The Global handbags market is driven by increasing economic prosperity uniformly across the regions.

Date: 18 January 2016

The report titled “Global Handbags Market: Trends, Opportunities and Forecasts (2015-2020)- (Value, By Region, By Country, By Type (Men, Women), By Price (Ultra-Premium, Premium, Ordinary), Key Players” published recently by Azoth Analytics suggests that the market on the global front grew at a CAGR of 13.54% in the period 2010-2014 while it is anticipated to grow at a CAGR 8% in the period 2015-2020. 

Women’s handbags hold larger market share in all the regions, while the growth of Men’s Handbags is fast catching up to increase the market share. The growth in North America and Europe is expected to remain stagnant for a while and the Asia-Pacific markets are fast expanding. 

The report contains in-depth research and analysis of major growth drivers, emerging trends as well as potential threats and challenges to the industry. A thorough statistical analysis was carried out for providing reliable and accurate information about the size of the market, regional shares as well as shares of segments of handbags. The report also explains the business strategies of key global players in the industry. A high-quality business intelligence report, “Global Handbags Market: Trends, Opportunities and Forecasts (2015-2020F)” intends to provide adequate information to investors for sound decision making.