Albany, NY -- (SBWIRE) -- 05/19/2015 -- About Handbags Market in BRIC

The handbags market in BRIC is witnessing a steady growth and is expected to grow at a steady rate during the forecast period. The demand for handbags is rising in BRIC 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 consumers in BRIC. The handbags market in BRIC was dominated by the shoulder bags segment, followed by the purses and wallet segment in 2014 in terms volume.

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Technavio's analysts forecast the handbags market in BRIC, in terms of revenue and volume, to grow at CAGRs of 7.41% and 7.02%, respectively, over the period 2014-2019.

Covered in this Report

The handbags market in BRIC can be segmented into four: totes, shoulder bags, purses and wallets, satchels and saddles. The shoulder bags was the largest segment in terms of revenue and accounted for approximately 33.77% of the market in 2014.

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

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Key Vendors

Chanel
Christian Dior
Coach
D&G
Hermes International
LVMH
Michael Kors
Mulberry
Prada
Tory Burch

Other Prominent Vendors

Adidas
Aldo
Alfred Dunhill
Boconi
Bottega Veneta
Buggatti
C & J Clark International
Cambridge British Satchel
Crew Clothing
Donna Karan International (DKNY)
Ferrari
Fossil
French Connection
Goyard
Guess
Gerard Darel
Jerome Dreyfuss
Kenneth Cole Productions
L.Credi
La Petite Mendigote
Lipault Paris
Longchamp
Lulu Guinness
Mandarina Duck
McKlein
New Look Retailers
Nicole Lee
Paul Costelloe
Paul Smith
PUIG
Puma
Ralph Lauren
River Island
Russell & Bromley
Smythson
STEP ONE (Handbags)
TLG Brands
Vanessa Bruno
VF

Market Driver

Growing economy
For a full, detailed list, view our report

Market Challenge

Competition from local brands and availability of counterfeit products
For a full, detailed list, view our report

Market Trend

Emergence of handbags as a fashion/lifestyle product
For a full, detailed list, view our report

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?

Table Of Content

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings

04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology

05. Overview of Luggage Market
05.1 About Luggage
05.2 Types of Luggage
05.2.1 Handbags Segment
05.2.2 Travel Bags Segment
05.2.3 Business Bags Segment

06. Factors that Affect Global Luggage Market
06.1 Global Economic Indicators
06.2 Travel and Tourism Industry
06.3 E-commerce

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