So clutch: Rising disposable incomes and consumer sentiment will smooth revenue over

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...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22
Market Share of Companies
There are no companies with a dominant market share in this industry

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 Report - Industry Analysis Chapter

    Offshoring has been a longstanding trend in the Global Handbag and Purse Manufacturing industry, whereby companies in developed economies locate their production operations in developing economies and emerging markets to benefit from lower production costs. As a result, manufacturers of less expensive industry products are primarily located in Asia, particularly China. In contrast, designers, large wholesalers and multinational retailers are mostly located in Europe, the United States and highly developed regions of Asia, such as Hong Kong and Japan. Consequently, international trade has been a key feature of the industry over the past five years. At ...purchase to read more.

    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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    What's in this report

    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

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

  • Current Performance
    Downstream demandShifting global activityProfit and participation
  • Chart: Revenue Growth

  • Industry Outlook
    Rising demandIndustry 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

  • 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
    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
    There are no major players in this industry. This report includes analysis of other companies.
    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
    Table: Industry Data for the Global Handbag & Purse Manufacturing Industry
  • 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
  • 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.
  • What Our Customers Say

    Why buy this report?

    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.

    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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