Report Update Feb 1, 2025

Southern Asia - Handbags - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Southern Asia: Handbag Market 2025

Handbag Market Size in Southern Asia

In 2022, the South Asian handbag market decreased by -5% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption recorded a perceptible curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Handbag Production in Southern Asia

In value terms, handbag production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 25%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Handbag Exports

Exports in Southern Asia

For the ninth year in a row, Southern Asia recorded growth in shipments abroad of handbags, which increased by 31% to X units in 2022. Over the period under review, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, handbag exports skyrocketed to $X in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

The biggest shipments were from India (X units), together recording 98% of total export.

India was also the fastest-growing in terms of the handbags exports, with a CAGR of +13.3% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest handbag supplier in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled +7.7%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, declining by -8.5% against the previous year. Over the period under review, the export price showed a pronounced decline. The pace of growth was the most pronounced in 2013 when the export price increased by 22%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -4.9% per year.

Handbag Imports

Imports in Southern Asia

In 2022, the amount of handbags imported in Southern Asia surged to X units, jumping by 52% against 2021. In general, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, handbag imports skyrocketed to $X in 2022. Over the period under review, imports posted resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 72%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

India prevails in imports structure, reaching X units, which was approx. 96% of total imports in 2022. Nepal (X units) followed a long way behind the leaders.

India was also the fastest-growing in terms of the handbags imports, with a CAGR of +24.2% from 2012 to 2022. Nepal (-6.9%) illustrated a downward trend over the same period. India (+31 p.p.) significantly strengthened its position in terms of the total imports, while Nepal saw its share reduced by -19.7% from 2012 to 2022, respectively.

In value terms, India ($X) constitutes the largest market for imported handbags in Southern Asia, comprising 86% of total imports. The second position in the ranking was held by Nepal ($X), with a 2% share of total imports.

In India, handbag imports increased at an average annual rate of +11.0% over the period from 2012-2022.

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, declining by -15% against the previous year. In general, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 an increase of 14% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nepal ($X per unit), while India amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (-8.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for handbags in Southern Asia?

The countries with the highest volumes of in 2021 were India, Pakistan and Bangladesh, together comprising 95% of total consumption. Sri Lanka and Nepal lagged somewhat behind, together accounting for a further 5.1%.

What are the largest producers of handbags in Southern Asia?

India remains the largest handbag producing country in Southern Asia, accounting for 56% of total volume. Moreover, handbag production in India exceeded the figures recorded by the second-largest producer, Pakistan, threefold. Bangladesh ranked third in terms of total production with an 18% share.

What are the leading exporters of handbags in Southern Asia?

In value terms, India remains the largest handbag supplier in Southern Asia, comprising 92% of total exports. The second position in the ranking was occupied by Bangladesh, with a 6% share of total exports.

What are the leading importers of handbags in Southern Asia?

In value terms, India constitutes the largest market for imported handbags in Southern Asia, comprising 81% of total imports. The second position in the ranking was occupied by Pakistan, with a 7.8% share of total imports. It was followed by Bangladesh, with a 7% share.

What is the average export price for handbags in Southern Asia?

The export price in Southern Asia stood at $24,130 per ton in 2021, shrinking by -40.6% against the previous year.

What is the average import price for handbags in Southern Asia?

In 2021, the import price in Southern Asia amounted to $16,918 per ton, rising by 43% against the previous year.

This report provides an in-depth analysis of the handbag market in Southern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 15121220 - Handbags of leather, composition leather, patent leather, p lastic sheeting, textile materials or other materials (including those without a handle)

Country coverage:

Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Southern Asia, split by region and country
Trade (exports and imports) in Southern Asia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024