market size and forecast 2018-2023
• Market opportunity by distribution channel

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• Americas - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• EMEA - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 10: MARKET TRENDS

• Adoption of omnichannel retailing
• Growing preference for affordable luxury leather handbags
• Increasing demand for eco or organic leather and biofabricated leather

PART 11: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 12: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Hermès
• Kering
• LVMH
• PRADA
• Tapestry

PART 13: APPENDIX

• Research methodology
• List of abbreviations

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200402005263/en/