India Handbag Industry Outlook to 2018 - Premium Segment and Online Retail to Lead the Growth
The report titled “India Handbag Industry Outlook to 2018 - Premium Segment and Online Retail to Lead the Growth” provides a comprehensive analysis of the market size of the handbag industry in India, market segmentation on the basis of product type (shoulder bags, hobos and totes, clutches and wallets, sling bags and others), utility of bags (casual, office and college handbags), by organizational structure (by organized and unorganized segment), by price (value, popular and premium segment) and by international and domestic brands. The report also entails the market share and company profiles of the major players in the organized segment of handbags. An analysis of the future of handbag market in India is provided on the basis of revenue of the market over next five years.
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Rise in the personal disposable income, increase in the number of working women, widening exposure through internet, development of retailing and specialty stores and growing acceptance of handbags as a lifestyle product have contributed significantly to handbag industry in India. The handbag market is expected to grow at a CAGR of 17.1% from FY’2013-FY’2018.
The Indian handbag industry has grown at a rapid pace over the years. It has been majorly dominated by unorganized segment contributing ~% in the overall market in FY’2013. Da Milano and Hidesign are the leaders in the organized market with significant contribution in the revenue. The handbag market has been further categorized into casual, college and office bags with a maximum contribution of ~% by casual bags in FY’2013 in overall handbag market. The market has been segmented further on the basis of price by value, popular and premium segments with a...