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The global satchel and saddle bags market is expected to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Satchels and saddle bags are a type of cloth gear worn over one shoulder with a strap that goes across the chest and a bag which rests on the lower back. They are a highly desirable fashion accessory for both the genders and are available in a variety of sizes, patterns and colors. Nowadays, gender-specific bags for men and women are also finding immense acceptance among consumers of all age groups.
A thriving fashion accessories industry along with increasing working population across the globe is one of the key factors driving the market growth. Furthermore, a substantial rise in the female workforce participation in both developed and emerging economies has also positively impacted the market. Moreover, consumers are now more inclined to spend on premium and luxury handbags or any other accessories to keep up with the ever-changing fashion trends. Apart from this, these bags are gaining rapid preference among consumers for carrying multiple essential items such as laptops, tablets, wallets and food to their workplace. Moreover, product innovations, such as the launch of creative and visually appealing designs along with eco-friendly bags, are also creating a positive outlook for the market. Other factors contributing significantly to the market growth include rapid urbanization and aggressive promotional activities by manufacturers and the development of the online retail services that provide hassle-free shopping experience while displaying a wide range of options to choose from to the consumers.
IMARC Group provides an analysis of the key trends in each sub-segment of the global satchel and saddle bags market, along with forecasts at the global and regional level from 2021-2026. Our report has categorized the market based on product type, gender, material and distribution channel.
Breakup by Product Type:
Breakup by Gender:
Breakup by Material:
Breakup by Distribution Channel:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being Coach, Chanel, Burberry Group, Nicole Lee, Etienne Aigner, Furla, Kate Spade, Hermès International, Michael Kors, LVMH and Mulberry, etc.
IMARC Group’s latest report provides a deep insight into the global satchel and saddle bags market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the satchel and saddle bags market in any manner.
|Base Year of the Analysis||2020|
|Segment Coverage||Product Type, Gender, Material, Distribution Channel, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Companies Covered||Coach, Chanel, Burberry Group, Nicole Lee, Etienne Aigner, Furla, Kate Spade, Hermès International, Michael Kors, LVMH and Mulberry|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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