Luxury handbags products are expected to sell well in 2021 even though Australian borders remained closed as a result of the COVID-19 crisis. While the luxury segment has been hit by the marked fall in inbound tourism resulting from the pandemic, it has seen an upturn in domestic spending. With fewer people travelling and limitations on other potential spending opportunities, Australian consumers have spent more on luxury items. Moreover, consumers’ willingness to spend on luxury products has be...
Euromonitor International's Bags and Luggagein Australia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2016-2020), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2025 illustrate how the market is set to change.
Product coverage: Bags, Luggage.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Bags and Luggage market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
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