Handbag Market Global Industry Growth and Trend Analysis
Handbag Market Size Was Valued at USD 78.28 Billion in 2023, and is Projected to Reach USD 133.20 Billion by 2032, Growing at a CAGR of 6.10% From 2024-2032.
One of the most popular accessories for ladies and one that goes well with any outfit is a handbag. Handbags and purses are the most valued products purchased by consumers. This is since, unlike changing clothes, these products are not changed every day. Furthermore, it is stated that American women own three or more purses, and working women require a minimum of one purse.