Global Handbag Market Size & Outlook, 2025-2030
Global handbag market, 2018-2030 (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 |
|---|---|---|---|---|
| Tapestry Inc | View profile | 20600 | 10 Hudson Yards, New York, NY, United States, 10001 | https://www.tapestry.com |
| Hermes International SA | View profile | 22067 | 24 rue du Faubourg Saint Honore, Paris, France, 75008 | https://www.hermes.com |
| CHANEL | View profile | 10001+ | Neuilly-sur-seine, Ile-de-France, France, Europe | https://www.chanel.com/us/ |
| Prada SpA | View profile | 14876 | Via Antonio Fogazzaro, 28, Milan, Italy, 20135 | https://www.pradagroup.com |
| Compagnie Financiere Richemont SA Class A | View profile | 37117 | 50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, Switzerland, 1293 | https://www.richemont.com |
| Burberry Group PLC | View profile | 9336 | Horseferry Road, Horseferry House, London, United Kingdom, SW1P 2AW | https://www.burberryplc.com |
| Capri Holdings Ltd | View profile | 15100 | 90 Whitfield Street, 2nd Floor, London, United Kingdom, W1T 4EZ | https://www.capriholdings.com |
| Fossil Group Inc | View profile | 6100 | 901 S. Central Expressway, Richardson, TX, United States, 75080 | https://www.fossilgroup.com |
| Lvmh Moet Hennessy Louis Vuitton SE | View profile | 192346 | 22, Avenue Montaigne, Paris, France, 75008 | https://www.lvmh.com |
| Kering SA | View profile | 49000 | 40 Rue de Sevres, Paris, France, 75007 | https://www.kering.com |
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 2024. Horizon Databook has segmented the Global handbag market based on tote bag, clutch, satchel covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Handbag Product Outlook (Revenue, USD Million, 2018-2030)
- Tote Bag
- Others
- Clutch
- Satchel
- Global Handbag Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Offline
- Online
- Global Handbag Material Outlook (Revenue, USD Million, 2018-2030)
- 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 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global handbag market size, by regions, 2018-2030 (US$M)
Top 10 countries: Handbag market size, 2024 (US$M)
Global handbag market share, by product, 2024 & 2030 (%, US$M)
Handbag market: Opportunity assessment by country
Global handbag market, by region, 2024 (US$M)
Related statistics
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