PUBLISHER: IMARC | PRODUCT CODE: 1347437
PUBLISHER: IMARC | PRODUCT CODE: 1347437
Satchel and Saddle Bags Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview 2023-2028:
The global satchel and saddle bags market size reached US$ 385.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 493.4 Million by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.
Satchels and saddle bags are a type of cloth gear worn over one shoulder with a strap that goes across the chest and a bag which rests on the lower back. They are a highly desirable fashion accessory for both the genders and are available in a variety of sizes, patterns and colors. Nowadays, gender-specific bags for men and women are also finding immense acceptance among consumers of all age groups.
A thriving fashion accessories industry along with increasing working population across the globe is one of the key factors driving the market growth. Furthermore, a substantial rise in the female workforce participation in both developed and emerging economies has also positively impacted the market. Moreover, consumers are now more inclined to spend on premium and luxury handbags or any other accessories to keep up with the ever-changing fashion trends. Apart from this, these bags are gaining rapid preference among consumers for carrying multiple essential items such as laptops, tablets, wallets and food to their workplace. Moreover, product innovations, such as the launch of creative and visually appealing designs along with eco-friendly bags, are also creating a positive outlook for the market. Other factors contributing significantly to the market growth include rapid urbanization and aggressive promotional activities by manufacturers and the development of the online retail services that provide hassle-free shopping experience while displaying a wide range of options to choose from to the consumers.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global satchel and saddle bags market report, along with forecasts at the global and regional levels from 2023-2028. Our report has categorized the market based on product type, gender, material and distribution channel.
Breakup by Product Type:
Satchel Bags
Saddle Bags
Breakup by Gender:
Male
Female
Breakup by Material:
Leather
Fabric
Others
Breakup by Distribution Channel:
Departmental Stores
Specialty Stores
Online Stores
Supermarkets and Hypermarkets
Discount Stores
Others
Breakup by Region:
Asia Pacific
Europe
North America
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Coach, IP Holdings LLC, Chanel, Inc., Burberry Group Plc, Nicole Lee Estore, Etienne Aigner AG, Furla S.p.A., Kate Spade Holdings LLC, Hermes International Company, Michael Kors Holdings Limited, LVMH Moet Hennessy - Louis Vuitton SE and Mulberry Group Plc.
IMARC Group's latest report provides a deep insight into the global satchel and saddle bags market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the satchel and saddle bags market in any manner.
Key Questions Answered in This Report:
- How has the global satchel and saddle bags market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global satchel and saddle bags industry?
- What has been the impact of COVID-19 on the global satchel and saddle bags industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the gender?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the global satchel and saddle bags industry?
- What are the key driving factors and challenges in the global satchel and saddle bags industry?
- What is the structure of the global satchel and saddle bags industry and who are the key players?
- What is the degree of competition in the global satchel and saddle bags industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Satchel and Saddle Bags Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Product Type
- 5.5 Market Breakup by Gender
- 5.6 Market Breakup by Material
- 5.7 Market Breakup by Distribution Channel
- 5.8 Market Breakup by Region
- 5.9 Market Forecast
6 Market Breakup by Product Type
- 6.1 Satchel Bags
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Saddle Bags
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Gender
- 7.1 Male
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Female
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Material
- 8.1 Leather
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Fabric
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Distribution Channel
- 9.1 Departmental Stores
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Specialty Stores
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Online Stores
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Supermarkets and Hypermarkets
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Discount Stores
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Others
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
10 Market Breakup by Region
- 10.1 Asia Pacific
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Europe
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 North America
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Middle East and Africa
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Latin America
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Coach
- 15.3.2 IP Holdings LLC
- 15.3.3 Chanel, Inc.
- 15.3.4 Burberry Group Plc
- 15.3.5 Nicole Lee Estore
- 15.3.6 Etienne Aigner AG
- 15.3.7 Furla S.p.A.
- 15.3.8 Kate Spade Holdings LLC
- 15.3.9 Hermes International Company
- 15.3.10 Michael Kors Holdings Limited
- 15.3.11 LVMH Moet Hennessy - Louis Vuitton SE
- 15.3.12 Mulberry Group Plc.
