Handbags Market in Brazil in terms of revenue and volume grow at CAGRs of 3.17% over the period 2014-2019; Finds New Report

Report forecast the Handbags market in Brazil in terms of revenue and volume grow at CAGRs of 3.17 percent and 2.88 percent, respectively, over the period 2014-2019.

The Handbags market in Brazil is witnessing a steady growth and is expected to grow at a steady rate during the forecast period. The demand for handbags is rising in Brazil with the increasing demand for affordable luxury handbags. The presence of numerous brands and their easy availability through retail stores and online retail channels increased the demand for handbags among consumers in Brazil. The Handbags market in Brazil was dominated by the Purses and Wallet segment in 2014 in terms volume, and in terms of revenue, the market was dominated by the Totes segment.

The Handbags market in Brazil can be segmented into four: Totes, Shoulder Bags, Purses and Wallets, Satchels and Saddles. Totes was the largest segment in terms of revenue and accounted for approximately 29 percent of the market in 2014.

According to the report, the Brazilian economy has recovered from the recession, unemployment has declined, the stock market is reporting record highs, and house prices have improved. As a result, Brazilians are spending more on expensive clothing, accessories, and jewelry and beauty products. Consequently, with the improving economy, consumers are spending more on handbags.

Further, the report states that one of the main challenges hindering the growth of the market is the increasing competition from counterfeit or fake products.

The Handbags Market in Brazil 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the landscape of the Handbags market in Brazil and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

key players in Handbags Market in Brazil 2015-2019: Arezzo & Co, Chanel, Christian Dior, Coach, D&G, Hermes International, LVMH, Michael Kors, Mulberry, Novica, Prada and Tory Burch.

Other Prominent Vendors in the market are: Armani, Artifact Bag Co, AU, BAGGU, BAGSTIL, Brynn Capella, Burrow & Hive, Calleen Cordero, Calvin Klein, Fendi, Holly Aiken, ITZALULU, J.W. Hulme, LexiWynn, Lola Falk, MaddyMoo, Merci-Fortune, Michelle Vale, Oak73, Rebecca Ray Designs, SEA BAGS, Stone Mountain, The Frye, Tori Nicole, Versace, Victor Hugo and Victoria Leather.

Market Driver

• Demand for Affordable Luxury Brands
• For a full, detailed list, view our report

Market Challenge

• Competition from Local Brands and Availability of Counterfeit Products
• For a full, detailed list, view our report

Market Trend

• Acceptance of Handbags as a Fashion/Lifestyle Product
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 169 pages and 84 Exhibits “Handbags Market in Brazil 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Luggage Industry-Overview, Factors Affecting Luggage Industry, PEST Analysis, Introduction, Country Profile, Market Landscape, Market Segmentation by Products, Market Segmentation by Distribution Channel, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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