Satchel and Saddle Bags Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Satchel and Saddle Bags Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • June 2021 •
  • 108 pages •
  • Report ID: 5827163 •
  • Format: PDF
The global satchel and saddle bags market is expected to grow at a CAGR of around 5% during the forecast period 2021-2026.

Satchels and saddle bags are a type of cloth gear worn over one shoulder with a strap that goes across the chest and a bag which rests on the lower back. They are a highly desirable fashion accessory for both the genders and are available in a variety of sizes, patterns and colors. Nowadays, gender-specific bags for men and women are also finding immense acceptance among consumers of all age groups.

A thriving fashion accessories industry along with increasing working population across the globe is one of the key factors driving the market growth. Furthermore, a substantial rise in the female workforce participation in both developed and emerging economies has also positively impacted the market. Moreover, consumers are now more inclined to spend on premium and luxury handbags or any other accessories to keep up with the ever-changing fashion trends. Apart from this, these bags are gaining rapid preference among consumers for carrying multiple essential items such as laptops, tablets, wallets and food to their workplace. Moreover, product innovations, such as the launch of creative and visually appealing designs along with eco-friendly bags, are also creating a positive outlook for the market. Other factors contributing significantly to the market growth include rapid urbanization and aggressive promotional activities by manufacturers and the development of the online retail services that provide hassle-free shopping experience while displaying a wide range of options to choose from to the consumers.

This latest report provides a deep insight into the global satchel and saddle bags market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the satchel and saddle bags market in any manner.

Report Coverage:
Historical, Current and Future Market Trends

Market Breakup by Product Type:
Satchel Bags
Saddle Bags

Market Breakup by Gender:
Male
Female

Market Breakup by Material:
Leather
Fabric
Others

Market Breakup by Distribution Channel:
Departmental Stores
Specialty Stores
Online Stores
Supermarkets and Hypermarkets
Discount Stores
Others

Market Breakup by Region:
Asia Pacific
Europe
North America
Middle East and Africa
Latin America

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Coach, Chanel, Burberry Group, Nicole Lee, Etienne Aigner, Furla, Kate Spade, Hermès International, Michael Kors, LVMH, Mulberry, etc.

Key Questions Answered in This Report:
How has the global satchel and saddle bags market performed so far and how will it perform in the coming years?
What are the key regional markets in the global satchel and saddle bags industry?
What has been the impact of COVID-19 on the global satchel and saddle bags industry?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the gender?
What is the breakup of the market based on the material?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the global satchel and saddle bags industry?
What are the key driving factors and challenges in the global satchel and saddle bags industry?
What is the structure of the global satchel and saddle bags industry and who are the key players?
What is the degree of competition in the global satchel and saddle bags industry?