Luxury Handbag Market: Segments, Opportunity, Growth And Forecast By End-Use Industry 2018 - 2026
According to a new market report published by Transparency Market Research titled ‘Luxury Handbag Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026, the global luxury handbag market is expected to reach a value of US$ 35,075.3 Mn by 2026. The market is estimated to expand at a CAGR of 10.0% during the forecast period from 2018 to 2026. In terms of volume, the market is expected to reach over 152,985.1thousand units at a CAGR of approximately 9.0% by 2026.The luxury handbag market in Asia Pacific is projected to expand at a rapid pace during the forecast period. According to the report, the global luxury handbag market is experiencing high-paced expansion in its size and valuation due to the growth in the e-commerce retail market which is driving the luxury handbag market at present and a similar trend is anticipated to be witnessed over the forecast period. One of the biggest drivers of the luxury handbag market...