List of Figures
- Figure 1: Global: Satchel and Saddle Bags Market: Major Drivers and Challenges
- Figure 2: Global: Satchel and Saddle Bags Market: Sales Value (in Million US$), 2017-2022
- Figure 3: Global: Satchel and Saddle Bags Market: Breakup by Product Type (in %), 2022
- Figure 4: Global: Satchel and Saddle Bags Market: Breakup by Gender (in %), 2022
- Figure 5: Global: Satchel and Saddle Bags Market: Breakup by Material (in %), 2022
- Figure 6: Global: Satchel and Saddle Bags Market: Breakup by Distribution Channel (in %), 2022
- Figure 7: Global: Satchel and Saddle Bags Market: Breakup by Region (in %), 2022
- Figure 8: Global: Satchel and Saddle Bags Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Satchel and Saddle Bags Industry: SWOT Analysis
- Figure 10: Global: Satchel and Saddle Bags Industry: Value Chain Analysis
- Figure 11: Global: Satchel and Saddle Bags Industry: Porter's Five Forces Analysis
- Figure 12: Global: Satchel and Saddle Bags (Satchel) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Satchel and Saddle Bags (Satchel) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Satchel and Saddle Bags (Saddle) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Satchel and Saddle Bags (Saddle) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Satchel and Saddle Bags (Male) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Satchel and Saddle Bags (Male) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Satchel and Saddle Bags (Female) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Satchel and Saddle Bags (Female) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Satchel and Saddle Bags (Leather) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Satchel and Saddle Bags (Leather) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Satchel and Saddle Bags (Fabric) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Satchel and Saddle Bags (Fabric) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Satchel and Saddle Bags (Other Material Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Satchel and Saddle Bags (Other Material Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Satchel and Saddle Bags Market: Sales through Departmental Stores (in Million US$), 2017 & 2022
- Figure 27: Global: Satchel and Saddle Bags Market Forecast: Sales through Departmental Stores (in Million US$), 2023-2028
- Figure 28: Global: Satchel and Saddle Bags Market: Sales through Specialty Stores (in Million US$), 2017 & 2022
- Figure 29: Global: Satchel and Saddle Bags Market Forecast: Sales through Specialty Stores (in Million US$), 2023-2028
- Figure 30: Global: Satchel and Saddle Bags Market: Sales through Online Stores (in Million US$), 2017 & 2022
- Figure 31: Global: Satchel and Saddle Bags Market Forecast: Sales through Online Stores (in Million US$), 2023-2028
- Figure 32: Global: Satchel and Saddle Bags Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2017 & 2022
- Figure 33: Global: Satchel and Saddle Bags Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2023-2028
- Figure 34: Global: Satchel and Saddle Bags Market: Sales through Discount Stores (in Million US$), 2017 & 2022
- Figure 35: Global: Satchel and Saddle Bags Market Forecast: Sales through Discount Stores (in Million US$), 2023-2028
- Figure 36: Global: Satchel and Saddle Bags Market: Sales through Other Distribution Channels (in Million US$), 2017 & 2022
- Figure 37: Global: Satchel and Saddle Bags Market Forecast: Sales through Other Distribution Channels (in Million US$), 2023-2028
- Figure 38: Asia Pacific: Satchel and Saddle Bags Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Asia Pacific: Satchel and Saddle Bags Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Europe: Satchel and Saddle Bags Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Europe: Satchel and Saddle Bags Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: North America: Satchel and Saddle Bags Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: North America: Satchel and Saddle Bags Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Middle East and Africa: Satchel and Saddle Bags Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Middle East and Africa: Satchel and Saddle Bags Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Latin America: Satchel and Saddle Bags Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Latin America: Satchel and Saddle Bags Market Forecast: Sales Value (in Million US$), 2023-2028
List of Tables
- Table 1: Global: Satchel and Saddle Bags Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Satchel and Saddle Bags Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Satchel and Saddle Bags Market Forecast: Breakup by Gender (in Million US$), 2023-2028
- Table 4: Global: Satchel and Saddle Bags Market Forecast: Breakup by Material (in Million US$), 2023-2028
- Table 5: Global: Satchel and Saddle Bags Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 6: Global: Satchel and Saddle Bags Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Satchel and Saddle Bags Market: Competitive Structure
- Table 8: Global: Satchel and Saddle Bags Market: Key Players
