Saudi Arabia Handbag Market

Saudi Arabia Handbag Market Overview:

The Saudi Arabia handbag market size reached USD 388.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 683.3 Million by 2033, exhibiting a growth rate (CAGR) of 5.8% during 2025-2033. The market is growing steadily, driven by rising local brand support, global luxury expansion, and increased consumer interest in resale and premium craftsmanship. Government initiatives and fashion incubators are also encouraging innovation, retail exposure, and long-term value creation in the segment.

Saudi Arabia Handbag Market Trends:

Institutional Backing for Local Handbag Brands

The Saudi handbag market has seen a clear push toward supporting local creative talent through structured programs. Moreover, the commitment to develop local brands that can compete with global luxury houses, especially as consumer preferences shift toward culturally rooted yet high-end design. Institutions and luxury groups are playing a stronger role in not just identifying talent but also offering them platforms to build commercially viable brands. These efforts aim to create a new generation of Saudi-based handbag designers with the tools, retail access, and brand presence to scale. This trend was highlighted in June 2024, when Chalhoub Group launched the second cohort of its Fashion Lab program in Saudi Arabia. The program opened its doors to local brands, including those specializing in handbags, offering retail exposure, one-on-one mentorship, and over 30 curated workshops. Ten selected brands benefited from strategic partnerships with platforms like Instagram and Snap Inc., which helped them build both visibility and engagement. The initiative has expanded awareness around Saudi-made handbags and increased their representation in premium retail. It signaled a rising ecosystem for local production, elevating the Saudi handbag market from small-scale labels to structured, growth-oriented fashion enterprises.

Strengthening the Secondary Luxury Handbag Market

The resale segment is gaining strong traction in Saudi Arabia’s luxury handbag sector, driven by increased collector interest and the formal entry of global auction leaders. Unlike first-hand retail growth, this trend is rooted in the investment value of handbags, the rise in sustainable shopping habits, and the appeal of rare, authenticated items. Resale is no longer informal or niche—buyers are now looking to platforms that guarantee quality, transparency, and brand heritage. Global players are responding to this shift by setting up dedicated operations within the Kingdom. A major boost came in September 2024, when Christie’s acquired a commercial license and announced full-scale operations in Saudi Arabia, with Nour Kelani appointed as Managing Director. Christie’s brought luxury handbags into its offerings, contributing to market formalization and creating space for auctions, appraisals, and resale of high-end designer bags. The move not only boosted buyer confidence but also introduced structured resale mechanisms aligned with global best practices. This elevated the status of handbags from consumable fashion to collectible assets. As Christie’s expands its buyer base and introduces new services, it is reinforcing the resale culture in Saudi Arabia and further maturing the handbag market through globally recognized standards.

Saudi Arabia Handbag Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on product type, material type, and distribution channel.

Product Type Insights:

• Satchel
• Bucket Bag
• Clutch
• Tote Bag
• Others

The report has provided a detailed breakup and analysis of the market based on the product type. This includes satchel, bucket bag, clutch, tote bag, and others.

Material Type Insights:

• Leather
• Fabric
• Rubber
• Others

A detailed breakup and analysis of the market based on the material type have also been provided in the report. This includes leather, fabric, rubber, and others.

Distribution Channel Insights:

• Supermarkets and Hypermarkets
• Departmental Stores
• Specialty Stores
• Discount Stores
• Online Stores
• Others

A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes supermarkets and hypermarkets, departmental stores, specialty stores, discount stores, online stores, and others.

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central region, Western region, Eastern region, and Southern region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Saudi Arabia Handbag Market News:

• February 2025: Sotheby’s held its first major auction in Saudi Arabia, featuring 17 designer handbags among 120 curated items. Hosted in Diriyah, the event marked a milestone for luxury retail exposure, boosting demand and visibility for high-end handbags in the Kingdom’s evolving fashion sector.
• November 2024: Egyptian luxury brand Okhtein opened its first store in Dubai and confirmed plans for a Riyadh boutique in early 2025. Known for its embellished handbags, the expansion marked a strategic step into Saudi Arabia, enhancing luxury handbag availability and market competitiveness.

Saudi Arabia Handbag Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia handbag market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia handbag market on the basis of the product type?
• What is the breakup of the Saudi Arabia handbag market on the basis of material type?
• What is the breakup of the Saudi Arabia handbag market on the basis of distribution channel?
• What is the breakup of the Saudi Arabia handbag market on the basis of region?
• What are the various stages in the value chain of the Saudi Arabia handbag market? 
• What are the key driving factors and challenges in the Saudi Arabia handbag?
• What is the structure of the Saudi Arabia handbag market and who are the key players?
• What is the degree of competition in the Saudi Arabia handbag market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia handbag market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia handbag market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia handbag industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.