In 2024, the luxury handbag market is estimated to be worth US$ 25,642.20 million. Projections suggest that the market will surpass a valuation of US$ 47,237.70 million by 2034, with a growth rate of 6.30% expected from 2024 to 2034.
Social media and specialized luxury marketplaces offer products through a direct-to-consumer channel, reducing reliance on traditional retail channels...
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