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Leather, Vegan, and Beyond: Material Innovations Driving the Luxury Handbag Market Forward, 2025–2033.

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The global luxury handbag market is experiencing significant growth, fueled by rising disposable incomes, increasing urbanization, and a growing affluent population worldwide. According to recent research, the market was valued at USD 28.64 billion in 2024 and is projected to reach USD 53.80 billion by 2032, reflecting a CAGR of 8.20% during 2025–2032. Luxury handbags have evolved be... https://www.databridgemarketresearch.com/reports/global-luxury-handbag-market

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