Market Overview:
The global shoulder bags market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to various factors such as an increase in disposable income, changing lifestyle and fashion trends, and rising demand for luxury products. Additionally, the increasing popularity of online retailing is also contributing to the growth of this market. On the basis of type, single shoulder bags accounted for a major share of the global shoulder bags market in 2017. This segment is projected to grow at a CAGR of 5.8% during 2018-2030 owing to its convenience and easy portability. Backpack shoulder bags are also gaining traction due to their growing popularity among millennials who prefer versatile products that can be used for multiple purposes.
Product Definition:
Shoulder bags are a type of bag that is carried over one shoulder. They are often used to carry items such as books, laptops, and groceries.
Single Shoulder Bags:
Single Shoulder Bags are also known as S-Bags, they are designed to carry only one item at a time. They have advantages over traditional shoulder bags in terms of storage and organization. Single shoulder bags offer more internal space than their counterparts due to the absence of an internal frame or structure that occupies space within the bag.
Backpack:
The backpack is a luggage carrier, which is used to carry school supplies, sports equipment or personal belongings. It can be used by children and adults for short as well as long term traveling purposes. The growing trend of online shopping has led to an increase in the demand for backpacks due to ease of product selection and delivery.
Application Insights:
The supermarkets and hypermarkets application segment led the global shoulder bags market in 2017. This is attributed to increasing consumer spending on luxury goods, trend of organic shopping, and rising disposable income owing to economic recovery post-2016 crash. Shoulder bags are convenient options for consumers who have a hectic daily schedule due to work or personal commitments. They provide easy access to products sold in the refrigerator section without having to bend down or reach into deep shelves which helps prevent back problems among older people as well as keep fit by remaining active throughout the day.
Specialist retailers accounted for 21% share of the overall revenue in 2017 owing to their focus on providing premium customer experience along with product innovation, brand promotion, advertising campaigns by various brands through social media influencers driving awareness about their availability online at cheaper prices than actual stores do.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to increasing online retail sales and growing consumer awareness about health and safety issues. Furthermore, rising popularity of e-commerce among consumers is expected to propel the demand for online shopping platforms, thereby driving the demand for shoulder bags over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to increasing disposable income levels in developing countries such as China and India. Moreover, changing lifestyle habits such as eating habits along with rapid urbanization are anticipated to drive regional product demand over the forecast period. Increasing spending on luxury goods by high-income groups has also contributed significantly toward industry expansion in Asia Pacific thus far into 2018 and it is likely that trend will continue throughout this year as well due to Christmas season rush which usually occurs around mid January every year (based on historical data).
Growth Factors:
- Increasing demand for shoulder bags from the fashion industry as a convenient and stylish accessory.
- Rising popularity of online shopping, which has led to an increase in demand for shoulder bags as lightweight and easy-to-carry alternatives to traditional handbags.
- Growing number of women working in professional environments, who prefer shoulder bags over other types of handbags as they are more practical for carrying work documents and other essentials.
- Increasing awareness among consumers about the health benefits of using ergonomic shoulder bags, which have been designed to distribute weight evenly across the body and reduce stress on the neck and shoulders.
- Proliferation of affordable luxury brands that offer high-quality designer shoulder bags at competitive prices, making them more accessible to a wider range of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Shoulder Bags Market Research Report
By Type
Single Shoulder Bags, Backpack
By Application
Supermarkets and Hypermarkets, Specialist Retailers, Independent Retailers, Online Retailers
By Companies
Chanel, Hermes International, Coach, LVMH, Burberry Group, ART - BERG, Goyard, Kate Spade, Dolce & Gabbana, Ferrari, Michael Kors, Mulberry, Prada, Adidas, Puma, Donna Karan International, Ralph Lauren, Tory Burch, Gerard Darel, Alfred Dunhill, Boconi, Bottega Veneta
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Shoulder Bags Market Report Segments:
The global Shoulder Bags market is segmented on the basis of:
Types
Single Shoulder Bags, Backpack
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets and Hypermarkets, Specialist Retailers, Independent Retailers, Online Retailers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chanel
- Hermes International
- Coach
- LVMH
- Burberry Group
- ART - BERG
- Goyard
- Kate Spade
- Dolce & Gabbana
- Ferrari
- Michael Kors
- Mulberry
- Prada
- Adidas
- Puma
- Donna Karan International
- Ralph Lauren
- Tory Burch
- Gerard Darel
- Alfred Dunhill
- Boconi
- Bottega Veneta
Highlights of The Shoulder Bags Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Shoulder Bags
- Backpack
- By Application:
- Supermarkets and Hypermarkets
- Specialist Retailers
- Independent Retailers
- Online Retailers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Shoulder Bags Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Shoulder bags are a type of bag that is worn on the shoulder. They are often used to carry items such as a laptop, phone, and other small items.
