Demand for the Global Handbag and Purse Manufacturing industry has resurged over the past five years, as global economic conditions have improved and consumers have resumed spending they delayed during the recession. Demand for higher priced luxury products increased in countries such as China, India and Brazil, while many Europe-based companies, such as Moet Hennessy Louis Vuitton SA (LVMH), are placing greater focus on the Asian market as incomes in the region rise.
Industry operators manufacture handbags, purses, wallets and other articles (apart from jewelry and watches) typically carried in a pocket or handbag. The industry also comprises establishments that produce apparel and clothing accessories made from textiles and other fabrics (other than those for babies) and headgear of all materials.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.