| Product Code: ETC5152957 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Benin`s import trend for the Benin handbag market experienced a significant decline from 2023 to 2024, with a growth rate of -99.47%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -55.5%. This sharp downturn could be attributed to shifts in consumer preferences, economic conditions, or changes in trade policies impacting the market.
By 2027, the Handbag market in Benin is anticipated to reach a growth rate of 12.26%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin Handbag Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Handbag Market Revenues & Volume, 2021 & 2031F |
3.3 Benin Handbag Market - Industry Life Cycle |
3.4 Benin Handbag Market - Porter's Five Forces |
3.5 Benin Handbag Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Benin Handbag Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Benin Handbag Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in Benin leading to higher spending on luxury items like handbags |
4.2.2 Growing fashion consciousness among consumers in Benin |
4.2.3 Rising demand for unique and locally-made handbag designs in the market |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting production costs |
4.3.2 Competition from international brands impacting the market share of local handbag manufacturers |
5 Benin Handbag Market Trends |
6 Benin Handbag Market Segmentations |
6.1 Benin Handbag Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Benin Handbag Market Revenues & Volume, By Satchel, 2021-2031F |
6.1.3 Benin Handbag Market Revenues & Volume, By Bucket Bag, 2021-2031F |
6.1.4 Benin Handbag Market Revenues & Volume, By Clutch, 2021-2031F |
6.1.5 Benin Handbag Market Revenues & Volume, By Tote Bag, 2021-2031F |
6.1.6 Benin Handbag Market Revenues & Volume, By Other Product Types, 2021-2031F |
6.2 Benin Handbag Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Benin Handbag Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.2.3 Benin Handbag Market Revenues & Volume, By Offline Retail Stores, 2021-2031F |
7 Benin Handbag Market Import-Export Trade Statistics |
7.1 Benin Handbag Market Export to Major Countries |
7.2 Benin Handbag Market Imports from Major Countries |
8 Benin Handbag Market Key Performance Indicators |
8.1 Number of new handbag designs introduced in the market |
8.2 Customer satisfaction levels with locally-made handbags |
8.3 Percentage of revenue generated from handbag sales in the overall fashion accessories market |
9 Benin Handbag Market - Opportunity Assessment |
9.1 Benin Handbag Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Benin Handbag Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Benin Handbag Market - Competitive Landscape |
10.1 Benin Handbag Market Revenue Share, By Companies, 2024 |
10.2 Benin Handbag Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |