handbags market in europe 2015-2019
TRANSCRIPT
Covered in this Report
• The handbags market in Europe can be segmentedinto four: shoulder bags, totes, purses and wallets,satchels and saddles.
• The shoulder bags was the largest segment in termsof revenue and accounted for 31.30 percent share ofthe market in 2014.
• Technavio's report, the Handbags Market in Europe2015-2019, has been prepared based on an in-depthmarket analysis with inputs from industry experts.
• It covers the landscape of the handbags market inEurope and its growth prospects in the coming years.
• The report includes a discussion of the key vendorsoperating in this market.
Handbags Market in Europe 2015-2019
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Market Overview
• The handbags market in Europe is expected towitness steady year-on-year growth.
• The market is driven by recovering economy,increase in disposable income as well as per-capitaconsumption of consumers on handbags, growingoccasions of using variety of handbags, and thehigh demand for esthetically appealing handbagsby consumers.
• Technavio's analysts forecast the handbagsmarket in Europe, in terms of revenue andvolume, to grow at a CAGR of 3.62% and 3.18%,respectively, over the period 2014-2019.
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Key Vendors and Regions
• Burberry Group
• Chanel
• Coach
• Guccio Gucci
• Hermès International
• Longchamp
• LVMH Moët Hennessy
• Michael Kors
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• Europe
Vendors Regions
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Key Findings
• E-commerce and online retailing is emerging as one of the fastest growingtrends in Europe because of the growing Internet penetration and increase innumber of online shoppers.
• In recent years, demand for men's handbags, especially crossbody bags,messenger bags, and wallets, has been on the rise worldwide.
• The concept of the ‘man bag’ or ‘man purse’ has created mass appeal amongconsumers.
• The shortage of animal skins for the manufacture of leather goods has forcedvendors to look at alternatives.
• Crocodile skin is the most sought after skin in the market, and products madewith it tend to be very expensive.
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Key Questions Answered in Our Report
• What will the market size be in 2019 and what will thegrowth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats facedby the key vendors?
• What are the strengths and weaknesses of the keyvendors?
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Handbags Market in Europe 2015-2019
177 Pages | SKU: IRTNTR5831
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