Luxury Handbag Market Generating Revenue of $89.9 billion by 2026

Luxury handbag companies have been making several important mergers and acquisitions to expand their operations in both international and domestic market. Exposure to social media, urbanization, and increasing preference toward investments on personal luxury goods, which include bags as well, are some of the factors that have propelled the market growth According to a new …

Luxury Handbag Market to Reach $89.9Bn, Globally, by 2026 – Report Focusing on Opportunities, Drivers and Challenges ,key players

Allied Market Research published a report, titled, “Luxury Handbag Market by Type (Handbag, Backpack, Wallet, and Others), and Distribution Channel (Duty-Free Stores, Online Stores, Discount Stores, Hypermarkets, And Specialty Stores): Global Opportunity Analysis and Industry Forecast, 2019–2026.” According to the report, the global luxury handbag industry was estimated at $58.3 billion in 2018 and is expected to hit $89.9 …