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Global Handbag & Purse Manufacturing: Market Research Report

Global Market Research • Global Market Size • Industry Statistics • Industry Analysis • Industry Trends

Global Handbag & Purse Manufacturing Market Research Report | Jan 2016

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Handbag & Purse Manufacturing global market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report focuses on industry performance in key regions around the world and identifies the leading companies globally.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Forecast
Revenue
$106bn
Annual Growth 10-15
2.2%
Annual Growth 15-20
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Profit
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Employment ('000)
1,789
Businesses
62,167
Industry Analysis & Industry Trends

Demand for the Global Handbag and Purse Manufacturing industry has resurged over the past five years, as global economic conditions have improved and consumers have begun spending what they delayed during the recession. In the coming years, demand for handbags and accessories will grow as conditions in the global economy, especially in Western Europe and North America, strengthen. As growing disposable incomes translate into higher consumer sentiment, individuals will likely make purchases that were postponed during the period of economic hardship following the recession... read more

Industry Investment

The typical operator in the Global Handbag and Purse Manufacturing industry incurs moderate capital costs. In 2015, the industry's capital expenses will amount to $0.22 for every dollar spent on labor. Over the past five years, industry capital intensity has increased significantly as operators have managed to automate more processes. Many of the industry's production activities require human intervention, such as cutting, sewing and the finishing of products. Although automation has increased, some steps in the production process are difficult to automate. Moreover, automation occurs in more developed countries... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global Handbag & Purse Manufacturing Industry?

Industry operators manufacture handbags, purses, wallets and other articles (apart from jewelry and watches) typically carried in a pocket or handbag. The industry also comprises establishments that produce apparel and clothing accessories made from textiles and other fabrics (other than those for babies) and headgear of all materials.

Industry Products
HeadwearGloves and mittensMen's neckwearBeltsToteClutchSaddleOther handbags
 
Industry Activities
Manufacturing handbagsManufacturing apparel and clothing accessories from leather or composition leatherManufacturing knitted or crocheted gloves, mittens and mittsManufacturing headgear and accessoriesManufacturing apparel and clothing accessories from plastics or vulcanized rubberManufacturing pantyhose, tights, stockings, socks and other hosiery


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