Luxury Clutches Market Dynamics 2021-2031
Luxury clutches are describe as a wide range of bags, there is no precise set of qualities or characteristics for luxury clutches. Essentially the luxury 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 luxury clutches market is expected to grow at progressive CAGR during the forecast period. Growing demand for luxury products will be a significant factor for driving the growth of luxury clutches market. With the rising spending power of consumers the need of luxury products including luxury clutch has also increased. Moreover, the rising popularity of celebrity endorsed luxury brands will influence the spending behavior of consumers and boost the sale of luxury 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 luxury clutches market over period. The market is a perfect competition market with the presence of numerous market players and buyers.
MARKET SCOPE
The "Global Luxury 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 luxury clutches market with detailed market segmentation by end user and distribution channel. The global luxury clutches market is expected to rise during the forecast period. The report provides key statistics on the market status of the leading luxury clutches market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global luxury clutches market is segmented on the basis of end user and distribution channel. Based on end user luxury 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 luxury 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 luxury 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 luxury 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 luxury clutches market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global luxury 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 luxury 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 luxury 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 luxury clutches market in these regions.
MARKET PLAYERS
The report covers vital developments in the luxury 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 luxury clutches market are anticipated to lucrative growth opportunities in the future with the rising demand for luxury clutches in the global market. Below mentioned is the list of few companies engaged in the luxury clutches market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the luxury 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.
- Burberry
- Hermes International
- Kering SA
- Dolce and Gabbana Srl.
- Capri Holding Ltd.
- Ralph Lauren Corp.
- Tapestry Inc.
- CHANEL Ltd
- Louis Vuitton
- Global Brands Group Holding Ltd.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Luxury Clutches Market - By End User
1.3.2 Luxury Clutches Market - By Distribution Channel
1.3.3 Luxury Clutches Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LUXURY CLUTCHES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. LUXURY CLUTCHES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. LUXURY CLUTCHES MARKET - GLOBAL MARKET ANALYSIS
6.1. LUXURY CLUTCHES - GLOBAL MARKET OVERVIEW
6.2. LUXURY CLUTCHES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. LUXURY CLUTCHES MARKET - REVENUE AND FORECASTS TO 2028 - END USER
7.1. OVERVIEW
7.2. END USER MARKET FORECASTS AND ANALYSIS
7.3. MEN
7.3.1. Overview
7.3.2. Men Market Forecast and Analysis
7.4. WOMEN
7.4.1. Overview
7.4.2. Women Market Forecast and Analysis
8. LUXURY CLUTCHES MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKET AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarket and Hypermarkets Market Forecast and Analysis
8.4. SPECIALTY STORES
8.4.1. Overview
8.4.2. specialty stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHER
8.6.1. Overview
8.6.2. Other Market Forecast and Analysis
9. LUXURY CLUTCHES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Luxury Clutches Market Overview
9.1.2 North America Luxury Clutches Market Forecasts and Analysis
9.1.3 North America Luxury Clutches Market Forecasts and Analysis - By End User
9.1.4 North America Luxury Clutches Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Luxury Clutches Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Luxury Clutches Market
9.1.5.1.1 Canada Luxury Clutches Market by End User
9.1.5.1.2 Canada Luxury Clutches Market by Distribution Channel
9.1.5.2 Mexico Luxury Clutches Market
9.1.5.2.1 Mexico Luxury Clutches Market by End User
9.1.5.2.2 Mexico Luxury Clutches Market by Distribution Channel
9.1.5.3 US Luxury Clutches Market
9.1.5.3.1 US Luxury Clutches Market by End User
9.1.5.3.2 US Luxury Clutches Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Luxury Clutches Market Overview
9.2.2 Europe Luxury Clutches Market Forecasts and Analysis
9.2.3 Europe Luxury Clutches Market Forecasts and Analysis - By End User
9.2.4 Europe Luxury Clutches Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Luxury Clutches Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Luxury Clutches Market
9.2.5.1.1 Germany Luxury Clutches Market by End User
9.2.5.1.2 Germany Luxury Clutches Market by Distribution Channel
9.2.5.2 France Luxury Clutches Market
