technavio news and archive

Sales of luxury handbags show no signs of slowing down

The luxury handbag sector is witnessing dynamic growth, fueled by shifting consumer preferences and broader fashion trends, according to new data from Technavio, which expects the marget to grow by 24.73 billion dollars from 2024-2028. High craftsmanship, brand prestige, and the rising financial independence of women are driving demand, with...

loading...

Member

Business

Sales of luxury handbags show no signs of slowing down

The luxury handbag sector is witnessing dynamic growth, fueled by shifting consumer preferences and broader fashion trends, according to new data from Technavio, which expects the marget to grow by 24.73 billion dollars from 2024-2028. High craftsmanship, brand prestige, and the rising financial independence of women are driving demand, with...

loading...

FeaturedMember

Business

Yoga clothing market poised for strong growth

The global yoga clothing market is set to expand by an estimated 21.25 billion dollars between 2025 and 2029, according to a recent report by Technavio. With a projected annual growth rate of 7.7 percent, the sector is benefiting from an increasing demand for high-performance, technology-enhanced apparel. Consumer preferences in the yoga...

loading...

Member

Business

Report: Handbag market to grow by 14.1 billion dollars from 2021 to 2027

Technology research and advisory company Technavio released a report on the growth of the global handbag market, pointing out its estimated increase in value by 14.11 billion US dollars from 2022 to 2027 and a CAGR of 4.3% and highlighting key findings on this development. The handbag market 2023 to 2027 is split up into three segments by...

loading...