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Global Research On: Handbags Market Report - 2013: Now at MarketResearchReports.Biz

MarketResearchReports.Biz announces addition of new report “Global Handbags Market Report - 2013” to its database

 
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Albany, NY -- (SBWIRE) -- 01/28/2014 -- Premium handbags and accessories is one of the fastest growing segments in the overall luxury market. After declining in 2009 due to economic slowdown, the market grew in 2012 compared to previous year. This growth is being driven by rise in disposable income, expanding middle class, growing preference for branded products and rising number of wealthy consumers worldwide. Moreover, the handbag market encompasses dynamic players and an expanding consumer base, which is expected to flourish due to increasing demand from emerging markets and strong performances by the international luxury brands. Countries like China and India with rising high net worth individuals (HNWIs) and high purchasing power among working women will boost the market growth in future years. New channels like E-Commerce or online shopping have become popular mainly driven by consumers looking for good bargains. Categories such as top-handle bags, totes and cross-body bags remained popular.

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The market for high-end luxury handbags is highly competitive. Coach Inc is the market leader in the US luxury handbag market. Other major players include, Michael Kors, Burberry, Prada, Louis Vuitton, Gucci, Hermes and Chanel. Most of the companies are responding to the growing competition by developing high profile product launches, stimulating purchases through strong promotions and investing in remodeled stores and shop-in-shops at department stores.

Table of Contents

1. Handbags: An Overview
1.1 Introduction
1.2 Segmentation
1.3 Handbags-Value Chain

2. Global Handbags Market
2.1 Luxury Handbags Market Size
Premium Handbags & Accessories Market
Major Countries-Comparative Index
2.2 Trade Statistics
Imports by Region
Exports by Region
3. The US Handbags Market
3.1 Women Accessories Market
3.2 Women Handbags Market
3.2.1 Retail Sales by Volume and Value
3.2.2 Mode of Distribution

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4. Asia Pacific Handbags Market
Luxury Handbags Market Value
Luxury Handbags – Regional Share
5. Market Trends
5.1 Aggressive Presence on Social Media and Fashion Shows
5.2 Demand for Small and Medium Silhouette Handbags and Cross Bodies
5.3 Brand Strengthening Efforts by Companies
5.4 Insurance of Handbags

6. Market Drivers
6.1 Rising Population of HNIs
6.2 Improvement in Global Economic Growth
6.3 Rise in Online Sales

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7. Challenges
7.1 High Import Duty on Premium Handbags
7.2 Risk of Counterfeiting

8. Competitive Landscape
Competitive Overview
Comparison of Key Players
9. Company Profiles
9.1 Coach Inc.
9.1.1 Business Description
9.1.2 Financial Overview
9.1.3 Business Strategies

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