Market Share of South America Handbags Industry
The South America Handbags Market is highly competitive, with the presence of both global and regional players. The major companies in the market include LVMH Moet Hennessy Louis Vuitton, Kering SA, and Prada Holding SpA among others. The key players are expanding their presence in the region by launching new stores, curated collections, and investing in advertising and promotions. For instance, in October 2020, Brazilian accessories brand Ryzí opened its first store in São Paulo. The new Ryzí store carries the brand's full range of bags and collaboration designs. Companies are competing on different factors, including product design, quality, sustainability, and price points.
South America Handbags Market Leaders
LVMH Moet Hennessy Louis Vuitton
Kering SA
Prada Holding SpA
Michael Kors (USA), Inc.
Tory Burch LLC
*Disclaimer: Major Players sorted in no particular order
