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Luxury Handbags Market Share

Report ID: GMI6279 Published Date: July 2023Report Format: PDF
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Summary
Table of Content

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.
Author: Avinash Singh, Sunita Singh
Frequently Asked Question(FAQ) :

How will leather material bolster the demand for luxury handbags?+

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.

Who are the main players in luxury handbags industry?+

Dolce & Gabbana S.R.L., Giorgio Armani S.p.A., Guccio Gucci S.p.A., Herm

What are the factors driving the demand for luxury handbags in Europe?+

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.

How big is the global luxury handbags market?+

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.

Luxury Handbags Market Scope

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