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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 | Dec 2013

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
$96bn
Annual Growth 08-13
2.2%
Annual Growth 13-18
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Profit
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Employment ('000)
1,659
Businesses
60,489
Industry Analysis & Industry Trends

International trade has been a key feature of the industry over the past five years, while fashion trends and changes in general economic conditions have also affected industry revenue. This is because demand for the Global Handbag and Purse Manufacturing industry weakened over 2008 and 2009, as consumers in recession-hit countries postponed nonessential spending. However, demand for higher priced luxury products increased in countries such as China. Consequently, over the next five years, demand for handbags and accessories is expected to grow as conditions in the global economy strengthen, disposable incomes grow and consumer sentiment recovers... read more

Industry Products

Women's handbags and purses, made from leather and other materials, form the largest product segment in the industry. Handbags are typically large bags carried on the shoulder or in hand, created to accommodate a large amount of contents. Purses, on the other hand, are typically smaller and designed to carry coins and similar items; they often fit inside handbags. This category also includes clutches, which are handbags without straps, designed to be carried by hand. IBISWorld estimates this segment's share of industry revenue has increased over the period.

This segment's share of revenue has increased over the past five years as demand for luxury handbags increased globally, partly due to strong demand from developing nations such as, China and India... 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
Handbags, purses and clutchesLuxury handbagsHeadwearGloves and mittensMen's neckwearOther accessoriesBelts
 
Industry Activities
Manufacturing handbagsManufacturing apparel and clothing accessories from leather or a 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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