Market Scope
In 2021, the luxury handbags market size was estimated at USD 30,849.5 million. According to projections, the market for luxury handbags will increase from USD 33,070.66 million in 2022 to USD 53,802.99 million in 2030, with a compound annual growth rate (CAGR) of 7.20% over the five-year forecast period (2022–2030). Key market drivers promoting market expansion include...
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