Market Share of Handbags Industry
The market studied is competitive, with many regional and global players operating in the market studied. The major strategies adopted by these companies include product innovations, expansions, and mergers and acquisitions. The major players dominating the handbag market are Burberry Group PLC, Prada Holding BV, Fossil Group, Inc., Michael Kors, and Gucci. An advanced distribution network provides a competitive advantage to the key market players. Moreover, players focus on continuous innovation to operate and grow in the market and cater to the rapidly changing consumer demands and preferences.
Handbag Market Leaders
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Michael Kors
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Burberry Group PLC
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Prada Holding BV
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Fossil Group, Inc.
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Guccio Gucci S.p.A
*Disclaimer: Major Players sorted in no particular order
