Shoulder bags have become the most desirable fashion accessory after shoes and are now considered as status symbols. Consequently, the demand for luxury and premium handbags is gaining popularity as they create an individual identity. Shoulder bag manufacturers are implementing innovative strategies to cater to the changing consumer demography and preferences, such as demand for environment-friendly handbags. Designer bags exclusively for men are also gaining popularity.
The analysts forecast the global shoulder bags market, in terms of revenue and volume, to grow at CAGRs of 5.53% and 5.08%, respectively, over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global shoulder bags market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the retail sales of shoulder bags, in terms of revenue and volume.
The report, Global Shoulder Bags Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the global shoulder bags market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Emergence of Shoulder Bags as a Fashion/Lifestyle Product
Increasing Competition from Local Brands and Availability of Counterfeit Products
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Rise in Demand for New Leather Skins
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?