Albany, NY -- (SBWIRE) -- 04/18/2016 -- The handbags market in Japan is witnessing steady growth and is expected to grow at a steady rate during the forecast period. The demand for handbags is rising in Japan with the increasing demand for affordable luxury handbags. The arrival of numerous brands and their easy availability through retail stores and online retail channels increased the demand for handbags among the consumers in Japan. The handbags market in Japan was dominated by the purses and wallet segment in 2014, followed by the totes segment, in terms volume and revenue, respectively.

The handbags market in Japan, in terms of revenue and volume, to grow at CAGRs of 3.36 percent and 3.01 percent, respectively, over the period 2014-2019. The handbags market in Japan can be segmented into four: totes, shoulder bags, purses and wallets, and satchels and saddles. The totes was the largest segment in terms of revenue, accounted for approximately 30 percent of the market in 2014.

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Technavio's report, the handbags market in Japan 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the handbags market in Japan and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
- ART - BERG
- Chanel
- Christian Dior
- Coach
- D&G
- Hermes International
- INNOYA
- ISSEY MIYAKE
- JEWELNA ROSE
- Kate Spade
- KENJIIKEDA
- LVMH
- Michael Kors
- MUGUET
- Mulberry
- Nagatani
- Prada
- SAN HIDEAKI MIHARA
- STYTLE CRAFTS

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Key questions answered in this report:
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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