A luxury bag is a collection of expensive, exquisite work packages, mostly made of genuine leather.
Market Data Analysis:
According to the report, the Luxury Bag global market is valued at approximately USD 38,206 million in 2019 and is expected to generate revenue of around USD 56,543 million by 2026, growing at a CAGR of roughly 5.76% from 2019 and 2026. The growth can be mainly attributed to the growing demand for Luxury Bag on account of the rising population of working women. With the increase of per capita income, disposable income, and living standard, the Luxury Bag market is expected to grow significantly over the forecast period. On the contrary, the Luxury Bag market can be obstructed due to counterfeit products and high import duties.
In 2018, the Luxury Bag global market was mainly concentrated in the three regions of Asia-Pacific, North America, and Europe. North America is the largest market with a share of 36.95%. Europe is currently leading Asia-Pacific with a share of 32.39% and 24.21%. Asia-Pacific is expected to witness high growth in the analysis period, owing to the increasing spending capacities of the people and the changing fashion trends in the region.
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Market Classification:
Global Luxury Bag market: Type segments
l Women
l Men
Global Luxury Bag market: Application segments
l Specialty store
l Online Sales
l Mall
Global Luxury Bag market: regional segments
l North America (United States, Canada, and Mexico)
l Europe (Germany, France, UK, Russia, and Italy)
l Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
l South America (Brazil, Argentina, Columbia)
l The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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To gain insight into the competitive landscape, the report includes an overview of key players in the Luxury Bag market, including LVMH, Chanel International B.V., Hermes, Michael Kors, Kering Holland N.V., Prada Holding B.V., Tapestry, Inc., PVH Corp., Anna Sui, Burberry, Longchamp, etc. These participants have adopted various growth strategies to meet the growing demand for Luxury Bag market and to increase their market share.
Luxury Bag Market Intended Audience:
l Luxury Bag manufacturers
l Luxury Bag importers and exporters
l Luxury Bag traders, distributors, and suppliers
l Raw material suppliers of Luxury Bag
l Luxury Bag industry associations
l Product managers, Luxury Bag industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Luxury Bag Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Luxury Bag Market by Types
4 Segmentation of Luxury Bag Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Luxury Bag Market in Major Countries
7 North America Luxury Bag Landscape Analysis
8 Europe Luxury Bag Landscape Analysis
9 Asia Pacific Luxury Bag Landscape Analysis
10 Latin America, Middle East & Africa Luxury Bag Landscape Analysis
11 Major Players Profile
11.1 LVMH
11.1.1 LVMH Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Chanel International B.V.
11.3 Hermes
11.4 Michael Kors
11.5 Kering Holland N.V.
11.6 Prada Holding B.V.
11.7 Tapestry, Inc.
11.8 PVH Corp.
11.9 Anna Sui
11.10 Burberry
11.11 Longchamp
…
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