9.2.5.2.1 France Luxury Clutches Market by End User
9.2.5.2.2 France Luxury Clutches Market by Distribution Channel
9.2.5.3 Italy Luxury Clutches Market
9.2.5.3.1 Italy Luxury Clutches Market by End User
9.2.5.3.2 Italy Luxury Clutches Market by Distribution Channel
9.2.5.4 United Kingdom Luxury Clutches Market
9.2.5.4.1 United Kingdom Luxury Clutches Market by End User
9.2.5.4.2 United Kingdom Luxury Clutches Market by Distribution Channel
9.2.5.5 Russia Luxury Clutches Market
9.2.5.5.1 Russia Luxury Clutches Market by End User
9.2.5.5.2 Russia Luxury Clutches Market by Distribution Channel
9.2.5.6 Rest of Europe Luxury Clutches Market
9.2.5.6.1 Rest of Europe Luxury Clutches Market by End User
9.2.5.6.2 Rest of Europe Luxury Clutches Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Luxury Clutches Market Overview
9.3.2 Asia-Pacific Luxury Clutches Market Forecasts and Analysis
9.3.3 Asia-Pacific Luxury Clutches Market Forecasts and Analysis - By End User
9.3.4 Asia-Pacific Luxury Clutches Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Luxury Clutches Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Luxury Clutches Market
9.3.5.1.1 Australia Luxury Clutches Market by End User
9.3.5.1.2 Australia Luxury Clutches Market by Distribution Channel
9.3.5.2 China Luxury Clutches Market
9.3.5.2.1 China Luxury Clutches Market by End User
9.3.5.2.2 China Luxury Clutches Market by Distribution Channel
9.3.5.3 India Luxury Clutches Market
9.3.5.3.1 India Luxury Clutches Market by End User
9.3.5.3.2 India Luxury Clutches Market by Distribution Channel
9.3.5.4 Japan Luxury Clutches Market
9.3.5.4.1 Japan Luxury Clutches Market by End User
9.3.5.4.2 Japan Luxury Clutches Market by Distribution Channel
9.3.5.5 South Korea Luxury Clutches Market
9.3.5.5.1 South Korea Luxury Clutches Market by End User
9.3.5.5.2 South Korea Luxury Clutches Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Luxury Clutches Market
9.3.5.6.1 Rest of Asia-Pacific Luxury Clutches Market by End User
9.3.5.6.2 Rest of Asia-Pacific Luxury Clutches Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Luxury Clutches Market Overview
9.4.2 Middle East and Africa Luxury Clutches Market Forecasts and Analysis
9.4.3 Middle East and Africa Luxury Clutches Market Forecasts and Analysis - By End User
9.4.4 Middle East and Africa Luxury Clutches Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Luxury Clutches Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Luxury Clutches Market
9.4.5.1.1 South Africa Luxury Clutches Market by End User
9.4.5.1.2 South Africa Luxury Clutches Market by Distribution Channel
9.4.5.2 Saudi Arabia Luxury Clutches Market
9.4.5.2.1 Saudi Arabia Luxury Clutches Market by End User
9.4.5.2.2 Saudi Arabia Luxury Clutches Market by Distribution Channel
9.4.5.3 U.A.E Luxury Clutches Market
9.4.5.3.1 U.A.E Luxury Clutches Market by End User
9.4.5.3.2 U.A.E Luxury Clutches Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Luxury Clutches Market
9.4.5.4.1 Rest of Middle East and Africa Luxury Clutches Market by End User
9.4.5.4.2 Rest of Middle East and Africa Luxury Clutches Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Luxury Clutches Market Overview
9.5.2 South and Central America Luxury Clutches Market Forecasts and Analysis
9.5.3 South and Central America Luxury Clutches Market Forecasts and Analysis - By End User
9.5.4 South and Central America Luxury Clutches Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Luxury Clutches Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Luxury Clutches Market
9.5.5.1.1 Brazil Luxury Clutches Market by End User
9.5.5.1.2 Brazil Luxury Clutches Market by Distribution Channel
9.5.5.2 Argentina Luxury Clutches Market
9.5.5.2.1 Argentina Luxury Clutches Market by End User
9.5.5.2.2 Argentina Luxury Clutches Market by Distribution Channel
9.5.5.3 Rest of South and Central America Luxury Clutches Market
9.5.5.3.1 Rest of South and Central America Luxury Clutches Market by End User
9.5.5.3.2 Rest of South and Central America Luxury Clutches Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. LUXURY CLUTCHES MARKET, KEY COMPANY PROFILES
11.1. BURBERRY
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HERMES INTERNATIONAL
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. KERING SA
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DOLCE AND GABBANA SRL.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CAPRI HOLDING LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. RALPH LAUREN CORP.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. TAPESTRY INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. CHANEL LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. LOUIS VUITTON
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. GLOBAL BRANDS GROUP HOLDING LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Burberry
2.Hermes International
3.Kering SA
4.Dolce and Gabbana Srl.
5.Capri Holding Ltd.
6.Ralph Lauren Corp.
7.Tapestry Inc.
8.CHANEL Ltd.
9.Louis Vuitton
10.Global Brands Group Holding Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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