Reportlinker Adds Handbags Market Report: 2009 Edition

Jan 12, 2010, 10:21 ET from Reportlinker

NEW YORK, Jan. 12 /PRNewswire/ -- announces that a new market research report is available in its catalogue:

Handbags Market Report: 2009 Edition

Over the last few years, handbags market has witnessed a sea change which has resulted in the entire shift in its value chain with handbags production being shifted to low-cost countries like India, China and at the same time new channels of distribution emerging like online retailing. Also, change in the consumer preferences like growing demand for eco-friendly handbags has forced the companies to change and adapt their strategies according to the changing consumer preferences.

The US handbags market has witnessed a decline in 2008 breaking the growth trend since 2003 as a result of recessionary conditions prevailing in the US as well as rest of the world which not only resulted in fall in demand domestically but also resulted in fall in export demand for the branded handbags.

EU handbags market consists of six major markets i.e. Italy, France, UK, Germany, Spain and Netherlands accounting for the majority share in sales and production of handbags. In EU, majority of handbags are sold through specialist chain and independent retailers.

The key trends witnessed both in the US and EU handbag market is the growing demand for branded handbags from China and India as per capita income is rising in these markets fueled by high economic growth rates. Another trend witnessed is the growing importance of eco-fashion, resulting in the shift in consumer preferences. This has resulted in a shift in manufacturing process, as some handbags now being made from old wrappers, cartons and other waste materials.

Companies like Coach Inc, Louis Vuitton SA, Burberry Group Plc and Hermes International SCA have shifted their attention to markets like China and India as they are under-penetrated and at the same time offer huge potential for growth. The companies have realigned their distribution channels in order to cater to the needs of consumers more efficiently while reducing their operational cost.

The handbag industry is facing many challenges like fighting the counterfeiters, and coping with market oversaturation, which are acting as roadblocks for the growth of the industry.

The US and EU handbag market is all set to witness growth in the coming years as a result of huge export demand from countries like China and India and also as a result of improving economic conditions in domestic as well as international markets.

By combining SPSS Inc.'s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

1. Market Overview

1.1 Market Segmentation

Segmentation by Use

Segmentation by Buying behavior

Segmentation by Age

1.2 Value-Chain of Handbags Market

High-value Handbags

Low-price Handbags

2. US Market

2.1 Market Overview

2.1.1 Handbags Retail Sales

Retail Sales Growth by Value

Retail Sales Growth by Volume

2.1.2 Average Unit Price

Average Retail Unit Price Trend

2.2 Imports and Exports of Handbags

2.2.1 Imports

Handbags Import by Value

Handbags Import by Volume

2.2.2 Exports

Handbags Export by Value

Handbags Export by Volume

3 European Union (EU) Market

3.1 Market Overview

3.1.1 Market Size by Consumption and Production

Growth in Handbags Consumption/Production in EU

Volume Consumption in Major EU Markets

Major Handbags Producing Markets by Value/Volume

Market Share of Major Handbag Producing Countries by Value/Volume

3.1.2 Trade Channels

Major Handbag Distribution Channels - Market Share

3.2 EU Handbags Export and Import Market

3.2.1 Imports

Handbags Import Growth

Share of imports in EU by Destinations

Product-wise Share of Handbags Imports

3.2.2 Exports

Handbags Export Growth

Major Exporting Countries by Value/Volume

4. Market Developments

4.1 Market Trends

4.1.1 Handbag Trends-Europe vs US

4.1.2 Eco-Fashion Gaining Importance

4.1.3 Soaring Pre-owned Handbags Sales

4.1.4 Online Trend

4.1.5 Outsourcing to Low-cost Countries

4.2 Growth Drivers

4.2.1 Untapped Market Potential in Emerging Economies

4.2.2 Anti-dumping

4.2.3 Growing Employed Female

4.2.4 Growing HNWI Financial Wealth

4.3 Major Industry Challenges

4.3.1 Fighting the Counterfeiters

4.3.2 Coping with Market Oversaturation

4.3.3 Guarantee in Some EU States

5. Company Profiles

5.1 Coach Inc

Company Overview

Business Strategies

Multi-channel International Distribution

Innovative and Consumer-centric

Differentiating Strategies

Aggressive Marketing Strategies

5.2 Louis Vuitton SA

Company Overview

Business Strategies

Increased Focus on Asian Markets

Aggressive Marketing Strategy

Brand Positioning

Hedging of Foreign Exchange Risk

5.3 Burberry Group Plc

Company Overview

Business Strategies

Investing in Under-penetrated Markets

Pursuing Operational Excellence

Accelerating Retail led Growth

5.4 Hermes International SCA

Company Overview

Business Strategies

Increasing Presence in Developing Markets

Growth Driven by Investment in Distribution Network

Control over Sourcing

6. Market Outlook

6.1 Market Forecast

6.2 Forecast Methodology

6.2.1 Dependent and Independent Variables

6.2.2 Correlation Analysis

6.2.3 Regression Analysis

List of Tables

Dependent & Independent Variables, 2004-2008

Correlation Matrix

Model Summary- Coefficient of Determination

Regression Coefficients Output

List of Charts

Handbags Market segments by Usage

Value-Chain of Handbags Market

US-Handbag Retail Sales by value, 1999-2008

US-Handbag Retail Sales by volume, 1999-2008

US-Average unit retail price of handbag, 1999-2008

US-Imports of handbags value-wise, 2007-2009

US-Imports of handbags volume-wise, 2007-2009

US-Exports of handbags value-wise, 2007-2009

US-Exports of handbags volume-wise, 2007-2009

EU-Consumption and Production of handbags, 2007

EU-Consumption of handbags in major markets by value, 2007

EU-Production of handbags in major markets by volume, 2007

EU-County-wise production share by volume, 2007

EU-County-wise production share by volume, 2003

EU-Production of handbags in major-markets by value, 2003-2007

EU-County-wise production share by value, 2007

EU-County-wise production share by value, 2003

EU-Handbags distribution by value by different channels, 2007

EU-Handbags Imports, 2003-2007

EU-Value-wise break-up of Imports in EU by region-wise, 2007

EU-Break-up of Imports of EU handbags by product-wise, 2007

EU-Handbags exports by EU value-wise, 2003-2007

EU-Value-wise break-up of EU exports, 2007

EU-Volume-wise break-up of EU exports, 2007

Trends in exports from major six EU countries, 2003-2007

Globally Adult Employed no. of females, 2004-2008

Globally HNWIs wealth, 2006-2013

Coach Inc - Revenue comparison, 2006-2009

Louis Vuitton SA - Revenue comparison, 2005-2008

Burberry Group Plc - Revenue comparison, 2006-2009

Hermes International SCA - Revenue comparison, 2005-2008

US handbags market forecast, 2008A-2012E

To order this report:

Plastic Industry: Handbags Market Report: 2009 Edition

More  Market Research Report

Nicolas Bombourg



US: (805)652-2626

Intl: +1 805-652-2626

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