Handbag Industry Forecast Report: CAGR, Demand Drivers &...

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2026-01-19 10:05:24 -

Handbag Industry Forecast Report: CAGR, Demand Drivers & Competitive Landscape

The Global Handbag Market is poised for consistent growth as it combines functionality with fashion, driven by rising consumer disposable incomes, urbanization, and expanding brand penetration worldwide. Valued at USD 53.7 billion in 2025, the market is projected to reach USD 84.0 billion by 2033, growing at a CAGR of 6.0% during the forecast period. Handbags are no longer mere...

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