Research Reports
Handbag Market Size, Share, Growth | Industry Trends Report, 2021-2026
Published by IMARC Services Private Limited
Posted on October 6, 2021
4 min readLast updated: January 31, 2026
Global Banking & Finance Review®
Company
Published by IMARC Services Private Limited
Posted on October 6, 2021
4 min readLast updated: January 31, 2026
The global handbag market is set to grow at a 6% CAGR from 2021-2026, driven by urbanization, increased female workforce, and online retail channels.
According to the latest report by IMARC Group, titled “Handbag Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global handbag market exhibited negative growth during 2015-2020. Looking forward, the global handbag market is expected to grow at a CAGR of around 6% during 2021-2026.
A handbag refers to a fashion accessory primarily used by women to hold essential and personal utility products. It is available in a wide variety of sizes, colors, and patterns. Handbags are generally manufactured by stitching multiple pieces of cloth or leather together. Some of the common product variants available in the market include shoulder, satchel, handheld and sling bags. At present, gender-neutral bags are also gaining traction among consumers of all age groups.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Sample Report: https://www.imarcgroup.com/handbag-market/requestsample
Market Trends:
Rapid urbanization along with the expanding fashion accessories sector is primarily driving the market growth. Furthermore, a significant increase in the female workforce across both developed and emerging countries has contributed to demand for handbags. Additionally, most of the working professionals prefer carrying multiple essential items, such as tablets, laptops, wallets and edibles, in their handbags. This has led the market players to develop handbags that are highly functional and equipped with laptop sleeves, mobile and key holders. Besides this, the easy availability of handbags on online retail channels offering a wide product range, hassle-free shopping experience and lucrative discounts is further catalyzing the market growth. In the coming years, the growing popularity of specific products for men, along with the introduction of eco-friendly product variants, are anticipated to drive the global market for handbags.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/handbag-market
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Breakup by Product Type:
Breakup by Material Type:
Breakup by Distribution Channel:
Breakup by Region:
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Latest Market Research Reports by IMARC Group (2021-2026):
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
The article discusses the growth trends and forecasts of the global handbag market from 2021 to 2026.
Urbanization, increased female workforce, and online retail channels are key drivers.
The report integrates both direct and indirect impacts of COVID-19 on the handbag market.
Explore more articles in the Research Reports category
