Latin America Leather Handbags Market Size & Outlook
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Latin America leather handbags market highlights
- The Latin America leather handbags market generated a revenue of USD 1,093.1 million in 2022.
- The market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
- In terms of segment, tote bag was the largest revenue generating type in 2022.
- Clutch is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1,093.1 million |
| Market revenue in 2030 | USD 1,631.6 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Tote bag |
| Fastest growing segment | Clutch |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tote Bag, Clutch, Satchel |
| Key market players worldwide | Adidas AG, Nike Inc Class B, Puma SE, MillerKnoll Inc, Samsonite International SA, FILA Holdings, New Balance |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.9% of the global leather handbags market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 23,144.6 million by 2030.
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Leather Handbags Market Scope
Leather Handbags Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| FILA Holdings | View profile | 251-500 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.filaholdings.com/en/main/index.asp |
| New Balance | View profile | 5001-10000 | Brighton, East Sussex, United Kingdom, Europe | https://www.newbalance.co.uk |
| MillerKnoll Inc | View profile | 10900 | 855 East Main Avenue, P.O. Box 302, Zeeland, MI, United States, 49464 | https://www.millerknoll.com |
| Puma SE | View profile | 21164 | Puma Way 1, Herzogenaurach, BY, Germany, 91074 | https://www.puma.com |
| Adidas AG | View profile | 59030 | Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 | https://www.adidas-group.com |
| Samsonite International SA | View profile | 12100 | 13-15, Avenue de la Liberte, Luxembourg, Luxembourg, L-1931 | https://corporate.samsonite.com/en/home.html |
| Nike Inc Class B | View profile | 83700 | One Bowerman Drive, Beaverton, OR, United States, 97005-6453 | https://www.nike.com |
Latin America leather handbags 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 leather handbags market will help companies and investors design strategic landscapes.
Tote bag was the largest segment with a revenue share of 25.32% in 2022. Horizon Databook has segmented the Latin America leather handbags market based on tote bag, clutch, satchel covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of leather handbags market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America leather handbags market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America leather handbags market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America leather handbags market size, by country, 2018-2030 (US$M)
Latin America Leather Handbags Market Outlook Share, 2022 & 2030 (US$M)
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