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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 | Aug 2014

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 identifies the leading companies globally and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Forecast
Revenue
$101bn
Annual Growth 09-14
2.7%
Annual Growth 14-19
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Profit
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Employment ('000)
1,711
Businesses
61,178
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. Demand for the Global Handbag and Purse Manufacturing industry weakened during the recession, as consumers in countries affected y the economic downturn postponed nonessential spending. However, demand for higher priced luxury products increased in countries such as China. Consequently, over the five years to 2019, 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 SWOT Analysis

The industry's life cycle stage differs across continents. The industry is growing rapidly in newly industrialized nations like China and Vietnam and declining in the developed economies, where outsourcing is prevalent. Many companies in the United States have ceased local manufacturing, and instead source products from countries with lower production costs. This practice has led to rapid declines in industry revenue in North America over the past five years. The industry is mature in parts of Europe, as nations such as Italy and France benefit from rising high-end demand from newly industrialized nations. Handbags and clothing accessories manufactured in Europe are well known for their luxury status; European products often serve as a symbol of status across the world... 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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