PUBLISHER: IMARC | PRODUCT CODE: 1520430
PUBLISHER: IMARC | PRODUCT CODE: 1520430
Satchel and Saddle Bags Market Report by Product Type, Gender, Material, Distribution Channel, and Region 2024-2032
The global satchel and saddle bags market size reached US$ 401.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 560.9 Million by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.
Satchels and saddle bags are a type of cloth gear worn over one shoulder with a strap that goes across the chest and a bag which rests on the lower back. They are a highly desirable fashion accessory for both the genders and are available in a variety of sizes, patterns and colors. Nowadays, gender-specific bags for men and women are also finding immense acceptance among consumers of all age groups.
A thriving fashion accessories industry along with increasing working population across the globe is one of the key factors driving the market growth. Furthermore, a substantial rise in the female workforce participation in both developed and emerging economies has also positively impacted the market. Moreover, consumers are now more inclined to spend on premium and luxury handbags or any other accessories to keep up with the ever-changing fashion trends. Apart from this, these bags are gaining rapid preference among consumers for carrying multiple essential items such as laptops, tablets, wallets and food to their workplace. Moreover, product innovations, such as the launch of creative and visually appealing designs along with eco-friendly bags, are also creating a positive outlook for the market. Other factors contributing significantly to the market growth include rapid urbanization and aggressive promotional activities by manufacturers and the development of the online retail services that provide hassle-free shopping experience while displaying a wide range of options to choose from to the consumers.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global satchel and saddle bags market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on product type, gender, material and distribution channel.
Breakup by Product Type:
Satchel Bags
Saddle Bags
Breakup by Gender:
Male
Female
Breakup by Material:
Leather
Fabric
Others
Breakup by Distribution Channel:
Breakup by Region:
Competitive Landscape:
Key Questions Answered in This Report:
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
3 Executive Summary
4 Introduction
5 Global Satchel and Saddle Bags Market
6 Market Breakup by Product Type
7 Market Breakup by Gender
8 Market Breakup by Material
9 Market Breakup by Distribution Channel
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
List of Figures
- Figure 1: Global: Satchel and Saddle Bags Market: Major Drivers and Challenges
- Figure 2: Global: Satchel and Saddle Bags Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: Satchel and Saddle Bags Market: Breakup by Product Type (in %), 2023
- Figure 4: Global: Satchel and Saddle Bags Market: Breakup by Gender (in %), 2023
- Figure 5: Global: Satchel and Saddle Bags Market: Breakup by Material (in %), 2023
- Figure 6: Global: Satchel and Saddle Bags Market: Breakup by Distribution Channel (in %), 2023
- Figure 7: Global: Satchel and Saddle Bags Market: Breakup by Region (in %), 2023
- Figure 8: Global: Satchel and Saddle Bags Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Satchel and Saddle Bags Industry: SWOT Analysis
- Figure 10: Global: Satchel and Saddle Bags Industry: Value Chain Analysis
- Figure 11: Global: Satchel and Saddle Bags Industry: Porter's Five Forces Analysis
- Figure 12: Global: Satchel and Saddle Bags (Satchel) Market: Sales Value (in Million US$), 2018 & 2023
List of Tables
