Clutches Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Clutches are describe as a wide range of bags, there is no precise set of qualities or characteristics that can defines it. Essentially the clutch bag is small, flat handbag, without handle or strap, however there are large bags, with a handle or detached straps which are describe as clutch bag. It is available in many shapes and sizes and used to carry personal items.

MARKET DYNAMICS

The global clutches market is expected to grow at progressive CAGR during the forecast period. Increasing spending on personal goods, rising disposable income growing demand for premium leather products and increasing population of working women are some significant factors contributing to clutch bag market growth. Major clutches market growth came from offline distribution channel segment. Offline retail store allows consumer to choose from a wide range of clutches of various brands and categories based on their budget and requirements. The convenience offered by retails will boost the sale of clutches. However fluctuating raw material cost, the presence of counterfeit products and stringent government regulations on procuring raw material such as leather may hammer the growth of clutches market over period. The market is a perfect competition market with the presence of numerous market players and buyers.

MARKET SCOPE

The "Global Clutches Market Analysis to 2031" is a specialized and in-depth study of the Consumer Goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the clutches market with detailed market segmentation by material, end user and distribution channel. The global clutches market is expected to rise during the forecast period. The report provides key statistics on the market status of the leading clutches market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global clutches market is segmented on the basis of material, end user and distribution channel. On the basis of material the market is segmented into canvas, leather, silk, cotton and other. Based on end user clutches market is segmented into men and women. On the basis of distribution channel, the market is bifurcated into supermarkets and hypermarkets, specialty stores, online retail, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global clutches market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The clutches market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the clutches market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the clutches market in these regions.

MARKET PLAYERS

The report covers vital developments in the clutches market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the clutches market are anticipated to lucrative growth opportunities in the future with the rising demand for clutches in the global market. Below mentioned is the list of few companies engaged in the clutches market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the clutches market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years

  Dolce and Gabbana Srl.

  Capri Holding Ltd.

  Ralph Lauren Corp.

  Prada

  Kate Spade

  CHANEL Ltd

  Gucci

  Herms International

  Jimmy Choo PLC

  Machael Kors
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Clutches Report Scope

Report Attribute	Details
Market size in 2023	US$ XX Million
Market Size by 2031	US$ XX Million
Global CAGR (2023 - 2031)	XX%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Material Type Canvas Silk Leather Cotton By End User Men Women By Distribution Channel Supermarkets and Hypermarkets Specialty Stores Online Retail
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Kate Spade Michael Kors CHANEL Ltd. Gucci Herms International Jimmy Choo PLC. Prada Dolce and Gabbana Srl. Capri Holding Ltd.