Handbags Market in UK 2024-2028

The handbags market in UK is forecasted to grow by USD 612.15 mn during 2023-2028, accelerating at a CAGR of 3.96% during the forecast period. The report on the handbags market in UK provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the expansion of the retail and online distribution landscape in the UK, growing purchase of handbags by millennials and working women, and increasing fashion consciousness among consumers leading to spending on personal accessories.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.61%
CAGR	3.96%
Incremental Value	$612.15mn

Technavio's handbags market in the UK is segmented as below:

By Product

Tote
Clutch
Satchels
Shoulder bag
Mini bags and others

By Distribution Channel

Offline
Online

By Material

Leather
Cotton
Others

This study identifies the personalization, customization, and innovation in handbags as one of the prime reasons driving the handbags market in the UK growth during the next few years. Also, design and material innovation leading to product premiumization and a rising number of product endorsements by celebrities will lead to sizable demand in the market.

The report on the handbags market in UK covers the following areas:

Handbags market in UK sizing
Handbags market in UK forecast
Handbags market in UK industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading handbags market in UK vendors that include ALDO Group Inc., Aspinal of London Ltd., Bugatti GmbH, Burberry Group Plc, Chanel Ltd., Crew Clothing Co. Ltd., Dolce and Gabbana SRL, Fossil Group Inc., GOYARD ST HONORE, Guess Inc., Hermes International SA, Kering SA, LAUNER LONDON LTD., Michael Kors Switzerland GmbH, MPLG Ltd., Mulberry Group Plc, Prada S.p.A, Radley and Co Ltd., The Cambridge Satchel Co. Ltd, and The Hettie Trading Company Ltd.. Also, the handbags market in UK analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR74341

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Product
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Market Segmentation by Material
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 13: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 14: Chart on UK: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on UK: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Handbags market in UK 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on handbags market in UK 2018 - 2022 ($ million)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Distribution Channel Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
4.4 Material Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Material Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
Exhibit 27: Chart on Product - Market share 2023-2028 (%)
Exhibit 28: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 29: Chart on Comparison by Product
Exhibit 30: Data Table on Comparison by Product
6.3 Tote - Market size and forecast 2023-2028
Exhibit 31: Chart on Tote - Market size and forecast 2023-2028 ($ million)
Exhibit 32: Data Table on Tote - Market size and forecast 2023-2028 ($ million)
Exhibit 33: Chart on Tote - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Tote - Year-over-year growth 2023-2028 (%)
6.4 Clutch - Market size and forecast 2023-2028
Exhibit 35: Chart on Clutch - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Data Table on Clutch - Market size and forecast 2023-2028 ($ million)
Exhibit 37: Chart on Clutch - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Clutch - Year-over-year growth 2023-2028 (%)
6.5 Satchels - Market size and forecast 2023-2028
Exhibit 39: Chart on Satchels - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Data Table on Satchels - Market size and forecast 2023-2028 ($ million)
Exhibit 41: Chart on Satchels - Year-over-year growth 2023-2028 (%)
Exhibit 42: Data Table on Satchels - Year-over-year growth 2023-2028 (%)
6.6 Shoulder bag - Market size and forecast 2023-2028
Exhibit 43: Chart on Shoulder bag - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Data Table on Shoulder bag - Market size and forecast 2023-2028 ($ million)
Exhibit 45: Chart on Shoulder bag - Year-over-year growth 2023-2028 (%)
Exhibit 46: Data Table on Shoulder bag - Year-over-year growth 2023-2028 (%)
6.7 Mini bags and others - Market size and forecast 2023-2028
Exhibit 47: Chart on Mini bags and others - Market size and forecast 2023-2028 ($ million)
Exhibit 48: Data Table on Mini bags and others - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Chart on Mini bags and others - Year-over-year growth 2023-2028 (%)
Exhibit 50: Data Table on Mini bags and others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Product
Exhibit 51: Market opportunity by Product ($ million)
Exhibit 52: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

7.1 Market segments
Exhibit 53: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibit 54: Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
Exhibit 55: Chart on Comparison by Distribution Channel
Exhibit 56: Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2023-2028
Exhibit 57: Chart on Offline - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Exhibit 59: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibit 60: Data Table on Offline - Year-over-year growth 2023-2028 (%)
7.4 Online - Market size and forecast 2023-2028
Exhibit 61: Chart on Online - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Data Table on Online - Market size and forecast 2023-2028 ($ million)
Exhibit 63: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibit 64: Data Table on Online - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 65: Market opportunity by Distribution Channel ($ million)
Exhibit 66: Data Table on Market opportunity by Distribution Channel ($ million)

