Handbags Market in the US 2015-2019

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Handbags Market in the US 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 US 2015-2019,

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Key Trends

Technavio’s Senior Analyst says, “The growth in the market is driven by the reviving economic conditions. Online retailing is another key reason for the high consumption and sales of handbags in the country. Demand for affordable luxury brands is also contributing to market growth. However, the emergence of several trends in the market is expected to exert a positive influence on the growth during the forecast period. ”

• Demand for handbags is rising in the US with the increasing demand for affordable luxury handbag brands such as Michael Kors, Kate Spade, Marc Jacobs, Ralph Lauren, Coach, and Tory Burch. The arrival of numerous brands and their easy availability through retail stores and online retail channels has increased the demand for handbags among consumers in the US.

• The market has been growing at a steady pace in terms of revenue and volume and is expected to post CAGRs of 5.90 and 5.29 percent, respectively, during the forecast period.

• 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 US 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 US 2015-2019

Burberry

Chanel

Coach

It is a global luxury brand that designs, sources, manufactures, and distributes a variety of luxury goods under the Burberry brand for men, women, and children. The company's key product portfolio includes women’s wear, men’s wear, children’s wear, beauty products, and accessories.

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.

Coach owns and maintains trademarks in all relevant classes of products worldwide. The key trademarks include Coach, Coach New York, Coach and Horse & Carriage Design, Coach and Story Patch Design, Coach and Lozenge Design, Coach and Tag Design, Signature C Design, and Op Art C Design, and Coach Leatherware Est.

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Market Landscape

• Handbags have become the most desirable fashion accessories after shoes.

• Modern handbags are seen as status symbols and representative of individualistic identity.

• Consequently, demand for luxury and premium handbags is gaining popularity.

• Various handbag companies are adopting innovative strategies to cater to the changing consumer demography and demand for environment-friendly handbags.

• The launch of designer bags exclusively for men is also gaining attention in the market.

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Key Buying CriteriaGuest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameters Details

Brand

The brand image of vendors of handbags should be

positive

Design

Products should follow the latest fashion trends or classic

designs; however, this should not compromise on quality

and convenience of use

Marketing Campaigns

Various marketing and advertisement campaigns should

be conducted to guide consumers to their respective stores

and websites

Material

Materials used for the manufacture of 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 US 2015-2019

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