Technavio recognizes the following companies as the key players in Handbags Market in France 2015-2019: Chanel SA, Christian Dior SA, Coach Inc, Guccio Gucci SpA, Hermès International SA, Longchamp SAS, LVMHMoët Hennessy, Michael KorsInc, Mulberry Group plc and PRADA SpA.
Other Prominent Vendors in the market are: Adidas, Aldo, Alfred Dunhill, Aspinal of London, Boconi , Bottega Veneta, Buggatti , C & J Clark International, Cambridge British Satchel Company, Crew Clothing, Dolce & Gabbana, Donna Karan International (DKNY), Ferrari , Fossil, French Connection, Gianni Versace, Goyard, Guess, Gerard Darel, Iconix Brand Group, Incra srl (Calabrese), Jerome Dreyfuss, Kenneth Cole Productions, L.Credi , La Petite Mendigote, Lipault Paris, Lulu Guinness, Mandarina Duck, McKlein, US-based wholesaler and retailer for luggage goods and handbags, New Look Retailers, Nicole Lee, Paul Costelloe, Paul Smith, PUIG, Puma, Ralph Lauren, River Island, Russell & Bromley, Smythson, TLG Brands, Vanessa Bruno and VF
Commenting on the report, an analyst from Technavio’s team said: “The highly competitive nature of the handbags market and an increase in the number of consumers who are aware of the latest developments in fashion and technology are compelling vendors to come up with innovative products and services to get an edge over competitors. Vendors, especially those catering to niche segments or particular geographies, have to bring in more options for consumers, such as customized and personalized handbags. For instance, Tagger Bags, a Netherlands-based manufacturer, offers a platform wherein consumers can choose key features such as strap style, color, and flap before they assemble the product and deliver. Many vendors offer a wide variety of choices in designs or prints for consumers to choose from, creating demand in the market.”
According to the report, the improving macroeconomic conditions and reviving economy in France has led to increase in consumer income levels. Rising income is expected to influence consumer purchasing behavior and increase consumer spending on handbags, including luxury handbags and affordable luggage products, especially among working women.
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 study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/handbags-market-in-france-2015-2019
Technavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit- https://www.technavio.com/healthcare-chemicals-food-retail
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