Mixed bag: The popularity of online shopping has boosted revenue, despite high competition

IBISWorld’s Online Handbag and Luggage Sales market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Analysis & Industry Trends

The Online Handbag and Luggage Sales industry has grown strongly over the past five years, assisted by the growing popularity of online shopping. While the industry is small compared with the overall online retail market, it provides consumers with a new shopping avenue that offers more affordable prices and a larger range of handbags and luggage than traditional bricks-and-mortar establishments. The proliferation of internet connectivity and rising mobile data consumption have expanded the industry's reach to downstream markets.

Over the past five years, industry revenue has increased by an annualised 14.3% to total $104.2 million. Strong competition from bricks-and-mortar retailers has constrained industry growth...

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What is the Online Handbag and Luggage Sales industry?

The Online Handbag and Luggage Sales industry is characterised by a low level of market share concentration with the top four players accounting for less than 25% of industry revenue. Larger industry players, such as Oroton and Strandbags, have both bricks-and-mortar and online sales. These retail specialists of handbags, luggage, satchels and wallets, are able to leverage off their existing supply-chain operations and thus exert significant dominance over the industry. Their strong presence outside of the online space also enables them to use their size, economies of scale and large customer base to direct consumers to their online channels. Str...

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Products & Brands

Major products in this industry
Wallets and purses
Luggage and briefcases
Backpacks and satchels
Examples of brands in this Industry

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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