Koncept Analytics: Handbags Market Report - 2009 Edition on reports-research.com

With handbags production being shifted to low-cost countries like India, China and the simultaneous emerging of new channels of distribution like online retailing, ...
Spread the Word
Listed Under

Eco Friendly


Cologne - North Rhine-Westphalia - Germany

Jan. 21, 2010 - PRLog -- the handbags market has witnessed a sea change over the last few years, which has resulted in the entire shift in its value chain. Also, change in the consumer preferences like growing demand for eco-friendly handbags has forced the companies to change and adapt their strategies according to the changing consumer preferences.

EU handbags market consists of six major markets i.e. Italy, France, UK, Germany, Spain and Netherlands accounting for the majority share in sales and production of handbags. In EU, majority of handbags are sold through specialist chain and independent retailers.

The US handbags market has witnessed a decline in 2008 breaking the growth trend since 2003 as a result of recessionary conditions prevailing in the US as well as rest of the world which not only resulted in fall in demand domestically but also resulted in fall in export demand for the branded handbags.

The key trends witnessed both in the US and EU handbag market is the growing demand for branded handbags from China and India as per capita income is rising in these markets fueled by high economic growth rates. Another trend witnessed is the growing importance of eco-fashion, resulting in the shift in consumer preferences. This has resulted in a shift in manufacturing process, as some handbags now being made from old wrappers, cartons and other waste materials.

In this report Koncept Analytics predicts the future growth of the industry and employes various significant variables that have an impact on this industry and creates regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

Koncept Analytics: Handbags Market Report - 2009 Edition:

Koncept Analytics: More market data and market reports:

# # #

markt-studie.de, founded in 2002 has emerged as a leading online portal for market surveys and market research in German speaking areas. Four years later the English language portal reports-research.com was introduced due to the extraordinary success of the portal. Again one year later estudio-mercado.es - the Spanish spoken portal - was founded. The objective of the three portals is to competently and efficiently support consultants and decision makers in management, sales and marketing in the search for worldwide market research. Prospective buyers can look into more than 60,000 market market market surveys from more than 200 international publishers, current market data for more than 6,000 branches worldwide, 10,000 company profiles as well as a free-of-charge research and recommendation service for individual market research.
Email:***@markt-studie.de Email Verified
Phone:++49 (0)221 677 897 32
Tags:Handbag, Fashion, Accessory, Eco Friendly
Industry:Fashion, Retail
Location:Cologne - North Rhine-Westphalia - Germany
Account Email Address Verified     Disclaimer     Report Abuse

Like PRLog?
Click to Share