Global Handbags Market: Industry Analysis & Outlook (2016-2020)
Albany, New York, August 4, 2016: Market Research HUB has announced the addition of the “Global Handbags Market: Industry Analysis & Outlook (2016-2020)” report to their offering.
A handbag is a fashionably designed handled bag used to hold essential items of personal use. It is typically larger than a purse or pouch and holds objects beyond currency, such as mobile phones and other personal items. The market for handbags is very vast and can be classified on the basis of various factors which influence buying pattern and sales. Based on type, a handbag can either be a satchel, bucket bag, clutch, tote bag, backpack, baguette bag, athletic bag or a hobo bag.
Browse Full Report on Global Handbags Market: Industry Analysis & Outlook (2016-2020)- http://www.marketresearchhub.com/report/global-handbags-market-industry-analysis-and-outlook-2016-2020-report.html
The global handbags market has premium handbags at the forefront influencing tastes and preferences across the entire market. Growing affluence in emerging economies and better brand recognition have driven significant demand in the market, that has been witnessing perpetual growth due to rising disposable income and increasing purchasing power as global economies picked up post-recession. Since the usage of handbags is predominantly associated with women, a rise in the woman workforce over the years has boosted growth. In recent years the handbags market has seen a shift from bigger totes to smaller and increasing preference for off-price channels driven by demand from brand conscious millennial population. To keep up with changing trends, market players have thus, begun to aggressively compete in their social media presence. However, counterfeit products, high import duties and declining store presence coupled with decelerating global GDP growth continue to pose a serious challenge to the global handbags market.
The report provides an overview of the Global Handbags Market by concentrating on the premium segment, which drives trends in the entire market. It gives an in-depth analysis of regions like North America, Europe and Asia-Pacific. Certain trends, growth drivers as well as issues being faced by the industry are discussed in detail in the report along with competition in the market.
- Michael Kors
- Kate Spade
Request for Free Sample Report – http://www.marketresearchhub.com/enquiry.php?type=S&repid=770167
Table of Content
- Market Overview
- Global Handbags Market
- Regional Handbags Market
- Market Dynamics
- Company Profiles
About Market Research HUB
Market Research HUB (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.
90 State Street,
Albany, NY 12207,
Toll Free : 866-997-4948 (US-Canada)
Tel : +1-518-621-2074
Email : firstname.lastname@example.org
Website : http://www.marketresearchhub.com/