handbags market in the americas 2015-2019
TRANSCRIPT
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Handbags Market in the Americas 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Handbags Market in the Americas 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “The utility feature of handbags is no longer the only key buying criterion for customers. Over the past few years, handbags have become extremely popular in the lifestyle and fashion segments of the market. Consumers are associating handbags with their social status. ”
• The handbags market in the Americas is witnessing a steady growth and is expected to continue its growth at a steady rate during the forecast period. The demand for handbags is rising in the Americas, with the growing demand for affordable luxury handbags. The arrival of numerous brands and their easy availability through retail stores and online retail channels increased the demand for handbags among consumers in the Americas.
• Technavio's analysts forecast the handbags market in the Americas, in terms of revenue and volume, to grow at a CAGR of 4.74% and 3.87%, respectively, over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Handbags Market in the Americas 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our
report:
Handbags Market in the Americas 2015-2019
Arezzo&Co
Burberry
Chanel
Arezzo&Co was established in 1972 and is headquartered in Belo Horizonte, Brazil. The company manufactures fashion accessories and luxury goods. It offers a variety of ladies’ footwear, handbags, and other accessories. The company sells more than 10 million pairs of shoes per year.
The company operates through three segments: coating solutions, industrial specialties, and high performance materials. The coating solutions segment deals in acrylics, photocure resins, and coating resins.
Chanel was founded in 1909 and is headquartered in Neuilly-sur-Seine, France. It is a retail company that offers fashion accessories such as fashion wear, fragrances, beauty care and skincare products, apparels, fine jewelry, watches, leather goods, shoes, and accessories.
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Market Landscape
• Handbags have become the most desirable fashion accessory after shoes and are now seen as status symbols.
• Consequently, demand for luxury and premium handbags is gaining popularity as they create individual identity.
• Handbag manufacturers are implementing innovative strategies to cater to changing consumer demography and preferences such as demand for environment-friendly handbags.
• Designer bags exclusively for men are also gaining popularity in the market.
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Key Buying Criteria
Guest BloggersParameters Details
Brand name The brand equity and brand image of companies that manufacture handbags should be positive.
Design Designs of handbags should follow the latest fashion trends.
Marketing CampaignsVendors should conduct marketing and advertisement campaigns to attract consumers.
Material The material used to manufacture handbags should be of good quality.
Price Handbags should be available at affordable prices.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Handbags Market in the Americas 2015-2019
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