8 Market Segmentation by Material

8.1 Market segments
Exhibit 67: Chart on Material - Market share 2023-2028 (%)
Exhibit 68: Data Table on Material - Market share 2023-2028 (%)
8.2 Comparison by Material
Exhibit 69: Chart on Comparison by Material
Exhibit 70: Data Table on Comparison by Material
8.3 Leather - Market size and forecast 2023-2028
Exhibit 71: Chart on Leather - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on Leather - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on Leather - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on Leather - Year-over-year growth 2023-2028 (%)
8.4 Cotton - Market size and forecast 2023-2028
Exhibit 75: Chart on Cotton - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Cotton - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Cotton - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Cotton - Year-over-year growth 2023-2028 (%)
8.5 Others - Market size and forecast 2023-2028
Exhibit 79: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Others - Year-over-year growth 2023-2028 (%)
8.6 Market opportunity by Material
Exhibit 83: Market opportunity by Material ($ million)
Exhibit 84: Data Table on Market opportunity by Material ($ million)

9 Customer Landscape

9.1 Customer landscape overview
Exhibit 85: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 86: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 87: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 88: Overview on factors of disruption
11.4 Industry risks
Exhibit 89: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 90: Vendors covered
12.2 Market positioning of vendors
Exhibit 91: Matrix on vendor position and classification
12.3 ALDO Group Inc.
Exhibit 92: ALDO Group Inc. - Overview
Exhibit 93: ALDO Group Inc. - Product / Service
Exhibit 94: ALDO Group Inc. - Key offerings
12.4 Aspinal of London Ltd.
Exhibit 95: Aspinal of London Ltd. - Overview
Exhibit 96: Aspinal of London Ltd. - Product / Service
Exhibit 97: Aspinal of London Ltd. - Key offerings
12.5 Burberry Group Plc
Exhibit 98: Burberry Group Plc - Overview
Exhibit 99: Burberry Group Plc - Business segments
Exhibit 100: Burberry Group Plc - Key offerings
Exhibit 101: Burberry Group Plc - Segment focus
12.6 Chanel Ltd.
Exhibit 102: Chanel Ltd. - Overview
Exhibit 103: Chanel Ltd. - Product / Service
Exhibit 104: Chanel Ltd. - Key offerings
12.7 Crew Clothing Co. Ltd.
Exhibit 105: Crew Clothing Co. Ltd. - Overview
Exhibit 106: Crew Clothing Co. Ltd. - Product / Service
Exhibit 107: Crew Clothing Co. Ltd. - Key offerings
12.8 Dolce and Gabbana SRL
Exhibit 108: Dolce and Gabbana SRL - Overview
Exhibit 109: Dolce and Gabbana SRL - Product / Service
Exhibit 110: Dolce and Gabbana SRL - Key offerings
12.9 Fossil Group Inc.
Exhibit 111: Fossil Group Inc. - Overview
Exhibit 112: Fossil Group Inc. - Business segments
Exhibit 113: Fossil Group Inc. - Key offerings
Exhibit 114: Fossil Group Inc. - Segment focus
12.10 GOYARD ST HONORE
Exhibit 115: GOYARD ST HONORE - Overview
Exhibit 116: GOYARD ST HONORE - Product / Service
Exhibit 117: GOYARD ST HONORE - Key offerings
12.11 Guess Inc.
Exhibit 118: Guess Inc. - Overview
Exhibit 119: Guess Inc. - Business segments
Exhibit 120: Guess Inc. - Key offerings
Exhibit 121: Guess Inc. - Segment focus
12.12 Hermes International SA
Exhibit 122: Hermes International SA - Overview
Exhibit 123: Hermes International SA - Business segments
Exhibit 124: Hermes International SA - Key offerings
Exhibit 125: Hermes International SA - Segment focus
12.13 Kering SA
Exhibit 126: Kering SA - Overview
Exhibit 127: Kering SA - Business segments
Exhibit 128: Kering SA - Key offerings
Exhibit 129: Kering SA - Segment focus
12.14 Michael Kors Switzerland GmbH
Exhibit 130: Michael Kors Switzerland GmbH - Overview
Exhibit 131: Michael Kors Switzerland GmbH - Product / Service
Exhibit 132: Michael Kors Switzerland GmbH - Key offerings
12.15 Mulberry Group Plc
Exhibit 133: Mulberry Group Plc - Overview
Exhibit 134: Mulberry Group Plc - Business segments
Exhibit 135: Mulberry Group Plc - Key offerings
Exhibit 136: Mulberry Group Plc - Segment focus
12.16 Prada S.p.A
Exhibit 137: Prada S.p.A - Overview
Exhibit 138: Prada S.p.A - Product / Service
Exhibit 139: Prada S.p.A - Key offerings
12.17 Radley and Co Ltd.
Exhibit 140: Radley and Co Ltd. - Overview
Exhibit 141: Radley and Co Ltd. - Product / Service
Exhibit 142: Radley and Co Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 143: Inclusions checklist
Exhibit 144: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 145: Currency conversion rates for US$
13.4 Research methodology
Exhibit 146: Research methodology
Exhibit 147: Validation techniques employed for market sizing
Exhibit 148: Information sources
13.5 List of abbreviations
Exhibit 149: List of abbreviations