Description
About Handbags Market in BRIC
The handbags market in BRIC is witnessing a steady growth and is expected to grow at a steady rate during the forecast period. The demand for handbags is rising in BRIC with the increasing demand for affordable luxury handbags. The arrival of numerous brands and their easy availability through retail stores and online retail channels increased the demand for handbags among consumers in BRIC. The handbags market in BRIC was dominated by the shoulder bags segment, followed by the purses and wallet segment in 2014 in terms volume.
Technavio's analysts forecast the handbags market in BRIC, in terms of revenue and volume, to grow at CAGRs of 7.41% and 7.02%, respectively, over the period 2014-2019.
Covered in this Report
The handbags market in BRIC can be segmented into four: totes, shoulder bags, purses and wallets, satchels and saddles. The shoulder bags was the largest segment in terms of revenue and accounted for approximately 33.77% of the market in 2014.
Technavio's report, the Handbags Market in BRIC 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.
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Key Vendors
Chanel
Christian Dior
Coach
Hermes International
LVMH
Other Prominent Vendors
Adidas
Aldo
Alfred Dunhill
Boconi
Bottega Veneta
Market Driver
Growing economy
For a full, detailed list, view our report
Market Challenge
Competition from local brands and availability of counterfeit products
For a full, detailed list, view our report
Market Trend
Emergence of handbags as a fashion/lifestyle product
For a full, detailed list, view our report
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Table of Content
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Overview of Luggage Market
06. Factors that Affect Global Luggage Market
07. PEST Analysis
08. Distribution Channels in Luggage Industry
09. Introduction
10. Region Profile: BRIC
11. Market Landscape
12. Market Segmentation by Products
13. Market Segmentation by Distribution Channel
14. Buying Criteria
15. Market Growth Drivers
16. Drivers and their Impact
17. Market Challenges
18. Impact of Drivers and Challenges
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