Data Bridge Market Research analyses that the luxury handbag market is expected to undergo a CAGR of 8.20% during the forecast period. This indicates that the market value, which was USD 22.61 billion in 2021, would rocket up to USD 42.48 billion by 2029. “Handbag” dominates the type segment of the luxury handbag market owing to the rising number of fashion-conscious consumers globally.
Industry Analysis
The global Luxury Handbag Market is segmented on the basis of service type, solution, transportation type, vehicle type, application platform, requirement type, organization size, and usage. The growth among segments helps to analyze niche pockets of growth and strategies to approach the market and determine core application areas and the differences in the target markets.
Car sharing accounts for the largest service type segment in the respective market as it serves most applications. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Mobility as a service is a consumer-centric model for providing people with transportation. The service refers to the integration of transportation methods such as car and bike sharing, taxis, and car rentals/leases through digital channels, allowing consumers to plan, book, and pay for a variety of mobility services. The main idea behind developing MaaS is to provide travelers with mobility solutions based on their travel requirements.
Global Luxury Handbag Market Scope
The Luxury Handbag Market is segmented on the basis of service type, solution, transportation type, vehicle type, application platform, requirement type, organization size and usage. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
On the basis of service type, the mobility as a service market is segmented into
· Car sharing,
· Bus sharing,
· Train,
· Ride hailing,
· Bi-cycle sharing,
· Self-driving cars
· Others.
On the basis of solution, the mobility as a service market is segmented into
· Navigation solutions,
· Ticketing solutions,
· Technology platforms,
· Insurance services,
· Telecom connectivity providers
· Payment engines.
On the basis of transportation type, the mobility as a service market is segmented into
· Public
· Private.
On the basis of vehicle type, the mobility as a service market is segmented into
· Four wheelers,
· Bus,
· train
· Micro mobility.
On the basis of application platform, the mobility as a service market is segmented into
· IOS,
· Android
· Others.
On the basis of requirement type, the mobility as a service market is segmented into
· First
· Last mile connectivity,
· Off-peak and shift work commute,
· Daily commuter,
· Airport or mass transit stations trips,
· Inter-city trips
· Others.
On the basis of organization size, the mobility as a service market is segmented into
· Large enterprises
· Small enterprises
· Medium size enterprises (SMES).
On the basis of usage, the mobility as a service market is segmented into
· Personal.
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Global Luxury Handbag Market Country Analysis/Insights
The global Luxury Handbag Market is analysed and market size insights and trends are provided by country, service type, solution, transportation type, vehicle type, application platform, requirement type, organization size, and usage as referred to above.
The countries covered in the global Luxury Handbag Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the global Luxury Handbag Market and will continue to flourish its trend of dominance during the forecast period due to the deployment of EMV chips by users for payment and transactions in this region.
Asia-Pacific is expected to grow during the forecast period 2023-2030 due to the rise in penetration of internet and the growing utilization of mobile data for various applications including social media and mobile banking in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Mobility as a Service MaaS) Market Share Analysis
The Luxury Handbag Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to mobility as a service (MaaS) market.
Some of the major players operating in the Luxury Handbag Market are:
· Avis budget group (U.S.)
· car2go NA, LLC (U.S.)
· Beijing Xiaoju Technology Co, Ltd. (China)
· Mobiag (Portugal)
· movmi Shared Transportation Services Inc. (Canada)
· Uber Technologies Inc. (U.S.)
· ANI Technologies Pvt. Ltd. (India)
· Lyft, Inc. (U.S.)
· Careem (UAE)
· Bolt Technology OÜ (Estonia)
· Gett (U.K.)
· HERTZ SYSTEM, INC. (U.S.)
· Aptiv (Ireland)
· Enterprise Holdings Inc. (U.S.)
· MOBIKO (Germany)
· Europcar (France)
· Curb Mobility (U.S.)
· BlaBlaCar (France)
· Wingz (U.S.)
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MAJOR TOC OF THE REPORT
Ø Chapter One: Introduction
Ø Chapter Two: Market Segmentation
Ø Chapter Three: Market Overview
Ø Chapter Four: Executive Summary
Ø Chapter Five: Premium Insights
Ø Chapter Six: Luxury Handbag Market by Product & Procedure type
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