India Handbag Market Size & Outlook, 2026-2033
Global Market
Related Markets
India handbag market highlights
- The India handbag market generated a revenue of USD 5,834.9 million in 2025 and is expected to reach USD 11,503.5 million by 2033.
- The India market is expected to grow at a CAGR of 8.9% from 2026 to 2033.
- In terms of segment, leather was the largest revenue generating raw material in 2025.
- Leather is the most lucrative raw material segment registering the fastest growth during the forecast period.
Handbag market data book summary
| Market revenue in 2025 | USD 5,834.9 million |
| Market revenue in 2033 | USD 11,503.5 million |
| Growth rate | 8.9% (CAGR from 2026 to 2033) |
| Largest segment | Leather |
| Fastest growing segment | Leather |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Leather, Fabric |
| Key market players worldwide | Lvmh Moet Hennessy Louis Vuitton SE, Hermes International SA, Capri Holdings Ltd, Fossil Group Inc, Kering SA, Prada SpA, Burberry Group PLC, Tapestry Inc, CHANEL, Compagnie Financiere Richemont SA Class A |
Other key industry trends
- In terms of revenue, India accounted for 6.7% of the global handbag market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China handbag market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 11,503.5 million by 2033.
Factors such as increasing disposable income, improving quality of life, and rising expansion of companies selling clothing and accessories in the country have been driving the handbag market over the past few years and will continue to do so throughout the forecast period. Consumers in the country have been showing a growing inclination for fashionable.
The demand for various handbags is due to the presence of established players in India, like Da Milano, Baggit, Caprese, Hidesign, Lavie, Ladida, and The House of Tara. For instance, Da Milano is one of the top handbag brands in India at present, with more than six decades of experience in the leather goods industry and products that feature cutting-edge technology, innovation, and timeless sophistication.
The brand also sells travel bags, portfolio bags, wallets, and other accessories in addition to handbags. As of 2020, Da Milano maintained 44 self-operated retail locations in 10 cities across India, with aspirations to expand to 100 retail outlets in more than 34 cities in the next five years.
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Publish Date: Apr 27, 2026
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Handbag Market Scope
Handbag Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Kering SA | View profile | 49,000 | 40 Rue de Sevres, Paris, France, 75007 | www.kering.com |
| Lvmh Moet Hennessy Louis Vuitton SE | View profile | 192,346 | 22, Avenue Montaigne, Paris, France, 75008 | www.lvmh.com |
| Fossil Group Inc | View profile | 6,100 | 901 S. Central Expressway, Richardson, TX, United States, 75080 | www.fossilgroup.com |
| Capri Holdings Ltd | View profile | 15,100 | 90 Whitfield Street, 2nd Floor, London, United Kingdom, W1T 4EZ | www.capriholdings.com |
| Burberry Group PLC | View profile | 9,336 | Horseferry Road, Horseferry House, London, United Kingdom, SW1P 2AW | www.burberryplc.com |
| Compagnie Financiere Richemont SA Class A | View profile | 37,117 | 50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, Switzerland, 1293 | www.richemont.com |
| Prada SpA | View profile | 14,876 | Via Antonio Fogazzaro, 28, Milan, Italy, 20135 | www.pradagroup.com |
| CHANEL | View profile | 10001+ | Neuilly-sur-seine, Ile-de-France, France, Europe | www.chanel.com/us/ |
| Hermes International SA | View profile | 22,067 | 24 rue du Faubourg Saint Honore, Paris, France, 75008 | www.hermes.com |
| Tapestry Inc | View profile | 20,600 | 10 Hudson Yards, New York, NY, United States, 10001 | www.tapestry.com |
India Handbag Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Handbag Market Outlook will help companies and investors design strategic landscapes.
Leather was the largest segment with a revenue share of 61.9% in 2025.
Horizon Databook has segmented the India handbag market based on leather, fabric covering the revenue growth of each sub-segment from 2021 to 2033.
Factors such as increasing disposable income, improving quality of life, and rising expansion of companies selling clothing and accessories in the country have been driving the handbag market over the past few years and will continue to do so throughout the forecast period. Consumers in the country have been showing a growing inclination for fashionable.
The demand for various handbags is due to the presence of established players in India, like Da Milano, Baggit, Caprese, Hidesign, Lavie, Ladida, and The House of Tara. For instance, Da Milano is one of the top handbag brands in India at present, with more than six decades of experience in the leather goods industry and products that feature cutting-edge technology, innovation, and timeless sophistication.
The brand also sells travel bags, portfolio bags, wallets, and other accessories in addition to handbags. As of 2020, Da Milano maintained 44 self-operated retail locations in 10 cities across India, with aspirations to expand to 100 retail outlets in more than 34 cities in the next five years.
- India Handbag Market Raw Material Outlook (Revenue, USD Million , 2021-2033)
- Leather
- Fabric
- Others
- India Handbag Market Product Outlook (Revenue, USD Million , 2021-2033)
- Tote Bag
- Clutch
- Satchel
- Others
- India Handbag Market Distribution Channel Outlook (Revenue, USD Million , 2021-2033)
- Online
- Offline
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Horizon Databook provides a detailed overview of country-level data and insights on the India Handbag Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Handbag Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
India Handbag Market, 2021-2033 (US$M)
India handbag market statistics, by raw material, 2021-2033 (US$M)
