PUBLISHER: TechNavio | PRODUCT CODE: 1657157
PUBLISHER: TechNavio | PRODUCT CODE: 1657157
The handbags market in India is forecasted to grow by USD 1983.1 million during 2024-2029, accelerating at a CAGR of 8.5% during the forecast period. The report on the handbags market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of retail and online distribution landscape in India, rising number of product endorsements by celebrities, and growing purchase of handbags by millennials and working women.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 7.7% |
CAGR | 8.5% |
Incremental Value | $1983.1 mn |
Technavio's handbags market in India is segmented as below:
By Product Type
By Distribution Channel
By Geographical Landscape
This study identifies the personalization and customization of handbags as one of the prime reasons driving the handbags market in India growth during the next few years. Also, increasing demand for eco-friendly and sustainable handbags and design and material innovation leading to product premiumization will lead to sizable demand in the market.
The report on the handbags market in India covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading handbags market in India vendors that include ALDO Group Inc., Aranyani, BAGGIT, Burberry Group PLC, Caprese Bags, Da Milano Leathers Pvt. Ltd., Deeya International, Fossil Group Inc., H and M Hennes and Mauritz GBC AB, Hermes International SA, Hidesign, Intouch Leather House Pvt. Ltd., Lavie, Lino Perros, Miraggio Lifestyles Pvt. Ltd., Odette E Retail Pvt. Ltd., Prada Spa, The LVMH group, Victorias Secret and Co., and Zouk. Also, the handbags market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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