Global Satchel and Saddle Bags Market to Reach USD 575.8 Million by 2033, Impelled by Significant Growth in Fashion Industry

January 07, 2025 | Retail

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According to the latest report by IMARC Group, titled “Satchel and Saddle Bags Market Report by Product Type (Satchel Bags, Saddle Bags), Gender (Male, Female), Material (Leather, Fabric, and Others), Distribution Channel (Departmental Stores, Specialty Stores, Online Stores, Supermarkets and Hypermarkets, Discount Stores, and Others), and Region 2025-2033," the global satchel and saddle bags market reached a value of USD 416.4 Million in 2024. Satchel and saddle bags are flexible and fashionably designed clothing gear for carrying personal items. They are manufactured using lightweight and durable materials, such as leather, polyester, fabrics, cloth, cotton, nylon, and canvas. Satchel and saddle bags are widely carried during daily routine activities, motorcycling, biking, horse riding, trekking, and mountaineering. They are used for storing cellphones, wallets, cameras, water bottles, lunch, tools, books, laptops, and first aid kits. Satchel and saddle bags offer comfort, durability, style, and water resistance and are commercially available in various sizes and load-carrying capacities. They are also stylish and versatile and can be worn over one shoulder with a strap or used as handbags.

Global Satchel and Saddle Bags Market Trends:

The significant growth in the fashion industry and changing aesthetic trends across the globe are creating a positive outlook for the market. Moreover, the rising consumer inclination towards quality and stylish satchel and saddle bags with advanced fabrications, along with the increasing popularity of high-end fashion as a status symbol, is acting as another growth-inducing factor. Additionally, the rising product demand among the growing working women population to keep up with ever-changing fashion trends is favoring the market growth. Apart from this, the increasing demand for premiumization and customization for superior quality design and personalized information, such as name, photo, initials, or signature, on satchel and saddle bags is providing a considerable boost to the market growth. In line with this, the introduction of sustainable and eco-friendly product variants manufactured from recycled materials, natural cork, hemp, and vegetable leather is facilitating the market growth. Furthermore, manufacturers are introducing new prints and patterns to expand their existing consumer base, which, in turn, is positively influencing the market growth. Other factors, including aggressive promotional activities by manufacturers, increasing expenditure capacities of consumers, and easy product availability across various e-commerce platforms, are anticipated to drive the market growth. Looking forward, the market value is projected to reach USD 575.8 Million by 2033, expanding at a CAGR of 3.48% during 2025-2033.

Market Summary:

On the basis of the product type, the market has been divided into satchel and saddle bags.
Based on the gender, the market has been bifurcated into male and female.
On the basis of the material, the market has been classified into leather, fabrics, and others.
Based on the distribution channel, the market has been divided into departmental stores, specialty stores, online stores, supermarkets and hypermarkets, discount stores, and others.
On a regional basis, the market has been categorized into Asia Pacific, Europe, North America, the Middle East and Africa, and Latin America.
The competitive landscape of the industry has also been examined, with some of the key players being Coach, IP Holdings LLC, Chanel, Inc., Burberry Group Plc, Nicole Lee Estore, Etienne Aigner AG, Furla S.p.A., Kate Spade Holdings LLC, Hermès International Company, Michael Kors Holdings Limited, LVMH Moët Hennessy – Louis Vuitton SE and Mulberry Group Plc.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Segment Coverage	Product Type, Gender, Material, Distribution Channel, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered	Coach, IP Holdings LLC, Chanel, Inc., Burberry Group Plc, Nicole Lee Estore, Etienne Aigner AG, Furla S.p.A., Kate Spade Holdings LLC, Hermès International Company, Michael Kors Holdings Limited, LVMH Moët Hennessy – Louis Vuitton SE and Mulberry Group Plc.
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Satchel and Saddle Bags Market to Reach USD 575.8 Million by 2033, Impelled by Significant Growth in Fashion Industry

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