Home > Consumer Goods & Services > Apparel, Footwear and Accessories > Fashion Accessories > Luxury Handbags Market

Luxury Handbags Market Share

Report ID: GMI6279
Published Date: Jul 2023
Report Format: PDF

Download Free Sample

Luxury Handbags Market Share

Major companies operating in the luxury handbags market include:

Burberry Group PLC
Chanel S.A.
Coach Inc. (now known as Tapestry, Inc.),
Dolce & Gabbana S.R.L.
Giorgio Armani S.p.A.
Guccio Gucci S.p.A.
Hermès International S.A
Lacoste
Louis Vuitton
Marc Jacobs International LLC
Michael Kors
Prada S.p.A.
Ralph Lauren Corporation
Tory Burch LLC
Valentino S.p.A.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of luxury handbags was valued at USD 22.8 billion in 2022 and is estimated to register a CAGR of over 6% between 2023 and 2032, backed by the growing working women population across the globe.

The leather segment reached USD 8.5 billion in 2022 and will continue to grow due to the enduring appeal and timeless elegance of leather products.

Europe luxury handbags market held around 35% of the revenue share in 2022, attribute to the culture that appreciates craftsmanship, attention to detail, and the artistry of luxury brands, along with the booming tourism.

Dolce & Gabbana S.R.L., Giorgio Armani S.p.A., Guccio Gucci S.p.A., Hermès International S.A., Lacoste, Louis Vuitton, Marc Jacobs International, LLC, Michael Kors, Prada S.p.A., Ralph Lauren Corporation, Tory Burch LLC, and Valentino S.p.A.