DUBLIN, Nov. 19, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/tzq2vg/global_wallets) has announced the addition of the "Global Wallets Market 2015-2019" report to their offering.
The global wallets market to grow at a CAGR of 4.77% and 4.93%, in terms of revenue and volume, respectively, during 2014-2019.
The report provides an overview of the global wallets market, and in-depth analysis of usage of the product in the market. It considers 2014 as the base year and forecasts the market value up to 2019.
To calculate the market size, we take into account revenue generated from the sales of wallets by organized and unorganized retailers. The scope of this report is limited to wallets (including purses) only; it does not include products such as coin pouches, key pouches, and mobile phone pouches, satchels and saddles, shoulder bags, and totes. The report also presents the vendor landscape and a corresponding detailed analysis of the 13 major vendors in the market.
According to the report, the rapid economic growth and improving macroeconomic conditions in numerous countries have increased the income of most consumers. This high income is expected to increase the number of consumers spending on wallets, which will thereby drive the growth of the market. Among the major consumer segments, the significant growth of the middle-income consumer group, in terms of disposable income and spending on lifestyle products, has been growing steadily in recent years. This in turn has made the middle-income consumer group a potential segment for vendors in the market.
Further, the report states that one of the main challenges hindering the growth of the market is the increasing competition from counterfeit or fake products.
- Burberry Group
- Etienne Aigner
- Hermès International
- Kate Spade
- Michael Kors
- Ralph Lauren
- Tory Burch
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Factors that Affect Global Luggage Market
- Market Landscape
- Geographical Segmentation
- Country-wise Life Cycle
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Market Segmentation by Distribution Channel
- Buying Criteria
- Why Wallets are Becoming Popular
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/tzq2vg/global_wallets
Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets