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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 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
$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 Key Buyers

Concentration in the Global Handbag and Purse Manufacturing industry increased slightly in recent years due to mergers and consolidation among industry participants. Concentration is also expected to increase slightly in future years as this trend continues in a saturated and mature industry.

The industry is highly fragmented. No single company is expected to make up more than 1.0% of revenue in 2013. The very high labor intensity of most of the industry's production lends itself toward many small operations. While large-scale manufactures operate in China and Europe, newly industrialized countries also have a large number of small businesses that manufacture apparel accessories and handbags... 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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