Overview

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 in this industry
Industry Statistics & Market Size
Revenue
$151bn
Annual Growth
2012 - 2017
3.2%
Annual Growth
2017 - 2022
Profit
Employment ('000)
1,894
Business
166,536

Industry Threats & Opportunities

  • Demand for handbags and accessories will grow as the global economy strengthens
  • As the world economy strengthens, demand for the industry's products will increase
  • 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 consumer confidence has increased. In the coming years, demand for handbags and accessories will grow as conditions in the global economy strengthen, especially in Western Europe and North America. As growing disposable incomes translate into higher consumer sentiment, individuals will likely make purchases that were postponed, driving industry revenue...

    Industry Investment

    The Global Handbag and Purse Manufacturing industry is characterized by a low level of capital intensity, and the typical industry operator is expected to spend just $0.12 on capital investments for every $1.00 spent on labor inputs in 2017. Over the past five years, industry capital intensity has increased as operators have managed to automate some processes that rely on manual labor, such as cutting, sewing and the finishing of products. However, while the degree of automation in this industry has increased in recent years, some steps in the production process are difficult to automate. Moreover, automation occurs primarily in relatively developed countries, where labor is more expensive. Add..

    Additional Insights for the Global Handbag & Purse Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Global Handbag & Purse Manufacturing Industry are

  • Establishment of brand names
  • Access to niche markets
  • Economies of scope
  • IBISWorld analysts also discuss how external factors such as Global consumer spending and GDP of the BRIC nations in the Global Handbag & Purse Manufacturing industry impact industry performance..

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    Industry Products

    What is the Global Handbag & Purse Manufacturing Industry?

    Industry operators manufacture handbags and handbag accessories, such as purses, wallets, tassels and other articles typically carried in a pocket or handbag. The industry also includes operators that produce luggage and other travel bags, as well as a variety of smaller-sized leather containers.

    Industry Products
    Handbags
    Handbag accessories
    Trunks and suitcases
    Containers and cases
    Industry Activities
    Manufacturing handbags
    Manufacturing apparel and clothing accessories from leather or composition leather
    Manufacturing knitted or crocheted gloves, mittens and mitts
    Manufacturing headgear and accessories
    Manufacturing apparel and clothing accessories from plastics or vulcanized rubber

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Global consumer spending
  • GDP of the BRIC nations
  • Global per capita income
  • World price of cotton

  • Current Performance
  • Downstream demand
  • Shifting global activity
  • Profit and participation
  • Chart: Revenue Growth

  • Industry Outlook
  • Rising demand
  • Industry structure
  • Table: Global Handbag & Purse Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Global Handbag & Purse Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Global Wholesale and Retail Trade
  • Global Wholesale Trade
  • Global Department Stores and General Merchandise Stores

  • Key Selling Industries
  • Global Agriculture, Hunting, Forestry and Fishing
  • Global Resin and Synthetic Rubber Manufacturing

  • Products & Services
  • Handbags
  • Containers and cases
  • Trunks and suitcases
  • Handbag accessories
  • Chart: Global Handbag & Purse Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Macroeconomic variables
  • Industry-specific variables

  • Major Markets
  • Export market
  • Domestic market: highest income quintile
  • Domestic market: fourth-lowest income quintile
  • Domestic market: third-lowest income quintile
  • Domestic market: second-lowest income quintile
  • Domestic market: lowest income quintile
  • Chart: Major Market Segmentation for the Global Handbag & Purse Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Global Handbag & Purse Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Global Handbag & Purse Manufacturing Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Global Handbag & Purse Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Global Handbag & Purse Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Global per capita income (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Offshoring
  • The shift in manufacturing activities to overseas locations.
  • Outsourcing
  • The process whereby a company sources products from a third party.
  • Tariff
  • A tax on imports.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Global Handbag & Purse Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Global Handbag & Purse Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Global Handbag & Purse Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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