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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 2015

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 offers insightful industry analysis and research into the market at an international level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 resumed spending they delayed during the recession. Additionally, international trade has been a key feature of the industry, as companies that operate in developed economies such as the United States and United Kingdom outsource industry products from emerging economies, such as China, to reduce costs. Over the next five years, the global economic recovery will continue to boost industry demand... 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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