Some of the major companies in the shoulder bags market are Chanel, Hermes International, Coach, LVMH, Burberry Group, ART - BERG, Goyard, Kate Spade, Dolce & Gabbana, Ferrari, Michael Kors, Mulberry, Prada, Adidas, Puma, Donna Karan International, Ralph Lauren, Tory Burch, Gerard Darel, Alfred Dunhill, Boconi, Bottega Veneta.
The shoulder bags market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Shoulder Bags Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Shoulder Bags Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Shoulder Bags Market - Supply Chain
4.5. Global Shoulder Bags Market Forecast
4.5.1. Shoulder Bags Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Shoulder Bags Market Size (000 Units) and Y-o-Y Growth
4.5.3. Shoulder Bags Market Absolute $ Opportunity
5. Global Shoulder Bags Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Shoulder Bags Market Size and Volume Forecast by Type
5.3.1. Single Shoulder Bags
5.3.2. Backpack
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Shoulder Bags Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Shoulder Bags Market Size and Volume Forecast by Application
6.3.1. Supermarkets and Hypermarkets
6.3.2. Specialist Retailers
6.3.3. Independent Retailers
6.3.4. Online Retailers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Shoulder Bags Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Shoulder Bags Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Shoulder Bags Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Shoulder Bags Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Shoulder Bags Demand Share Forecast, 2019-2026
9. North America Shoulder Bags Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Shoulder Bags Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Shoulder Bags Market Size and Volume Forecast by Application
9.4.1. Supermarkets and Hypermarkets
9.4.2. Specialist Retailers
9.4.3. Independent Retailers
9.4.4. Online Retailers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Shoulder Bags Market Size and Volume Forecast by Type
9.7.1. Single Shoulder Bags
9.7.2. Backpack
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Shoulder Bags Demand Share Forecast, 2019-2026
10. Latin America Shoulder Bags Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Shoulder Bags Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Shoulder Bags Market Size and Volume Forecast by Application
10.4.1. Supermarkets and Hypermarkets
10.4.2. Specialist Retailers
10.4.3. Independent Retailers
10.4.4. Online Retailers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Shoulder Bags Market Size and Volume Forecast by Type
10.7.1. Single Shoulder Bags
10.7.2. Backpack
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Shoulder Bags Demand Share Forecast, 2019-2026
11. Europe Shoulder Bags Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Shoulder Bags Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Shoulder Bags Market Size and Volume Forecast by Application
11.4.1. Supermarkets and Hypermarkets
11.4.2. Specialist Retailers
11.4.3. Independent Retailers
11.4.4. Online Retailers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Shoulder Bags Market Size and Volume Forecast by Type
11.7.1. Single Shoulder Bags
11.7.2. Backpack
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections byType
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Shoulder Bags Demand Share, 2019-2026
12. Asia Pacific Shoulder Bags Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Shoulder Bags Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Shoulder Bags Market Size and Volume Forecast by Application
12.4.1. Supermarkets and Hypermarkets
12.4.2. Specialist Retailers
12.4.3. Independent Retailers
12.4.4. Online Retailers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Shoulder Bags Market Size and Volume Forecast by Type
12.7.1. Single Shoulder Bags
12.7.2. Backpack
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Shoulder Bags Demand Share, 2019-2026
13. Middle East & Africa Shoulder Bags Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Shoulder Bags Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Shoulder Bags Market Size and Volume Forecast by Application
13.4.1. Supermarkets and Hypermarkets
13.4.2. Specialist Retailers
13.4.3. Independent Retailers
13.4.4. Online Retailers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Shoulder Bags Market Size and Volume Forecast by Type
13.7.1. Single Shoulder Bags
13.7.2. Backpack
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Shoulder Bags Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Shoulder Bags Market: Market Share Analysis
14.2. Shoulder Bags Distributors and Customers
14.3. Shoulder Bags Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chanel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hermes International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Coach
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LVMH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Burberry Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ART - BERG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Goyard
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kate Spade
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dolce & Gabbana
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ferrari
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Michael Kors
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mulberry
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Prada
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Adidas
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Puma
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Donna Karan International
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ralph Lauren
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Tory Burch
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Gerard Darel
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Alfred Dunhill
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
