U.S. Handbag Market Size & Outlook, 2026-2033
- Consumer Goods
- Clothing, Footwear & Accessories
- Handbag Market Outlook
- Clothing, Footwear & Accessories
Global Market
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U.S. handbag market highlights
- The U.S. handbag market generated a revenue of USD 16,606.7 million in 2025 and is expected to reach USD 24,752.9 million by 2033.
- The U.S. market is expected to grow at a CAGR of 5.2% 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 16,606.7 million |
| Market revenue in 2033 | USD 24,752.9 million |
| Growth rate | 5.2% (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, U.S. accounted for 19.1% 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 North America, U.S. handbag market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 3,733.1 million by 2033.
The increasing usage of handbags by working-class women is projected to be a prominent trend in the market. Furthermore, the product's demand in the U.S. has been fueled by the tremendous rise of the corporate and organized sectors. The applications of tote bags are increasing. For instance, beach bags, work bags, office bags, school bags, gym bags, shopping bags, laptop bags, and baby bags are all possibilities.
Totes have become a popular alternative to plastic bags. A reusable tote bag is no longer limited to supermarket shopping. These can now be employed in a variety of situations in daily life. Tote bags are fashionable, long lasting, and easy to carry. They can also sustain a significant amount of weight.
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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 |
U.S. 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 65.65% in 2025.
Horizon Databook has segmented the U.S. handbag market based on leather, fabric covering the revenue growth of each sub-segment from 2021 to 2033.
The increasing usage of handbags by working-class women is projected to be a prominent trend in the market. Furthermore, the product's demand in the U.S. has been fueled by the tremendous rise of the corporate and organized sectors. The applications of tote bags are increasing. For instance, beach bags, work bags, office bags, school bags, gym bags, shopping bags, laptop bags, and baby bags are all possibilities.
Totes have become a popular alternative to plastic bags. A reusable tote bag is no longer limited to supermarket shopping. These can now be employed in a variety of situations in daily life. Tote bags are fashionable, long lasting, and easy to carry. They can also sustain a significant amount of weight.
- U.S. Handbag Market Raw Material Outlook (Revenue, USD Million , 2021-2033)
- Leather
- Fabric
- Others
- U.S. Handbag Market Product Outlook (Revenue, USD Million , 2021-2033)
- Tote Bag
- Clutch
- Satchel
- Others
- U.S. 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 U.S. Handbag Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Handbag Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
U.S. Handbag Market, 2021-2033 (US$M)
US Raw Material - Handbag Market Statistics, 2025 - 2033 (US$M)
