Global Handbag Market Size & Outlook, 2021-2030
Global handbag market, 2017-2030 (US$M)
Related Markets
Global handbag market highlights
- The global handbag market generated a revenue of USD 49,115.0 million in 2021 and is expected to reach USD 81,786.3 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 5.8% by 2030.
- In terms of segment, tote bag accounted for a revenue of USD 20,351.4 million in 2021.
- Satchel is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 49,115.0 million |
| Market revenue in 2030 | USD 81,786.3 million |
| Growth rate | 5.8% (CAGR from 2021 to 2030) |
| Largest segment | Tote bag |
| Fastest growing segment | Satchel |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tote Bag, Clutch, Satchel |
Other key industry trends
- In terms of revenue, the North America accounted for 31.5% of the global handbag market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 2,205.9 million by 2030.
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Handbag Market Scope
Handbag Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global handbag market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to handbag market will help companies and investors design strategic landscapes.
Tote bag was the largest segment with a revenue share of 41.44% in 2021. Horizon Databook has segmented the Global handbag market based on tote bag, clutch, satchel covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Handbag Product Outlook (Revenue, USD Million, 2017-2030)
- Tote Bag
- Clutch
- Satchel
- Others
- Global Handbag Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- Online
- Offline
- Global Handbag Material Outlook (Revenue, USD Million, 2017-2030)
- Leather
- Fabric
- Others
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Target buyers of Global handbag market databook
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Our clientele includes a mix of handbag market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global handbag market , including forecasts for subscribers. This global databook contains high-level insights into Global handbag market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global handbag market size, by regions, 2017-2030 (US$M)
Top 10 countries: Handbag market size, 2021 (US$M)
Global handbag market share, by product, 2021 & 2030 (%, US$M)
Handbag market: Opportunity assessment by country
Global handbag market, by region, 2021 (US$M)
Related regional statistics
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