Luxury handbags are amongst the fastest growing segments in the overall luxury goods market. Even though the market offers products for both men and women, it is predominantly seen as women-oriented. This is owing to the relatively larger number of options with respect to patterns, colors, and sizes for women. The market is characterized by the presence of dynamic market players and increased merger & acquisition activities in recent times. Although the market is highly susceptible to economic downturns, it is expected to grow at a healthy rate during the forecast period primarily driven by strong performance by international luxury brands in emerging markets. There are many factors driving the global luxury handbag market . The rising disposable income in emerging economies and growing preference for high end luxury branded goods are expected to be major drivers of growth for the market. Growth in the number of working women and high net worth individuals are also expected to ad...