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Global Luxury Bag Sales Market Report 2023
SKU ID : QYR-23312503 | Publishing Date : 27-Mar-2023 | No. of pages : 137
Luxury Bag is pleasant to have but is not necessary. Compared with general bag, the Luxury bag is more expensive. Luxury bag are generally more than a few hundred dollars.
Market Analysis and Insights: Global Luxury Bag Market
Due to the COVID-19 pandemic, the global Luxury Bag market size is estimated to be worth US$ 69430 million in 2022 and is forecast to a readjusted size of US$ 118960 million by 2029 with a CAGR of 7.9% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Tote Bags accounting for % of the Luxury Bag global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While 15-25 Aged segment is altered to an % CAGR throughout this forecast period.
Global Luxury Bag key players include LVMH, Gucci, Hermes, Chanel, Prada, etc. Global top five players hold a share about 75%.
Europe is the largest market, with a share about 45%, followed by North America and Japan, having a total share about 35 percent.
In terms of product, Tote Bags is the largest segment, with a share about 30%. And in terms of application, the largest application is 25-50 Aged, followed by 15-25 Aged, Older than 50, etc.
Global Luxury Bag Scope and Market Size
The global Luxury Bag market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Luxury Bag market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Tote Bags
Clutch Bags
Backpacks
Satchels and Shoulder Bags
Other
Segment by Application
15-25 Aged
25-50 Aged
Older than 50
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Dior
LVMH
Coach
Kering
Prada
Gucci
Michael Kors
Armani
Hermes
Chanel
Richemont
Kate Spade
Burberry
Dunhill
Tory Burch
Goldlion
Market Analysis and Insights: Global Luxury Bag Market
Due to the COVID-19 pandemic, the global Luxury Bag market size is estimated to be worth US$ 69430 million in 2022 and is forecast to a readjusted size of US$ 118960 million by 2029 with a CAGR of 7.9% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Tote Bags accounting for % of the Luxury Bag global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While 15-25 Aged segment is altered to an % CAGR throughout this forecast period.
Global Luxury Bag key players include LVMH, Gucci, Hermes, Chanel, Prada, etc. Global top five players hold a share about 75%.
Europe is the largest market, with a share about 45%, followed by North America and Japan, having a total share about 35 percent.
In terms of product, Tote Bags is the largest segment, with a share about 30%. And in terms of application, the largest application is 25-50 Aged, followed by 15-25 Aged, Older than 50, etc.
Global Luxury Bag Scope and Market Size
The global Luxury Bag market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Luxury Bag market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Tote Bags
Clutch Bags
Backpacks
Satchels and Shoulder Bags
Other
Segment by Application
15-25 Aged
25-50 Aged
Older than 50
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Dior
LVMH
Coach
Kering
Prada
Gucci
Michael Kors
Armani
Hermes
Chanel
Richemont
Kate Spade
Burberry
Dunhill
Tory Burch
Goldlion
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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